Sunday, December 8, 2019

Financial Analysis Self-Reflection Report

Question: Write a Self Reflection Report. Answer: Self-reflection report: The group was given a task to analyze the financial position of a company. The company taken by the group was Lim Associates (Pte) Limited. The report made my group highlights on how the company has been facing a negative trend in terms of its financial parameters. After going through a detailed discussion with my group members and going through the report prepared by them, I have come to the conclusion that the company has been facing a financial crunch as both the share price and the Earning per share of the company is falling. I have mainly contributed towards the recommendation part of the report. In order to provide the recommendations, I have thoroughly gone through the different factors that affects the companys financial performance and how such factors could be controlled by the company. I have gathered a knowledge regarding the importance of the financial performance of a company for the investors point of view. The information that I gathered in order to attain knowledge with regard to evaluation of financial performance of a company has helped me to get a clear understanding of the concept. It also helped me to understand that even though a company faces certain backlog in financial operations, it can still perform better if it takes corrective measures in time. This report has helped me to develop my skills to understand and evaluate the financial performance of a company and thus I would be more able to take financial decisions with proper understanding of all the parameters that could affect my decision-making. Bibliography Cole, J.B., 2017.Good Naked: Reflections on How to Write More, Write Better, and Be Happier. University Press of New England. Boud, D., Keogh, R. and Walker, D., 2013.Reflection: Turning experience into learning. Routledge.

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