Highlights
TASK:
This assessment requires you to demonstrate your understanding of the principles of business as it pertains to its operations and accounting. Choose a small to medium-sized business for this assessment. Write a report, in MS Word format, stating your findings. Use the following as a guide to your report.
You may choose any type of business, e.g. a service-based or product-based organisation.
Your report should cover the following:
Introduction
Briefly introduce the nature, objectives and purpose of the business. Include information such as organisation structure, product detail, etc. (200 words)
Body (800 words)
Identify principles of operations and accounting that the business follows. You may need to research a variety of business principles relating to your chosen business and/or the sector it is in or the type of business e.g. service-based or product-based. Explain your choices.
Demonstrate how principles of operations and accounting are managed and controlled accounting for this business. For each of the principles you have identified above, explain for your chosen business how they are applied, managed/controlled.
Identify the pros and cons of operation or accounting business practices as they pertain to your chosen business.
Summary (100 words)
Your report should have the following structure:
Title page
Introduction
Body of Report (subheadings of your choice)
Summary
References
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