Article Writing Homework Help

Write 12 pages with APA style on Financial Resources. Every company as a mandatory requirement by government prepares the auditor’s report. This report satisfies the company’s various stakeholders i.e., government, investors, lenders, suppliers and a general reader of financial statements that the company’s annual report has been prepared fairly. Both the companies’ auditor report gives a true and fair view of the company’s performance.

The profit and loss statement is important for the stakeholders interested in reviewing the financial performance of the company over the year. Caf Nero Plc’s profit and loss statement is much well defined showing profit than that of Coffee Republic Plc showing loss for the period.

It is of importance to the stakeholders who are interested in the financial position of the company for a particular point in time. Caf Nero Plc’s balance sheet show an increasing net worth of the company, while the balance sheet of Coffee Republic Plc shows a declining net worth of the company.

This statement shows the company’s position in terms of cash availability. Cafe Nero Plc’s cash flow statement shows an increase in total cash available in the company, whereas the Coffee Republic Plc’s cash flow statement shows a severe decrease in cash for the year 2005.

The notes provide an insight into the company’s financial position and performance by showing breakdowns of facts and figures stated in its financial statements.