Accounting for Decision Makers
KT partners, a Hong Kong-based small private equity firm, are considering investing in JL Foods plc. However, in light of recent global socio-political developments, the firm is concerned about the investment's suitability and has solicited your services as an advisor. Your opinion needs to be provided in the form of a report, limited to 1000 words, and addressed to Ben Burns, the CEO of KT partners. It should analyze the above financial statements using the various ratios introduced in the module and other necessary research. The proportions need to be presented as a table, as part of the appendices and do not count toward the word limit. (60 marks) Your colleague is very dismissive of your analysis and argues that profits/losses are nothing more than the construction of an accountant. They are based on what the accountant can and chooses to measure and should not, therefore, be the basis for judging a company. Write a note in no more than 500 words critically evaluating th