Now what girl wouldn’t want a set of these pealers !! (no pun intended)

Now coming into this unit as it is my second attempt, I am very nervous to prove to everyone and myself that I can do it. Many may look at this assessment and think there isn’t much work involved, however it’s the finer details that take the time. Like for me the area that takes time is finding the right background information and doing a very in-depth look into the annual reports. Anyway, let’s not waste any-more time.

The company I was given this time around is Atlas Pearls, a pealing/oyster company based above Australia in the Indonesian Islands. Atlas Pearl dates to 1993, however the company wasn’t well known until 1998 when a small team of pioneers relocate the farming infrastructure and oysters to Raja Ampat, West Papua. After 25 years of operation Atlas Pearls employs more than 900 employees and are very proud of their diversity in culture, language and religion which is led by a very passionate team.

As Atlas Pearls harvesters pearls and oysters the company is defined between two industries, consumer products as well as agricultural producers. With Atlas Pearls being defined in two industries there are many challenges and opportunities that apposed the company. At present Atlas Pearls as an agricultural business faces some environmental upsets. It has been noted by many researches keeping a sustainable industry is key to continuing operation. Australian Pearler Micheal Bracher who oversees the operations at Paspaley’s Creation says without sustainability the pearl industry will be nonviable. It has also been reported that other environmental challenges include climate change, overfishing and unregulated coastal developments. However, though a consumer industry point of view there is much growth in the global pearl industry which has the following contributing factors: influence of celebrities, the changing consumer perception, the growth in casual office environments and the growth of computer aided technology.

However, focusing back on Atlas Pearls operations over the last few years shows a 5-year decline, with an 88% profit drop and only a 14% overall profit increase to counter. As you would be able to imagine Atlas Pearls in currently not profitable with a revenue growth of only 1.9% per year over the last 5 years. Investors have totalled a loss of 47% towards their market gain of approximately 20%.

By now I’m ready for a nap yet I must keep typing who knew. Below are my attachments of KCQ’s on Atlas Pearls annual reports, step 4 and step 5.

With only very little weeks left I begin to think of what is left to do. Not only with this unit but my others. What assessments there are, any exam to be done, any quiz’s left to do and I think way this uni bis is like a full time job. A full time job with weekends breaks. So i better get back to it and I wish everyone good luck. There are many late nights in my near future.

See you all on the other side.

So being a student that just finished high school, I have already had much experience with Income Statements and Balance Sheets and well I rolled with that knowledge. It was like second nature, I was quietly proud of myself. But nothings is that easy, the Statements of Movements in Equity I had no clue, no understanding and nothing was coming to mind.

After finally finding the reports on the ASX (also pretty clue to be a the website looking around at everything) I started driving through the 59 pages of information and got some small understanding of the Statements of Movements in Equity. It’s true what they say, you really do learn something new everyday.

I would like to say thank you to everyone that helped me through step 3, I am in for a late night or early morning haven’t decide yet.

So goodnight and good luck to everyone.
Cheers,
Amelia 🙂

So its the end of week 4, and being a uni student there is always the one who is running behind schedule trying to finishing everything last minute, doing the 2am cram sessions. But you know what that’s me and I’m fine with that, for the fact the life is life and I have the drive to finish what I start. So here I am finishing what I started, Step 3 here we are.

By you can tell now my company I got was JCurve Solutions, a company based in Australia and listed on the Australian Stock Exchange. They utilise power of the cloud to help customers making lasting, substantial improvements to their performance and growth into great businesses.We are a cloud provider formed to empower business growth and profitability through different business software products that are more effective to manage costs, reduce business inefficiencies and improve their bottom line.

JCurve Solutions has two ironically enough solutions that they provide. 1st off we have the ‘cloud ERP solutions’ and 2nd off we have ‘TEMS solutions’. Cloud ERP solutions, also known as Enterprise Resource Planning which is designed for companies who have outgrown their accounting systems, and provides one system for all core business needs. Anywhere from accounting, warehousing, inventory, CRM, sales, marketing and eCommerce and much more. Then we have TEMS solutions as identified as Telecom Expense Management Solutions, which managers your voice and data over both fixed and mobile services helping to control and reduce costs. Leading to maximise savings on telecommunications expenditure within their company.

Now being a woman in the business world I have always been about learning new things, joining new pathways and is my main reason for doing this adventure of a four year university course to see what I am really capable of. Which make me see why a business can be so invested in their ideas and growth for their employees and their customers.

By now we can all see what this business is about, why they do what they do and how they want to achieve their goals. So with this I am moving onto my financial reports, and investigating the business of JCurve Solutions.

Cheers for now,
Amelia Horrocks

So we are Monday of week 4 and I’m stressed. I have been feeling so nervous that nothing is going to get done and that everything will fall apart. But I’m happy to report I think I’m doing well and getting through it bit by bit. I know I’m not the only one going through this right now. Four weeks down, and not many left to go. I’m already counting the weeks down.

Hope everyone is doing well, enjoy your studying.

Hi all

Thanks for joining my blog page this is my first time doing something like this. Over the next four years I will be completing university, and you all will get an inside look into the life of a distance ed student. That right doing uni full stop is hard enough let alone doing it via distance ed in a rural Queensland town. So lets do it, see you all on the other side.

Thanks yours truly

Amelia Horrocks

Thanks for joining me!

Good company in a journey makes the way seem shorter. — Izaak Walton