BSBFIM601: Manage Finance - Accounting & Finance Assignment Help

Assignment Task:

Assessment Task : Project

Required documents and equipment:
-Bounce fitness plan, polices and procedures
o Bounce Fitness / Introduction
o Infrastructure tab / Business Plan
o Infrastructure tab / Business Objectives and Key Performance Indicator and the Business Plan
o Policies tab / Financial Policy and Budget Policy
o Performance tab / Head Office Cairns / HO Financial Reports / 20XX Projected Budget Head Office and Profit and Loss – Head Office
o Performance tab / Brisbane / Brisbane Financial / 20XX Projected Budget for Brisbane Centre and Profit and Loss – Brisbane
o Performance tab / Cairns / Cairns Financial / 20XX Projected Budget for Cairns Centre and Profit and Loss – Cairns
o Performance tab / Melbourne / Melbourne Financial / 20XX Projected Budget for Melbourne Centre and Pofit and Loss – Melbourne
o Performance tab / Sydney / Sydney Financial / 20XX Projected Budget for Sydney Centre and Profit and Loss – Sydney
o Documents tab / Finance / The Centre Manager’s Budget Checklist
o Procedures tab / Administrative Procedures / Style Guide You may need to conduct further research.

Project
Task : Review Budgets
This assessment requires plan for financial management. Access the Bounce Fitness website to print and use the financial documents of the organisation. On your own paper using appropriate report formats (see Bounce Fitness Style Guide), and using the reports you have accessed:
a) Review the financial data including profit and loss statements, cash flows and ageing summaries, comment on areas that have generated a profit or loss and suggest reasons why this could have occurred.
b) Review the Financial and Budget Policy and the Business Plan, Objectives and Key Performance Indicators and discuss whether the goals of these documents are being met.
c) Review the Business Plan of Bounce Fitness and determine the critical dates and initiatives that will require or generate resources in the next financial cycle.
d) Review the statutory requirements of the Australian Taxation Office and discuss whether they are being met efficiently. Make recommendations if appropriate.

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