Wednesday, 2 December 2015

My Top 3 BLOGS

Firstly, I am sorry to those who have not yet had the chance to upload the Blog discussion to rate you on this component of the Assignment.  I know that the draft is not due until tomorrow, however I'm dying to get this Assignment out of the way to get cracking with SPA's and Peerwise!



My Top 3 Blogs:                             .

1.      NICK GREGORY  http://nicksacct11059.blogspot.com.au/

Company: OPUS
The blog is clear and concise with good questions asked and concepts provided in his reflections.  I also liked the addition of a brief overview of the Statements, which was what I was looking for in learning about these companies.

I like the way Nick answered some of his own questions.  For example, I have seen students ask “What is EBIT?” however have not answered this.  Like myself, Nick has also tried to answer a lot of questions as part of this self learning exercise.  This demonstrates to me the self motivated learner, although not part of the assignment, as such, I think this provides additional learning for the readers. 
The overview of his company is thorough and it is easy to understand what his Company does; as with his discussion regarding the financials of the company to provide points of interest in decision making.

As a point of interest, we have similar companies that probably compete in the same market for tenders, both being in construction in the UK, although we both were unable to find any articles regarding this.  Very good blog to read as a good example of Assignment 1.


2.      JASON HOLT    http://jasonsaccountingjourney.blogspot.com.au/

Company: SPECTRIS
Jason’s blog is very straight to the point and very well structured.  The content is easy to follow and more importantly, easy to understand. His review of the Company is well clear and precise and is a great summary.  He has covered all the concepts and parameters of the Assignment very well and very succinctly.  I like the way he has summarised the firms overall financial performance and outlook and his related Key Concepts and questions are very appropriate.


3.      SAM MARSHALL    http://sbmarsh.blogspot.com.au/

Company: YUE YUEN (HOLDINGS) LTD
This Blog is very thorough and I found it interesting and engaging.  Like the other 2 Blogs the level of discussion was quite in depth which is what I like to read.  He has demonstrated the ability to obtain some learnings, discuss the financials and provided the information required of the assignment – in particular KCQ as well as a good overview of the company.  I was actually able to answer one of his questions regarding the timeframe of the Annual Report as one was 15months not the usual 12 month fiscal year.  As I am also doing ACCT19062 Issues in Financial Accounting, I was able to answer this question (as clarified in the Australian Accounting Standards) and provide him a direction of where to look for reasons why they covered 15 months in his Financial Report.  This is an engaging blog for me as Sam discussed some good points regarding his financials in his KCQ’s also.  



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