Download the latest Annual Report from the Tesco company’s website and attach with this answer only the relevant pages of the Financial Statements used for the calculation of Accounting Ratios. Mention one item from the Auditors’ Report that you think is important to the Shareholders of the company and the one item from the Directors’ Report that is important to the Shareholders of the company.

SOMEONE ASKED 👇

Download the latest Annual Report from the Tesco company’s website and attach with this answer only the relevant pages of the Financial Statements used for the calculation of Accounting Ratios. Mention one item from the Auditors’ Report that you think is important to the Shareholders of the company and the one item from the Directors’ Report that is important to the Shareholders of the company.

HERE THE ANSWERS 👇

The relevant pages of the Financial Statements used to calculate Accounting Ratios of the most recent Annual Report from the Tesco company website:

Figure 1: Group Income Statement Figure 2: Cash Flow Statement Figure 3: Group Balance Sheet

To review the system of Corporate Governance, it agreed to abide by the recommendations of the listing rules and nine provisions of the listing.

As many large companies were excluded due to the large remuneration of the directors, Tesco decided to implement the provision of the Companies Act 2006, and stated that the Directors are responsible for keeping proper accounting records. It is important for the Shareholders as Tesco would not be insolvent or suffer any losses for fraudulent purposes or reward issues.

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