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Week 3a [4/24] PRIVATE STUDY: Getting financial information: an introduction to published financial statements

Company Reports – Case Study TESCO

Tesco Annual Report 2024

You can access and download the latest corporate report of Tesco from

https://www.tescoplc.com/investors/reports-results-and-presentations/annual-report-2024

The lecture/self study notes are at http://www.ecourse.co.uk/media/tesco/presentation.pdf

Course video: Getting information about a company from Companies House: Tesco plc [CORE]

NB: You may have to use this link: https://www.gov.uk/government/organisations/companies-house

Course video: Getting information about a company from its website: Tesco plc


Preparing for Seminar 1: Worksheet exercises – private study [CORE]

There is a worksheet with three exercises based on the material covered to date. The first two are similar to each other. There is an elearning presentation on solving the first exercise – click here to access.

In addition solutions are available for all three exercises.

Please do these exercises and revise Morag Shalini (week 1 & 2) before starting your Seminar 1 exercise.


Additional directed private study [ADD]

The following tasks are intended to get you more familiar with online sources of information which will need to use carefully and critically over the course. You’ll need to use all of these selectively withdrawing significant information and deriving a view of the company’s financial performance and position which is consistent and is justified by these information sources.

  • Choose a company – any UK quoted company will do.
  • Do a general web search on your company’s name. What sort of information do you get? Learn how to narrow your search to, say, information relating to the past month (or year). How can this information help you, if at all?
  • Locate basic legal information about the company at Companies House. How useful is this going to be? What sort of additional information is available if you need it and cannot get it elsewhere. Will it cost, and, if so, how much?
  • How is you company doing on the Stock Exchange. Google Finance will help you here. Learn the basics of using the graph of the share price. Explore how to change the time period and what the little capital letters tell you. Do you recognise any of the information shown above the graph. Are investors interested in the performance of the company? Why? What sort of decisions can an investor make? Do you think investors are interested in how the company will perform or how it has performed?
  • Locate the company’s website. Have a browse around. Look for and access the investor relations section. Can you find and download the latest corporate/annual report containing the financial statements. If so, download and store the document.
  • Browse [generally] through the annual report. Do this just generally at the moment. What sort of information is there there? How much of it is narrative. How much numerical? How much pictorial or graphical? Which kind of information do you think is the easiest to deal with.

Do you think like an accountant? Quiz [ADD]

Try out this quiz and see how you do. This quiz will help you understand accruals accounting and the matching concept.


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