EduQual Diploma in Business and Marketing Management - Assignment Help

Assignment Task:

Task:

Assignment 1: Business Accounting
The three tasks shown below constitute 90% of the overall mark (30% for each task). 10% of the overall marks for the assignment must be given to ‘Structure and Format’.
Assume that you are the Accountant of an organisation of your choice. You have been asked to prepare a report to explain the role of accounting to the managers of other departments. In writing your report, you should make use of the financial data/ statements available for your organisation and address the issues in each of the three Tasks outlined below.

Task 1
Use financial accounting techniques to explain, record and interpret financial data and financial statements. Your response should feature:
 Explanation and interpretation of the main types of financial statement
 Comparison of different formats of financial statements and their appropriateness for different types of business.
Business Accounting: LO 1 (pcs 1.1, 1.2, 1.3)

Task 2
Explain and apply management accounting techniques to classify and calculate costs and prepare budgets for an organisation of your choice. In your response, you should classifydifferent types of cost, use different costing methods for your calculations, and select appropriate budget methods in preparing a budget.
Business Accounting: LO 2 (pcs 2.1, 2.2, 2.3)

Task 3
Use appropriate accounting techniques to support decision-making, including pricing decisions, in a chosen organisation. In so doing, you should analyse budgets, explain calculation of unit costs, use selected investment appraisal techniques and identify the sources of finance available to a business.
Business Accounting: LO 3 (pcs 3.1, 3.2, 3.3, 3.4)

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