ACC6010 : Accounting Concepts and Principles - MYOB Assignment 

Internal Code - MAS1750

MYOB Assignment

Report writing After completing all the transactions detailed in the MYOB practice set up to Period 4, students are required to prepare a detailed report on the financial performance of e-Generation as a GROUP. The report should be written as though you are an accountant preparing the monthly financial reports for the sole trader of e-Generation. The owner is concerned about good business operations such as improving profitability and the market share, paying the bills on time, making sure the debtors pay in a timely manner, as well as managing the tax obligations and inventory. Students should refer to analytical techniques to assess the profitability, liquidity, performance and financial position of the business using available accounting information after completing accounting transactions in the practice set. When preparing the report, students should take into consideration the nature of the business and identify what the business has done well as well as what could be improved. After a detailed analysis of the financial statements of e-Generation, students should include in their report to the sole trader feasible recommendations that could help the business improve the business operations. Details relating to the proposed recommendations should be included in the report.