Saunders International are an engineering and construction firm which specialises in the design, construction and maintenance of steel bulk liquid storage tanks and associated facilities. Although I have little to no knowledge in this particular area, this is my chosen organisation for the Accounting Assignment. There are many steps in this first assignment which i must work my way though, beginning with the analysis of the Annual Reports
I found the most interesting part of each Annual Report was the letter to shareholders. In quite a brief summary Saunders International Ltd. managed to give an insight to the financial position of the organisation and an overall assessment of their past performance.
The financial statements and following notes were less exciting to read through and certainly more confusing. I had come across a few terms that I did not completely understand. However after my weekly lecture, I am more confident in approaching the remainder of the annual reports and compiling KCQ's (Key Concepts and Questions) to add in discussion with my accounting class
Stay posted for more information on Saunders International Ltd. very soon...
If you are wanting to now more, feel free to check them out for yourself at:
http://www.saunders-international.com.au/
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