The RAP topic 8 – Analysis and evaluation of the business and financial performance of an organization over a three year period – is the most preferred topic out of all the given 20 topics. The popularity of this particular topic is mostly down to the ease of information accessibility. The material to prepare a report on the chosen business is readily assessable on varying sources like business & academic journals, online publications, and different industry analysis reports.
After deciding upon a certain company, you are required to start out by dividing the RAP in three parts. In the first part students develop the objective of their projects and establish research methodologies. While in the second part, the focus shifts to determining and explaining different accounting techniques, business models, and information gathering mechanisms. Lastly, in the third part of the project, also considered one of the most important part, you are required to conclude everything by providing analysis results and recommendations.
How to select the companies?
The whole success of the RAP is dependent on the appropriate selection of the topic and company. For the Topic 8, the OBU allows only specific sectors from where a student must select his/her project’s company. Before finalizing any company under the given sectors, make sure that all the necessary information from primary as well as secondary sources is available in abundance. Another factor to determine beforehand is the detailed understanding of company’s general operations, particularly company’s business and financial performance.
How to link the financial analysis with business analysis? What should be the word count for each part?
As discussed above, the whole project is categorized in three parts. Each has its own guideline and word count. The first is comprised of 1,000 words while the second part has 2,000 words. The third and last part requires 4,500 words, and it is also where you link your financial analysis with business analysis. In this segment you carry out an in-depth assessment of company’s financial and business health in order to obtain a clear picture to propose financial forecast.