Financial Statement Analysis

Running head: FINANCIAL STATEMENT ANALYSIS
FINANCIAL STATEMENT ANALYSIS
Name of the student:
Name of the university:
Author Note:

FINANCIAL STATEMENT ANALYSIS1
Table of Contents
1. Introduction.........................................................................................................................2
2. Risk and Profit Potential of Brisbane Broncos......................................................................2
2.1 Industry Analysis.............................................................................................................2
2.2 Competitive Strategy Analysis.........................................................................................5
3.2 Performance Analysis......................................................................................................6
3.3 Notes of the Financial Statement.....................................................................................7
4. Accounting Strategy Evaluation............................................................................................8
5. Recasting the Financial Statement.........................................................................................8
Conclusion................................................................................................................................11
References................................................................................................................................12

FINANCIAL STATEMENT ANALYSIS2
1. Introduction
The aim of the assignment actually deals with the chosen assignment which is the Brisbane
Broncos which is actually a Australian professional rugby league. The team broncos actually
plays the Australian elite competition which is the National Rugby league premiership. This
is actually the most successful club in the history of competition over the past three decades.
The club is basically considered as the most successful club in the history of the rugby league
which actually won 62.5 % of the games which is played since its commencement in the year
1988 where on the other hand the second lies only to the Melbourne Storm with 65.2 % win
based on the games. The certain analysis is conducted regarding the industry, accounting
strategy and the financial statement of the company in that case. This will help to identify the
financial status of the business of the current club in the long run of business.
2. Risk and Profit Potential of Brisbane Broncos
2.1 Industry Analysis
Michael porters five force analysis have been conducted by the business of the
company which is Brisbane Broncos and the scenario have been depicted bellow:

FINANCIAL STATEMENT ANALYSIS3
Porter five forces model have been regarded as the strategic framework which is actually
needed to be implemented for the purpose to make strategic decision in order to analyze the
present business conditions of the company. Brisbane broncos limited porter five force model
is actually shown bellow:
Threats of New entrance:
The new entrance will definitely put an immediate impact and more pressure on the
company which is actually limited to the lower pricing strategy along with the that providing
the new proposition to the customers. Further the challenge faced by the company is limited
and effective strategies to safeguard the competitive edge of the company. There are certain
strategies which must be adopted by the Brisbane broncos in order to tackle the new entrance
by the improvisation of the new product and services, enhancing the economies of scale by
lowering the fixed cost and lastly concentrating in building huge capacity and further making
investments in the research and developments of the firm.
Bargaining power of the suppliers