Business strategy and accounting policies of GlaxoSmithKline (GSK)

Essay from the year 2021 in the subject Business economics - Investment and Finance, grade: 1,3, University of Bamberg, language: English, abstract: 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.