AN ANALYSIS OF FINANCIAL SITUATION OF BESTWAY CEMENT COMPANY LIMITED
(RESEARCH AND ANALYSIS PROJECT)
SEPTEMBER 2008
(TOTAL WORDS:)
PRESENTED BY:
REGISTRATION NO.
CONTENTS
PAGE
PROJECT OBJECTIVES AND OVERALL RESEARCH APPROACH
REASONS FOR CHOOSING THE TOPIC AND COMPANY
There have been a few factors which helped me in the selection of the topic and company which I have discussed below:
• INTEREST: Analyzing the financial situation of an organization is interesting and full of learning activity. Not only for this reason but I also wanted to gain expertise in this subject as I invest in stocks.
• APPLICATION OF KNOWLEDGE: Being an ACCA student, it’s essential for one to learn the key skill of analyzing the financial statements as it is a part of syllabus for different papers.
• WIDE INFORMATION BASED: BWCL is a public limited company and is listed on all the Stock Exchanges of Pakistan therefore, its information is widely available and some of the information can easily be viewed on the internet which is up-to-date, relevant, meaningful and understandable.
• CEMENT SECTOR: The cement sector in Pakistan is prospering due to readily available industrial financing and home building credit facilities; demand is also increasing in neighboring countries. Analyzing the financial situation of BWCL, a company operating in this sector, has enabled me to get in depth understanding of how the cement sector may contribute to Pakistan’s economy.
• COMPANY: BWCL is one of the most diversified and leading companies in the cement sector of Pakistan. Being a renowned company, information gathering was relatively easy.
PROJECT OBJECTIVES
Each type of analysis has a purpose or use that determines the different relationships emphasized in that analysis. (Weston & Brigham, 1979)
The aims and objectives of this Research and Analysis