会计HND答案.docVIP

1．Introduction This is a report about SSP plc. SSP plc is engaged in food processing, supplying all the main supermarket chains with first class processed meat products. The report reflects financial affairs condition form 2003-2004, thereby we can analyse the company operations management and financing condition to decide the operation strategy. Task 1 Users of the accounting information Users of financial information Purpose of financial information Sources of financial information Management To make a effective decision of the company future, directing the areas of improvement and work allocate all sources of accounts, ratio analysis, Budgets Employees To know the performance of company; make sure the job security trading,profit and loss account, cash flow statement, profitability ratios Present Shareholders To know the situation of company and determine their dividend payments appropriation account, profitability ratios Potential Shareholders value of shares and the return on investment; compare the profitability and future prospects of the company with others to ascertain the best investment option appropriation account, profitability ratios, cash flow statement, capital employed ratio, gearing ratio Short-term creditors To decide the level of finance to be given；to evaluate the level of risk and determine the company’s ability to pay back any short-term loans cash flow statement, liquidity ratios Long-term creditors to evaluate the level of risk; to determine the company’s ability to pay back any long-term loans; value the assets in terms of collateral to seized and sold by the creditors in the event of the company defaulting on a long-term debt cash flow statement, liquidity ratio, balance sheet, competitors to compare the company’s performance with its own with a view to adopting best practice and making improvements all sources of information Analysts to assess the performance of the company, identify trends and make comparis