RAP Topic Selection including specific current rules for Topics 8 & 15

You may find the posts on https://opentuition.com/topic/comparator-company/
useful as it sets out the sorts of things you should consider before making your final choice

Also the topic on whether problems with financial statements and whether they are comparable may help you with your selection. (I think there may also be a section in the OBU information pack about putting your company in an industry context – something I touch upon in the article on Evaluation on our homepage – so read those too)

@salman1 – you will have to provide the financial statements for any comparator so if you won’t be able to do this then the comparator is not suitable. Normally similar sized companies are listed but there are some large companies that are not plc’s eg Virgin Atlantic. Otherwise if the size difference is too large, performance comparisons are not so valid.

Hi all,
I submitted my RAP on topic 15 in period 31 (Nov 2015) and failed. I am going to resubmit my RAP again, perhaps on this May 2016, still under Topic 15.
As I am confusing at some points, could you please give me answers on several questions?
My questions are:
1. I passed SLS and failed on RAP, so If I resubmit on the same topic, with the same organisation, I would have to submit my RAP and relevant proofs of calculation, and I will not have to resubmit my Presentation and SLS. Did I understand it right?
2. For new requirement on using Industry Classification Benchmark, “apply to students submitting for the first time or for students changing topic in both the May 2016 (Period 32) and November 2016 (Period 33”.(accaglobal). So for resubmitting purpose on the same topic like I am going to do, I am not required to using this ICB, right?

I am looking forward to your reply, thank you so much.

@asalman1 said:
Thank you for the prompt reply. I have chose British Airways. What you think should be the best competitor ? any suggestion? I looked Virgin Atlantic but they dont have three years annual report. Every company which i choose dont have annual reports showing on their website 🙁

I have chosen KLM as BA’s comparator

Hi, i want to know that in T8, I chose a company that has consolidated f/s. In my financial AND business analysis, where do i have to explain the effects of subsidiary eg in what areas and how to mention subsidiary issues?

would it be a problem to use unaudited figures from a Financial statement?

https://opentuition.com/topic/using-an-airline-for-t8/page/4/#post-309997

Hi,

I have decided to select two foreign multinational pharmaceutical companies after I observed that our local pharmaceutical companies do not provide adequate information. From my review, I observed that both companies have different currencies and do not operate in the same country. One is located in the UK and the other in France. The Company in the UK uses the dollars as its functional currency whilst the company in France uses the Euro.

Would this affect my chances and analysis?

Thank you for your response Trephena.

I am planning to do research on topic 08. I was thinking of selecting At & t & Verizon (competitor) or American Airlines & United airlines. Could you please suggest me which one is better? Or should I change the organizations?

i have a query regarding a situation in gsk pakistan financial statement,
in 2015 there was discontinued operation of a segment and financial statements have been restated of previous year

1. should i use the financial statement of 2014 in the annual report 2014, or restated one in 2015

2. with regards to inventory turnover calculation im having an incorrect answer for 2015, whichever value im using , could u give me any tips how i culd find the calculation or how i could go about it

thanks alot

Please Trephena kindly tell me how to handle the issue of a company that i have chosen having its FS in Dollars while the competitor has its currency in British pounds. Both are operating fully in USA.

How do i compare these two companies? Do I convert the British pounds to Dollars?

Please i need an assistance,

please someone should help me with examples of products of a biotechnology company.

Thank you.

dear moderator/users/mentors
i have a question regarding topic 8

i have chosen pharmaceuticals sector for topic 8 and the company is GlaxoSmithKline Pakistan
the latest financial years are Fy13 Fy14 and Fy15

during FY15 the company discontinued its healthcare business and included it as discontinued operations, it also restated its FY14 financial statements accordingly

To calculate my ratios i have used the values of FY15 excluding discontinued operations,
i have also used restated values of FY14 excluding discontinued operations,
BUT there are no restated values of FY13

now the problem is if i use the restated values of FY14 and FY15 how can i compare it with FY13, in FY13 the healthcare business was continuing

the comparison will not be like with like

how should i address this issue in my RAP