samsung
Term Report
Acknowledgement
We would like to acknowledge with appreciation the role of our instructor Mr. Faraz Naseem for providing us this opportunity .This report has really helped us to understand the effects of good financial managements practices. After studying course Introduction to Financial Accounting and with his teachings the way we look at organization is changed. We would like to extend our gratitude to all of them for their guidance and constant supervision as well as for providing necessary information regarding different functions of management and the general practices in the organizations.
Executive Summary
This report emphasis on the importance and impact of different financial accounting tools practiced in the organizations. This report has been produced by a group of IoBM students for their Term assignment. The group examines the impact of basic principles of accounting. The group collected the data by surfing internet, reading organization documents. Nestle’ is Pakistan’s one of leading multinational organization in FMCG sector. As mission statement states that “Positively influence the social environment in which we operate as responsible corporate citizens, with due regard for those environmental standards and societal aspirations which improve quality of life. The report covers financial analysis of Nestle Pakistan for fiscal years 2009 and 2010. The financial report of Nestle’ for the years 2009 and 2010 are acquired from its corporate website. M/S KPMG Taseer Hadi & Co. carried out the audit of Nestle’ for the above cited fiscal years.
Table of Contents
INTRODUCTION
Nestle is the world's leading nutrition, health and wellness company. "Good Food, Good Life" is the promise that has been committed worldwide by nestle as it is raising the standard of the people through producing best quality products available for consumers at the competitive market rate. Nestle Pakistan Limited is a Pakistan- based food and
Acknowledgement
We would like to acknowledge with appreciation the role of our instructor Mr. Faraz Naseem for providing us this opportunity .This report has really helped us to understand the effects of good financial managements practices. After studying course Introduction to Financial Accounting and with his teachings the way we look at organization is changed. We would like to extend our gratitude to all of them for their guidance and constant supervision as well as for providing necessary information regarding different functions of management and the general practices in the organizations.
Executive Summary
This report emphasis on the importance and impact of different financial accounting tools practiced in the organizations. This report has been produced by a group of IoBM students for their Term assignment. The group examines the impact of basic principles of accounting. The group collected the data by surfing internet, reading organization documents. Nestle’ is Pakistan’s one of leading multinational organization in FMCG sector. As mission statement states that “Positively influence the social environment in which we operate as responsible corporate citizens, with due regard for those environmental standards and societal aspirations which improve quality of life. The report covers financial analysis of Nestle Pakistan for fiscal years 2009 and 2010. The financial report of Nestle’ for the years 2009 and 2010 are acquired from its corporate website. M/S KPMG Taseer Hadi & Co. carried out the audit of Nestle’ for the above cited fiscal years.
Table of Contents
INTRODUCTION
Nestle is the world's leading nutrition, health and wellness company. "Good Food, Good Life" is the promise that has been committed worldwide by nestle as it is raising the standard of the people through producing best quality products available for consumers at the competitive market rate. Nestle Pakistan Limited is a Pakistan- based food and