BM414 Financial Decision Making Report: Skanska PLC Performance

This report, submitted for the Financial Decision Making module (BM414) at the London School of Science and Technology, provides a comprehensive analysis of Skanska PLC's financial performance. The report begins with an introduction to financial decision-making and an overview of Skanska PLC, a multinational construction and development company. It then delves into the functions, roles, and duties of accounting and finance within the company. The report explains the structure and key terms used in financial statements, followed by an exploration of management accounting techniques for planning, control, and decision-making. The role of management accountants within Skanska PLC is also discussed. The second part of the report focuses on ratio analysis, calculating and interpreting five key financial ratios for both 2018 and 2019, providing insights into the company's profitability, liquidity, and efficiency. Finally, the report concludes with an overall assessment of Skanska PLC's financial health.