AYB225: Eva and Matt Case Study - E&M Event Solutions - Accounting Assignment Help

Assignment Task:

Knowledge and Technological Skills (KS)

1.2 Apply technical and technological skills appropriate and effective for real world business purposes and contexts.

Higher Order Thinking (HO)

2.2 Exercise independent judgment and initiative in adapting and applying knowledge and skills for effective planning, problem solving and decision making in diverse contexts.

Professional Communication (PC)

3.1 Use information literacy skills, and communicate effectively and professionally in written forms and using media appropriate for diverse purposes and contexts.

01 January 2020

Eva and Matt are pleased that you could join their team, and just in time to finalise the budget for 2020. They don’t invest too much time in the budgeting process, although they believe it could add value to their business and are interested to know how their current budgeting process can be improved. They have asked you to complete the 2020 budget using the 2019 actual figures together with some basic budget assumptions they have provided to you. Despite having some busier months around the middle of the year and in the lead up to Christmas, Eva likes to keep the budget simple and asks you to phase the annual budget evenly over the coming 12 months. Eva and Matt have built up a loyal client base in their ten years of operation and are optimistic about the year ahead. They have set a challenging budget for their staff to work towards but are confident they can meet these goals. Eva and Matt are aware of some murmurs about a novel coronavirus overseas, but Australia appears to have escaped any serious spread from the virus and they can’t imagine that there would be any serious impact on their own business.

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