I thought they would allow me to work on this project for at least a week. Nope! I received the request and basic information just one night before the report. Although it was not a new thing. We learned the skills at professional programs. This is the first time that I was asked to submit a report based on foreign currencies too.
The boss has a plan to invested in this foreign farm and importer. The partner site has prepared a version of FS in their local practice. I needed to translate this into our general practice here. And calculated the forecasted revenue, assets and EBITA.
Lucky that this was not the first case for my manager. She sent me a previous case study. Based on her previous template. I was able to figure out details bit by bit and filled the numbers. We discussed on the phone to confirm our assumptions of predict market growth rate. Then we submitted the report for review.
When the partner site feedbacked that we did the right thing on most items, it was a big relief. And we worked on the mall changes after that, like reclassifying the custom drawback item as revenue and removing biological inventories revaluation (gain or loss) from EBITA.
It was a great practical experience for me!
