Financial Management

Running head: FINANCIAL MANAGEMENT
Financial Management
Name of the Student:
Name of the University:
Author’s Note:

FINANCIAL MANAGEMENT1
Table of Contents
1.0 Introduction................................................................................................................................2
2.1 Industry Analysis.......................................................................................................................2
Porters Five Force............................................................................................................................2
Rivalry among Existing Firms.....................................................................................................2
Threat of New Entrants................................................................................................................2
Threat of Substitute Products.......................................................................................................3
Bargaining Power of Suppliers....................................................................................................3
Bargaining Power of Buyers........................................................................................................3
2.2 Competitive Strategy Analysis..................................................................................................3
Differentiation Leadership...........................................................................................................4
3.1 Nature of Financial Statements..................................................................................................4
Statement of Profit & Loss and Other Comprehensive Income..................................................4
Balance Sheet...............................................................................................................................5
Statement of Changes in Equity..................................................................................................5
Cash Flow Statement...................................................................................................................5
3.2 Performance Analysis................................................................................................................6
3.3 Footnotes....................................................................................................................................7
Interest Income............................................................................................................................7
Trade and Other Payables............................................................................................................7

FINANCIAL MANAGEMENT2
Revenue.......................................................................................................................................7
Financial Instruments...................................................................................................................7
Equity...........................................................................................................................................8
Cash and Cash Equivalents..........................................................................................................8
Employee Entitlements................................................................................................................8
Going Concern.............................................................................................................................8
4.0 Accounting Strategy Evaluation................................................................................................9
Company’s Accounting Policies..................................................................................................9
Accounting Discretions by Managers..........................................................................................9
Company Policies and Estimation.............................................................................................10
5.0 Recasting of Financial Statements...........................................................................................10
Statement of Profit and Loss and Other Comprehensive Income..............................................10
Cash Flow Statement.................................................................................................................11
Balance Sheet.............................................................................................................................11
6.0 Conclusion...............................................................................................................................12
References......................................................................................................................................13

FINANCIAL MANAGEMENT3
1.0 Introduction
The company that has selected for the purpose of financial analysis is the African Gold
Group that is a Canadian Exploration and Development Company. The company is listed in the
Australian Stock Exchange with its current symbol as A1G and is headquartered in the Australia.
The operations of the company is primarily exploration and evaluation of mineral resources in
Africa and is operating in the Mining and Exploration Industry. The company was founded in the
year 2018 and has been undertaking various courses of business activities in the form of number
of mining exploration activities licenses located in Côte d'Ivoire.
2.1 Industry Analysis
Porters Five Force
Rivalry among Existing Firms
The rivalry existing between the existing firms in the Mining and Exploration Industry is
moderate as there are few companies that operates in these industry. The operations of the
company is primarily in the African Continent where the company is undertaking various new
exploration licences and exploration activity for the purpose of obtaining mineral resources.
Since, the supply of this type of products is very limited and companies operating in this segment
is low the existing competition particularly is low.