Business strategy and accounting policies of GlaxoSmithKline (GSK)

Essay , 2021 , 13 Pages , Grade: 1,3

Business economics - Investment and Finance

In order to analyse and interpret the business strategy and the resulting accounting policy choices and disclosures, this paper examines the macroeconomic environment as well as the industrial and firm level of GlaxoSmithKline during the accounting period 2019. Therefore, property, plant and equipment (PPE), intangible assets, business combinations, impairments as well as inventories are considered in more detail. In conclusion, the accounting and disclosure methods are evaluated with regard to their requirements and completeness.

Inhalt

OUTLINE

LIST OF ABBREVIATION

1 BACKGROUND
1.1 Major events occurred at macroeconomic level
1.2 Major events occurred at industry level
1.3 Major events occurred at firm level
1.4 Expectations

2 ANALYSIS OF GSK ACCOUNTING POLICY CHOICE AND DISCLOSURE COMPLIANCE 5
2.1 Property, Plant and Equipment -IAS 16
2.2 Intangible Assets - IAS 38
2.3 Impairments - IAS 36
2.4 Inventories - IAS 2
2.5 Business Combinations - IFRS 3

3 CONCLUSION

BIBLIOGRAPHY

• College: University of Bamberg
• Grade: 1,3
• Year: 2021
• Pages: 13
• Catalog Number: V1137472
• ISBN (eBook): 9783346511263
• ISBN (Book): 9783346511270
• Language: English
• Tags: GSK, GlaxoSmithKline, AIFR