{"id":8,"date":"2025-10-04T10:30:15","date_gmt":"2025-10-04T09:30:15","guid":{"rendered":"http:\/\/ecourse.co.uk\/8135\/?p=8"},"modified":"2025-10-04T10:25:13","modified_gmt":"2025-10-04T09:25:13","slug":"week-2","status":"publish","type":"post","link":"https:\/\/ecourse.uk\/8135\/?p=8","title":{"rendered":"Week 3a [4\/24] PRIVATE STUDY: Getting financial information: an introduction to published financial statements"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_84 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/ecourse.uk\/8135\/?p=8\/#Company_Reports_%E2%80%93_Case_Study_TESCO\" >Company Reports &#8211; Case Study TESCO<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/ecourse.uk\/8135\/?p=8\/#Tesco_Annual_Report_2024\" >Tesco Annual Report 2024<\/a><ul class='ez-toc-list-level-5' ><li class='ez-toc-heading-level-5'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/ecourse.uk\/8135\/?p=8\/#Course_video_Getting_information_about_a_company_from_Companies_House_Tesco_plc_CORE\" >Course video: Getting information about a company from Companies House: Tesco plc [CORE]<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-5'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/ecourse.uk\/8135\/?p=8\/#Course_video_Getting_information_about_a_company_from_its_website_Tesco_plc\" >Course video: Getting information about a company from its website: Tesco plc<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/ecourse.uk\/8135\/?p=8\/#Preparing_for_Seminar_1_Worksheet_exercises_%E2%80%93_private_study_CORE\" >Preparing for Seminar 1: Worksheet exercises &#8211; private study [CORE]<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/ecourse.uk\/8135\/?p=8\/#Additional_directed_private_study_ADD\" >Additional directed private study [ADD]<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/ecourse.uk\/8135\/?p=8\/#Do_you_think_like_an_accountant_Quiz_ADD\" >Do you think like an accountant? Quiz [ADD]<\/a><\/li><\/ul><\/nav><\/div>\n<h4><span class=\"ez-toc-section\" id=\"Company_Reports_%E2%80%93_Case_Study_TESCO\"><\/span><strong>Company Reports &#8211; Case Study TESCO<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<h4><span class=\"ez-toc-section\" id=\"Tesco_Annual_Report_2024\"><\/span><strong>Tesco Annual Report 2024<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>You can access and download the latest corporate report of Tesco from<\/p>\n<p><strong><a href=\"https:\/\/www.tescoplc.com\/investors\/reports-results-and-presentations\/annual-report-2024\" target=\"_blank\" rel=\"noopener\">https:\/\/www.tescoplc.com\/investors\/reports-results-and-presentations\/annual-report-2024<\/a><\/strong><\/p>\n<p>The lecture\/self study notes are at <strong><a href=\"http:\/\/www.ecourse.co.uk\/media\/tesco\/presentation.pdf\">http:\/\/www.ecourse.co.uk\/media\/tesco\/presentation.pdf<\/a><\/strong><\/p>\n<h5><span class=\"ez-toc-section\" id=\"Course_video_Getting_information_about_a_company_from_Companies_House_Tesco_plc_CORE\"><\/span><strong>Course video: Getting information about a company from Companies House: Tesco plc [CORE]<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h5>\n<p>NB: You may have to use this link: <strong><a href=\"https:\/\/www.gov.uk\/government\/organisations\/companies-house\" target=\"_blank\" rel=\"noopener\">https:\/\/www.gov.uk\/government\/organisations\/companies-house<\/a><\/strong><\/p>\n<p><iframe loading=\"lazy\" title=\"Getting Company information - Companies House\" width=\"600\" height=\"338\" src=\"https:\/\/www.youtube.com\/embed\/iKqJ8qBUfCM?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<h5><span class=\"ez-toc-section\" id=\"Course_video_Getting_information_about_a_company_from_its_website_Tesco_plc\"><\/span><strong>Course video: Getting information about a company from its website: Tesco plc<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h5>\n<p><iframe loading=\"lazy\" title=\"Getting information about a company 1 - Tesco plc\" width=\"600\" height=\"338\" src=\"https:\/\/www.youtube.com\/embed\/Y4SvHjLNxiM?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<hr \/>\n<h4><span class=\"ez-toc-section\" id=\"Preparing_for_Seminar_1_Worksheet_exercises_%E2%80%93_private_study_CORE\"><\/span><strong>Preparing for Seminar 1: Worksheet exercises &#8211; private study [CORE]<br \/>\n<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>There is a <strong><a href=\"http:\/\/www.ecourse.co.uk\/materials\/worksheet1.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">worksheet <\/a><\/strong>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 &#8211; click <strong><a href=\"http:\/\/www.ecourse.co.uk\/media\/transactions\" target=\"_blank\" rel=\"noopener noreferrer\">here<\/a> <\/strong>to access.<\/p>\n<p>In addition <a href=\"http:\/\/ecourse.co.uk\/materials\/worksheet1sols.pdf\"><strong>solutions<\/strong><\/a> are available for all three exercises.<\/p>\n<p><strong>Please do these exercises and revise Morag Shalini (week 1 &amp; 2) before starting your Seminar 1 exercise.<\/strong><\/p>\n<hr \/>\n<h4><span class=\"ez-toc-section\" id=\"Additional_directed_private_study_ADD\"><\/span><strong>Additional directed private study [ADD]<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>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\u2019ll need to use all of these selectively withdrawing significant information and deriving a view of the company\u2019s financial performance and position which is consistent and is justified by\u00a0these information sources.<\/p>\n<ul>\n<li>Choose a company \u2013 any UK <em>quoted<\/em> company will do.<\/li>\n<li>Do a general web search on your company\u2019s 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?<\/li>\n<li>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?<\/li>\n<li>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?<\/li>\n<li>Locate the company\u2019s 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.<\/li>\n<li>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.<\/li>\n<\/ul>\n<hr \/>\n<h4><span class=\"ez-toc-section\" id=\"Do_you_think_like_an_accountant_Quiz_ADD\"><\/span><strong>Do you think like an accountant? Quiz [ADD]<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>Try out this\u00a0<a href=\"http:\/\/ecourse.co.uk\/eng2001\/l01quiz\/\" target=\"_blank\" rel=\"noopener noreferrer\"><strong>quiz<\/strong>\u00a0<\/a>and see how you do. This quiz will help you understand <strong>accruals accounting<\/strong> and the <strong>matching concept<\/strong>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Company Reports &#8211; 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 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_links_to":"","_links_to_target":""},"categories":[2,3],"tags":[],"class_list":["post-8","post","type-post","status-publish","format-standard","hentry","category-elearning","category-lectures"],"_links":{"self":[{"href":"https:\/\/ecourse.uk\/8135\/index.php?rest_route=\/wp\/v2\/posts\/8","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ecourse.uk\/8135\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ecourse.uk\/8135\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ecourse.uk\/8135\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ecourse.uk\/8135\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=8"}],"version-history":[{"count":32,"href":"https:\/\/ecourse.uk\/8135\/index.php?rest_route=\/wp\/v2\/posts\/8\/revisions"}],"predecessor-version":[{"id":1706,"href":"https:\/\/ecourse.uk\/8135\/index.php?rest_route=\/wp\/v2\/posts\/8\/revisions\/1706"}],"wp:attachment":[{"href":"https:\/\/ecourse.uk\/8135\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ecourse.uk\/8135\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ecourse.uk\/8135\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}