In addition to strength and structure of essay, marks were awarded for:
- Selection of appropriate ratios
- Horizontal and vertical analysis over 5 years
- Comparison of information in the balance sheet and income statement and cash flow
- Accuracy of calculation
- Discussion of profitability
- Discussion of efficiency
- Discussion of liquidity
- Discussion of solvency
- Discussion of changes in business risk
- Discussion of limitations of financial statements and use of ratios, horizontal and vertical analysis
- Discussion of sectors and markets operating in
- Share price (where relevant), current and historic
- Comparison of key ratios with other comparable companies
- Analysis of Directors statements and comparison with figures
- Comments on audit report
- Comments on key items in notes to the financial statements
- Additional methods of analysis researched