Inappropriate Accounting Policies and Its Impact on TESCO Report

This report presents a case study on TESCO, focusing on the impact of inappropriate accounting policies on the company's financial performance. The report begins by outlining the background of the research, highlighting the significance of the study and the research aims and objectives. It then delves into a literature review covering the concepts of accounting policies, the importance of profit and revenue disclosure, and the influence of inappropriate accounting policies on TESCO's financial results. The report also explores ways TESCO can overcome these issues. The research methodology includes both primary and secondary data collection methods. The report provides a Gantt chart and concludes with a list of references. This report aims to analyze the implications of accounting practices on TESCO's financial performance.

CORPORATE
STRATEGY

Table of Content
 Introduction
 Literature Review
 Research Methodology
 Data collection
 Gantt Chart
 References

Introduction
Corporate governance is the set of frame work which has some
specific practices, rules, regulations through which business
operations are performed in ethical and reliable manner. There
are some policies such as holistic view, compliance with laws,
accountability, transparency, innovation, etc.

1.1 Background of research
There is discussion about corporate governance issue of using
inappropriate accounting policies. This research is based on
TESCO which is one of the leading British multinational grocery
store. This organisation has headquarter in UK. In this research,
there is discussion about disclosure showing profits and revenues
under inappropriate accounting policies of TESCO.

1.2 Significance of research
Significance of this research is to understand issues arise in
corporate governance issue and its impact on overall
performance of association. TESCO is the company which use
inappropriate accounting policies. This has impact on disclosure
of profits and revenues of an association.

1.3 Research aim
“To identify the impact of inappropriate accounting policies on
disclosure of profits and revenues of association.” A case on
TESCO.

1.4 Research objectives
 To understand the concept of accounting policies.
 To evaluate the importance of disclosure profit and revenue
of association.
 To analyse influence of inappropriate accounting policies on
revenues and profits of TESCO.
 To recommend the different ways through which TESCO can
easily overcome impact of inappropriate accounting policies.

Literature Review
Concept of accounting policies
Accounting policies refers to specific principles and procedures
which has to be followed by management of organisation while
preparing financial statement. There are different methods and
procedures which are required to be followed by management
while providing accounting information to external and internal
parties.

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Importance of disclosure profit and revenue of association
Accounting policies are important because it provide complete and
relevant information about working style, financial position of
association. There are many parties such as shareholders,
suppliers, customers, etc. which requires information about
progress rate of association.

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Influence of inappropriate accounting policies on revenues
and profits of TESCO
When books of accounts of TESCO are provided with
inappropriate accounting policies, then this gives irrelevant and
incomplete information to employees. There are many parties
who wants to analyse financial data of TESCO in order to invest
in it.

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Different ways through which TESCO can easily overcome
impact of inappropriate accounting policies
There are different ways through which managers of TESCO can
overcome with this issue. In order to gain good image in
industry, managers must use appropriate policies significantly.
There must be expertise personnel who provide special
information to managers regarding disclosure of information.

DATA COLLECTION
Data collection refers to the process through which views of
respondents are analysed. There is requirement of collection of
data while conducting research in order to provide conclusion,
recommendations to readers. There are two methods to collect
data i.e. primary and secondary data. In this research both the
methods are used to collect data.

CONTD...
Primary data- This is the method in which researcher collects
information on their own which is relevant and fresh. This
information is specific because this is collected with one to
one interaction.
Secondary data- This the method through which information is
collected from internet sources, books, journals, etc.

Gantt Chart

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REFERENCES
Cave, M., 2017. 40 years on: An account of innovation in the
regulation of UK telecommunications, in 3½
chapters. Telecommunications Policy. 41(10). pp.904-915.
Cadman, R., 2019. Legal separation of BT: A necessary incentive
for investment?. Telecommunications Policy. 43(1). pp.38-49.

Thank You