Wednesday, March 25, 2015

What concerns do you have at this stage? Are you happy with Oz Brewing Limited or would you have preferred to be given a different company?


At this stage of the assignment I am happy with the company I have been given and have a concern but it is to do with the Company’s financial situation. Oz Brewing Limited is a small company which has a small annual report, the only concern I have is that the Annual Report does not go into great detail like better companies have. An example of this is when I was doing the Company’s Spreadsheet they only give one line of the Comprehensive Income. The company does not break the Comprehensive Income into separate accounts; the company just shows it has one figure. John, the Bundaberg Tutor has said to just show the Changes of Equity exactly like your Company in their Annual Report has. I am happy with the Oz Brewing Limited because of my background experience with working at Dimmey’s Bundaberg. As people probably already know Dimmey’s Bundaberg went into Voluntary Administration in 2013 to 2014 but then another company bought Dimmey’s and is currently running Dimmey’s now. So I can relate my personal experience of a company going into Administrator and be able to understand and relate more in-depth to this company because of this similar experience.  

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