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Financial statements

Forums › OBU Forums › Financial statements

  • This topic has 2 replies, 2 voices, and was last updated 4 years ago by bananabuddy.
Viewing 3 posts - 1 through 3 (of 3 total)
  • Author
    Posts
  • April 16, 2021 at 9:33 am #617859
    bananabuddy
    Member
    • Topics: 14
    • Replies: 13
    • ☆

    Im doing topic20 for the RAP for the company, Inditex. However, I realized that all the CSR issues are coming from Zara, not Inditex.

    The problem is that, the issues are coming from Zara, but the solutions are from Inditex.

    Zara also doesnt have a financial statement for my ratio analysis, only the Inditex group financial statement are available

    How should I deal with this?

    April 16, 2021 at 4:36 pm #617890
    GillianM – OBU Registered Mentor
    Moderator
    • Topics: 3
    • Replies: 518
    • ☆☆☆☆

    Well Inditex is the parent company so ultimately it has the responsibility. However I think Zara is the biggest subsidiary anyway

    I would be inclined to have ‘ Zara – Inditex’ in the title to cover this and that will then solve your issue about the financial statements.

    I had a student last session who did T20 and her company had been acquired by another company so it was a similar situation as there were no financial statements for the last couple of years for the company. Her report was given a B grade so the marker clearly didn’t have a problem with this approach

    April 18, 2021 at 11:19 am #618081
    bananabuddy
    Member
    • Topics: 14
    • Replies: 13
    • ☆

    Thank you for the suggestion Gillian! Youre a lifesaver!!!

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