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ACC1AIS Accounting and Information Systems

Question

Answered

Task:

Task Overview

The company for which you will be working in this assignment distributes, sell and repairs bicycles. You will be recording transactions for the month of September 2020.

The assignment containsfive separate sections, one for each accounting period during month of September. You should work through these sections sequentially. Once you have completed all the transactions you should prepare the requirementslisted on page 12. Finally, you are required to submit your assignment files and reports via the assignment submission box on LMS.  

Written report – Recommendations 

you are required to provide two recommendations for the business moving forward and include supporting evidence through analysis to justify your recommendations. You are required to be creative and think about both financial and non-financial factors e.g., you can discuss media reports, current global financial climates, international demand, expansions or contractions of departments/product lines, internal factors, risk and liability etc.

Written report – Visualisation 

Provide four (4) graphs that visually illustrate the company’s overall financial situation, performance, and inventory management. Include a description for each graph that describes the results or trends. You are required to provide meaningful, effective, easy to read, and well-formatted graphs for use in managerial decision making. To draw graphs, you are required to use the MS Excel skills you gained in this subject. Do not use the ready-to-use graphs provided in Xero

Written report - Format

You are required to write your report according to the business report format. The following link, taken from Business School of Victoria University of Wellington, New Zealand, should assist you with writing a business report according to the business report format.

ACC1AIS Accounting and Information Systems

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