only part 4 needs to be done which is financial structure analysis, the company is commbank
Page 1 of 8 HA1022 Principles of Financial Management Group Assignment HOLMES INSTITUTE FACULTY OF HIGHER EDUCATION Assessment Details and Submission Guidelines Trimester T2 2020 Unit Code HA1022 Unit Title Principles of Financial Management Assessment Type Group Assignment Assessment Title Research on the Australian Financial Market Purpose of the assessment (with ULO Mapping) To complete this assessment, students are required to: 1. Explain the institutional framework of the Australian financial system. 2. Discuss the financial instruments available from their chosen company. their uses and apply the financial concepts to their chosen company. 3. Perform financial ratio calculations and analysis. 4. Assess the relationships between financial institutions that make up their chosen industry. Weight 40% of the total assessments Total Marks 40 Word limit 3,000 words (Maximum) Due Date Week 10 - Friday 25th, September, 2020 at 5pm Submission Guidelines • All work must be submitted on Blackboard by the due date along with a completed Assignment Cover Page. • The assignment must be in MS Word format, no spacing, 12-pt Arial font and 2cm margins on all four sides of your page with appropriate section headings and page numbers. • Use appropriate referencing (in-text citation and reference lists) Reference sources must be cited in the text of the report and listed appropriately at the end in a reference list using Harvard referencing style. • Submitted work should be your original work showing your creativity. Please ensure the self-check for similarity to be done before final submission in accordance with SafeAssign Student Guide in Blackboard. Please note that it can take 48 hours for the self-check report to be available for your viewing. • You are required to submit the assignment at Group Assignment Final Submission, which is under Assessment folder on Blackboard. Always keep an electronic copy until you have received the final grade for the Unit. Please make sure that you submit the correct file. Any appeal relating to wrong submission after the deadline will not be considered. Page 2 of 8 HA1022 Principles of Financial Management Group Assignment Assignment Specifications Assignment Tasks The assignment task is a written report and analysis of your chosen financial institution and the financial environment. You will be required to apply the financial concepts you have learned in class to your chosen industry and company. In groups of 3-4, students should first choose one ASX listed company to undertake financial ratio, market and competitor analysis. Finally, identify the regulator of the industry and your chosen ASX Listed Company and the recent actions (within the last 3 years) that they have taken to control ethical behaviour in the industry. Note that groups cannot have the same ASX Listed Company. The first-come, first-served rule will apply. Assignment Structure should be as the following: Requirement/s and Guide Questions 1 Industry Description (4 marks, up to 400 words) a) Discuss the size of the industry and the level of competition. b) Identify the regulator/s of the industry. Comment on the extent of the regulator’s power to ensure compliance within the industry. 2 Company Description (6 marks, up to 600 words) a) What is/are the main source of business (the main source of revenue)? b) What is the ownership structure of your company? 3 Financial Instrument Analysis (6 marks, up to 600 words) a) Secure a copy of the 2019 or 2020 Balance Sheet and Income Statements of your chosen firm and attach it as an exhibit or table in your appendix. b) What are the financial instruments that your firm deals in? Check Assets, Liabilities and Equities section. Also read through the Notes to Financial Statements to get a better description of the financial instruments. c) Evaluate the cash or liquidity situation of the company and provide your opinion based on the liquidity ratios. 4 Financial Structure Analysis (10 marks, up to 1000 words) Suppose your chosen company requires AUD 10 Million to finance a new project and your finance managers are evaluating whether to borrow or issue new shares. a) Identify 2 key financial ratios that will be important to creditors. b) Identify 2 key financial ratios that will be important to shareholders. c) Calculate the 4 financial ratios (above) based on the financial statements you have attached. d) Based purely on Financial Ratios, recommend whether it is better for the company to borrow the AUD 10 Million or issue AUD 10 Million new shares. Page 3 of 8 HA1022 Principles of Financial Management Group Assignment 5 Financial Market Analysis (8 marks, up to 600 words) a) Conduct further research on your chosen company and explain the governance environment of the company. Has it been involved in any unethical practices in the past? How did the regulators and investors react? What corrective actions were taken by the company? If there has been no reported incidence of unethical behaviour, comment on your chosen company’s strategies that ensure compliance with the law. 6 Findings, Conclusion and Recommendations (4 marks, up to 400 words) Based on a summary of your findings, conclude whether the financial market for your chosen industry is healthy. 7 Presentation of Paper (including Assignment Cover Page and Reference List) – 2 marks and not included in word count Marking Criteria Weighting Industry Description 4 Company Description 6 Financial Instrument Analysis 6 Financial Structure Analysis 10 Financial Market Analysis 8 Findings, Conclusion and Recommendations 4 Presentation of Paper (including references) 2 TOTAL Weight 40 Academic Integrity Holmes Institute is committed to ensuring and upholding Academic Integrity, as Academic Integrity is integral to maintaining academic quality and the reputation of Holmes’ graduates. Accordingly, all assessment tasks need to comply with academic integrity guidelines. Table 1 identifies the six categories of Academic Integrity breaches. If you have any questions about Academic Integrity issues related to your assessment tasks, please consult your lecturer or tutor for relevant referencing guidelines and support resources. Many of these resources can also be found through the Study Sills link on Blackboard. Academic Integrity breaches are a serious offence punishable by penalties that may range from deduction of marks, failure of the assessment task or unit involved, suspension of course enrolment, or cancellation of course enrolment. Page 4 of 8 HA1022 Principles of Financial Management Group Assignment Table 1: Six Categories of Academic Integrity Breaches Plagiarism Reproducing the work of someone else without attribution. When a student submits their own work on multiple occasions this is known as self-plagiarism. Collusion Working with one or more other individuals to complete an assignment, in a way that is not authorised. Copying Reproducing and submitting the work of another student, with or without their knowledge. If a student fails to take reasonable precautions to prevent their own original work from being copied, this may also be considered an offence. Impersonation Falsely presenting oneself, or engaging someone else to present as oneself, in an in-person examination. Contract cheating Contracting a third party to complete an assessment task, generally in exchange for money or other manner of payment. Data fabrication and falsification Manipulating or inventing data with the intent of supporting false conclusions, including manipulating images. Source: INQAAHE, 2020 Page 5 of 8 HA1022 Principles of Financial Management Group Assignment Marking Rubric Excellent (85% - full marks given) Very Good (80%) Good (65%) Satisfactory (50%) Unsatisfactory (0%) Industry Description (4%) Identification of the players within the industry, the level of competition, the regulators of the industry and how they interact with each other. Identification of the players within the industry, the level of competition, and the regulators of the industry. Identification of the players within the industry and the level of competition. Identification of the players within the industry. No introduction or description of the industry. Company Description (6%) Identified an ASX Listed Company within the chosen industry with clarity and relevance and have included all 3 of the requirements of the section and linked them with the company’s mission, vision and goals. Identified an ASX Listed Company within the chosen industry with some clarity and relevance and have included all 3 of the requirements of the section. Identified an ASX Listed Company within the chosen industry with some clarity and relevance and have included at least 2 of the requirements of the section. Identified an ASX Listed Company within the chosen industry with some clarity and relevance and have included at least 1 of the requirements of the section. No introduction or description of the ASX Listed Company included in the report. Inappropriate choice of organisation. Not in the approved list nor in the correct industry. Financial Instrument Analysis (6%) Balance Sheet and Income Statement attached in appendices and at least 2 financial instruments have been identified and analysed correctly. Check for any OBS business has been done and commented on. Risk between Balance Sheet and OBS business in terms of volume has been analysed. Balance Sheet and Income Statement attached in appendices