Task 5: Support for Decision Making Discuss how YourVent will require and use basic costing information to assist with decision making. Give Illustrative examples relevant to YourVent and its goals as you have previously described.

The assignment comprises 6 (SIX) tasks. You must respond to all tasks.

Task 1: Overview

Identify and describe your chosen organisation (YourOrg) in one paragraph of no more than 100 words. Then summarise the new venture you have conceived (YourVent) in a second paragraph of no more than 100 words. The latter should briefly explain the type of organisation, its aims, products, services, and operations.

NOTE: these two paragraphs will not receive any marks and do not count against the word quota for the assignment.

Are You Looking for Assignment Help Edinburgh for the Best Academic Grade? Connect Now!

Task 2: Understand How Business Organisations are Financed

Use the financial information for YourOrg to analyse how long-term and short-term finance has been used and invested within the organisation. Critically evaluate how finance has been managed to attain the goals of the organisation.

Task 3: Assessing Financial Performance

Critically evaluate, in summary form, the performance of YourOrg over the last five years in financial and non-financial terms.

You should include, in the appendices, analysis of the performance of YourOrg from the published ratios for the last five years, within the notes to the published accounts of YourOrg. And, using the organisation’s balanced scorecard or similar published data within the annual reports, assess the success or otherwise of the organisation in addressing the needs of customers, employees, the environment and ethical concerns.

Task 4: Performance of YourVent

It has been decided that YourVent should have an initial funding of $100,000. The person proposing setting up the organisation is wealthy and could provide the capital and/or guarantee any loans to be obtained. And others interested in YourVent also have substantial funds available.

Summarise the goals of YourVent and decide what type of organisation it should be (e..g. sole trader, partnership, charity, etc) and what its capital structure should be.

Briefly explain the financial transactions that YourVent will need to undertake in its first month of operations and decide how its performance should be measured in financial and non-financial terms, setting out the basic principles you regard as Indicators of its success. Make reference to the financial statements and notes you Include in the appendices as detailed in the following paragraph.

In the appendices, forecast how you imagine its income statement and statement of financial position should look and include notes describing TWO (2) accounting policies and principles that it would be appropriate to follow, using this to help illustrate your explanation in the paragraph above.

Task 5: Support for Decision Making

Discuss how YourVent will require and use basic costing information to assist with decision making. Give Illustrative examples relevant to YourVent and its goals as you have previously described.

Explain the financial information that YourVent would need to provide to external users of financial accounts as compared with YourOrg.

Checkout Also: TAX37W0 Taxation Assignment Task Solutions for Students

Task 6: Management Accounting for Business Decisions

Assess the potential uses of TWO of the following techniques to YourVent and illustrate how the two you have selected, which should be different from techniques addressed In answering Task 5, could be used to assist in decisions within the organisation:

Absorption costingMarginal costingActivity Based costingBreak-even analysisBudgetingCapital Investment appraisal

Explain both of the two techniques and evaluate the usefulness or otherwise of each and provide reasoned recommendations for the adoption of one of the techniques. Illustrate, with an example, how the technique recommended could be employed in an organisation of the type and size of YourVent to meet its goals.

Essay Writing Service | Write My Essay Service by EssayLink
Calculate your paper price
Pages (550 words)
Approximate price: -

Why Work with Us

Top Quality and Well-Researched Papers

We always make sure that writers follow all your instructions precisely. You can choose your academic level: high school, college/university or professional, and we will assign a writer who has a respective degree.

Professional and Experienced Academic Writers

We have a team of professional writers with experience in academic and business writing. Many are native speakers and able to perform any task for which you need help.

Free Unlimited Revisions

If you think we missed something, send your order for a free revision. You have 10 days to submit the order for review after you have received the final document. You can do this yourself after logging into your personal account or by contacting our support.

Prompt Delivery and 100% Money-Back-Guarantee

All papers are always delivered on time. In case we need more time to master your paper, we may contact you regarding the deadline extension. In case you cannot provide us with more time, a 100% refund is guaranteed.

Original & Confidential

We use several writing tools checks to ensure that all documents you receive are free from plagiarism. Our editors carefully review all quotations in the text. We also promise maximum confidentiality in all of our services.

24/7 Customer Support

Our support agents are available 24 hours a day 7 days a week and committed to providing you with the best customer experience. Get in touch whenever you need any assistance.

Try it now!

Calculate the price of your order

Total price:
$0.00

How it works?

Follow these simple steps to get your paper done

Place your order

Fill in the order form and provide all details of your assignment.

Proceed with the payment

Choose the payment system that suits you most.

Receive the final file

Once your paper is ready, we will email it to you.

Our Services

No need to work on your paper at night. Sleep tight, we will cover your back. We offer all kinds of writing services.

Essays

Essay Writing Service

No matter what kind of academic paper you need and how urgent you need it, you are welcome to choose your academic level and the type of your paper at an affordable price. We take care of all your paper needs and give a 24/7 customer care support system.

Admissions

Admission Essays & Business Writing Help

An admission essay is an essay or other written statement by a candidate, often a potential student enrolling in a college, university, or graduate school. You can be rest assurred that through our service we will write the best admission essay for you.

Reviews

Editing Support

Our academic writers and editors make the necessary changes to your paper so that it is polished. We also format your document by correctly quoting the sources and creating reference lists in the formats APA, Harvard, MLA, Chicago / Turabian.

Reviews

Revision Support

If you think your paper could be improved, you can request a review. In this case, your paper will be checked by the writer or assigned to an editor. You can use this option as many times as you see fit. This is free because we want you to be completely satisfied with the service offered.

Get Professional Essay Writing Service @25% OFF

X
WeCreativez WhatsApp Support
Our customer support team is here to answer your questions. Ask us anything!
? Hi, how can I help?