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Analyze the financial position and performance of JB Hi-Fi, and compare it to their performance

In ACC101 we have been examining the financial accounts of JB Hi-Fi (mostly for 2012). You are now requested to obtain the JB Hi-Fi Statements up to 30 June 2016, and analyse the financial position and performance of JB Hi-Fi, and compare it to their performance in recent years. Required: Include in your individual analysis: • An explanation of your understanding of the purpose of financial accounting statements, • An evaluation of the accounting practices used to produce the JB Hi-Fi annual report, • An analysis of the annual report using financial ratio tools, and • Your opinion on the future for JB Hi-Fi.

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