Fundamentals Of Management Accounting: Barclays Assessment Answer
Answer:
I selected Barclays Bank PLC, one of the leading financial institutions. On their company website I found their 2014 year -end report and consolidated position statement. (Or balance sheet).
Barclays bank has total liabilities of £ 1,209,044 million and holds total assets of £ 1,265,756 million. The debt to asset ratio of the bank is 0.95:1. Ratios above 1 indicate a deteriorating financial health and as the debts are more than the assets. Here the ratio is very close to 1; however still it is in better position as it is below 1 and indicating a good financial health.
I compared the 2014 balance sheet to the 2008 balance sheet. I thought this would be a good way to measure the bank performance and ability to survive in the short term during 2008 financial crisis. Total liabilities in 2008 were £ 1,953,663 million and the total assets were £ 1,987,542 million. The debt to asset ratio was 0.98:1, showing that the company had not moved much in six years Allan, W. (2008).
From the balance sheet, no detail information about the revenue and operating expenses is analyzed as here only the profit is given. Moreover, the balance sheet does not contain any information about the human resource of the company (Barclaysus.com, 2014).
Barclay bank’s balance sheet does not differentiate between current and long term assets. This could be a deficiency when calculating some ratios like current ratio, quick ratio. An investor could make estimation at the current assets but it will not be possible to know the current liabilities unless it is separately mentioned in the balance sheet.
References
Allan, W. (2008). Fundamentals Of Management Accounting. Amsterdam: CIMA/Elsevier.
Barclaysus.com,. (2014). Retrieved 14 August 2015, from https://www.barclaysus.com
Buy Fundamentals Of Management Accounting: Barclays Assessment Answers Online
Talk to our expert to get the help with Fundamentals Of Management Accounting: Barclays Assessment Answers from Assignment Hippo Experts to complete your assessment on time and boost your grades now
The main aim/motive of the finance assignment help services is to get connect with a greater number of students, and effectively help, and support them in getting completing their assignments the students also get find this a wonderful opportunity where they could effectively learn more about their topics, as the experts also have the best team members with them in which all the members effectively support each other to get complete their diploma assignment help Australia. They complete the assessments of the students in an appropriate manner and deliver them back to the students before the due date of the assignment so that the students could timely submit this, and can score higher marks. The experts of the assignment help services at www.assignmenthippo.com are so much skilled, capable, talented, and experienced in their field and use our best and free Citation Generator and cite your writing assignments, so, for this, they can effectively write the best economics assignment help services.
Get Online Support for Fundamentals Of Management Accounting: Barclays Assessment Answer Assignment Help Online
Want to order fresh copy of the Sample Fundamentals Of Management Accounting: Barclays Assessment Answers? online or do you need the old solutions for Sample Fundamentals Of Management Accounting: Barclays Assessment Answer, contact our customer support or talk to us to get the answers of it.
Assignment Help Australia
Want to order fresh copy of the Fundamentals Of Management Accounting: Barclays Assessment Answers? online or do you need the old solutions for Sample Fundamentals Of Management Accounting: Barclays Assessment Answer, contact our customer support or talk to us to get the answers of it.
