...Darlinghurst Preliminary Business Studies Assessment Task 3 Notification SCEGGS Darlinghurst Preliminary Business Studies Assessment Task 3 Notification BUSINESS STUDIES PRELIMINARY ASSESSMENT TASK Assessment Task 3 Notification Assessment Task 3: A BUSINESS REPORT Date Issued: Wednesday 6th May, 2013. Subject: Preliminary Business Studies, Topics: 1-3 Title of Task: Business Report on an SME Weighting: 30% Due Date: Part 1 - This should be presented to your teacher by Friday 17th May (Wk 3). It may be presented as either one page of notes or a one page mind map. Part 2 - Tuesday 11 June 2013 (in your lesson), 2013 Term 2, Week 7 (PF- P4, MW-P3) Component: Inquiry & research, Communication of business information, ideas & issues in appropriate forms, Knowledge and understanding of course content Outcomes: P1 discusses the nature of the business, its role in society and its legal structure P2 explains internal and external influences on business P3 describes factors contributing to the success or failure of small to medium business enterprises P4 assesses the processes and interdependence of key business functions P6 analyses the responsibilities of business to internal and external stakeholders P7 plans and conducts investigations into contemporary business issues P8 evaluates information for actual business situations ...
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...M3-Assignment 2: LASA 1—Preliminary Strategy Audit https://homeworklance.com/downloads/m3-assignment-2-lasa-1-preliminary-strategy-audit/ M3-Assignment 2: LASA 1—Preliminary Strategy Audit The end result of this course is developing a strategy audit. In this module, you will outline and draft a preliminary framework for your final product. This provides you with the opportunity to get feedback before a final submission. In Module 1, you reviewed the instructions for the capstone strategy audit assignment and grading rubric due in Module 5. By now, you have completed the following steps: • Identified the organization for your report • Interviewed at least one key mid-level or senior-level manager • Created a market position analysis • Conducted an external environmental scan in preparation of your final report and presentation In this assignment, you will generate a preliminary strategy audit in preparation for your final course project. Prepare a report that includes the following: • In preparation for your course project, prepare the preliminary strategy audit using the tools and framework you have focused on so far including the following: o Analysis of the company value proposition, market position, and competitive advantage o External environmental scan/five forces analysis • Identify the most important (5-7) strategic issues facing the organization or business unit. o You may modify the strategic issues in your final report based on the additional analysis...
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...al, 2009). However, IASB and FASB try to develop a new conceptual framework recently. The project's objective is tried to create a new sound foundation for future accounting standards that are principles-based, internally consistent and also internationally converged. This assignment is about if Australia accepted the financial reporting that proposed in ITC 17, will it affect AASB and is there any inconsistency with the AASB? Discussion As mentioned earlier, in accounting, the separate entity concept treats a business as separate from its owners. In other words, the business is separate with the owners as economic unit (Financial Accounting Series, 2008). It is important for business has separate transactions with the owner’s personal transactions. Under SAC 1 Definition of the reporting entity is ‘general purpose financial report" means a financial report intended to meet the information needs common to users who are unable to command the preparation of reports tailored so as to satisfy, specifically, all of their information needs (Board, 2008) .’ Both IASB and FASB published documents that seek public comment on two of the eight phases of their joint project to develop an improved conceptual framework (Financial Accounting Series, 2008). The first and second documents is an exposure draft of chapters 1 and 2 of the framework and it about how to improved the financial reporting and qualitative characteristics and at the same time the constraints on the provision of that...
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...BUSINESS 111 Non-BBA NEW VENTURE PROJECT Introduction The New Venture Project will test your group’s ability to: perform independent research and write a formal business report, make a formal presentation of your findings, and manage the time and skills of your group members. The objective of this assignment is to persuade your audience/potential investors that you have identified an opportunity that fills an important gap in the market. You are asked to identify an idea for a new venture and conduct an environmental analysis (PEST, Five Forces, size of market) to prove that your idea is worth funding. Essentially, you are answering two questions: What is your idea and why does it represent a worthwhile opportunity in the business environment? This project is worth 20 marks of your BU111 final grade and consists of three components: • 4 marks for the New Venture Preliminary Report (hard copy due BEFORE Friday, October 12th at 12 noon; turnitin and peer evaluations due BEFORE Friday, October 12th at 12 midnight • 10 marks for the Final Report (hard copy due BEFORE Friday, November 16th at 12 noon and turnitin and peer evaluations BEFORE Friday, November 16th at 12 midnight) • 6 marks for the New Venture Presentations (done in Labs #10 or #11 as assigned by TA – peer evaluations due BEFORE Wednesday, December 5th at 12 midnight) Details on what is required and how to complete and submit each of the above components are provided below...
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... | | |b. insignificant. | | |c. significant. | | |d. relevant. | | | | |2. |The preliminary judgment about materiality is the amount by which the auditor believes the statements could be misstated and | | |still not affect the decisions of reasonable users. | | |a. minimum | | |b. maximum | | |c. mean average...
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...New South Wales Auditor-General’s Report | Performance Audit | WestConnex: Assurance to the Government Professional people with purpose Making the people of New South Wales proud of the work we do. Level 15, 1 Margaret Street Sydney NSW 2000 Australia t +61 2 9275 7100 f +61 2 9275 7200 e mail@audit.nsw.gov.au office hours 8.30 am–5.00 pm 247 audit.nsw.gov.au New South Wales Auditor-General’s Report Performance Audit WestConnex: Assurance to the Government Roads and Maritime Services WestConnex Delivery Authority Infrastructure NSW Transport for NSW NSW Treasury Department of Premier and Cabinet The role of the Auditor-General GPO Box 12 Sydney NSW 2001 The roles and responsibilities of the AuditorGeneral, and hence the Audit Office, are set out in the Public Finance and Audit Act 1983. Our major responsibility is to conduct financial or ‘attest’ audits of State public sector agencies’ financial statements. We also audit the Total State Sector Accounts, a consolidation of all agencies’ accounts. Financial audits are designed to add credibility to financial statements, enhancing their value to end-users. Also, the existence of such audits provides a constant stimulus to agencies to ensure sound financial management. Following a financial audit the Audit Office issues a variety of reports to agencies and reports periodically to parliament. In combination these reports give opinions on the truth and fairness of financial statements...
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...Integrating Business Intelligence with the Enterprise Course Overview This course will look at the problems enterprises face with regard to i) The integration of business intelligence (‘BI’) software with other enterprise information systems, ii) The significance of a data model in BI and iii) The bottlenecks that prevent easy production and dissemination of BI. We will be using, as an example, the BI features of Microsoft SQL Server 2005, namely SQL Server Analysis Services and SQL Server Reporting Services. However, it is not necessary for you to acquaint yourselves with either of these: the course will stress general principles and will merely use the software products as illustrative examples. I shall be concentrating on two substantive areas of BI, namely On-Line Analytical Processing (‘OLAP’) and ad hoc Reporting. I have chosen to use OLAP in order to illustrate what happens when the data source is more complex than the simple tabular structures of relational databases. I have chosen ad hoc Reporting because it is hugely important in industry and commerce and is very costly and time-consuming for many enterprises. When OLAP is used in conjunction with ad hoc Reporting, the result is known as “Dimensional Reporting”. The BI reports that are made possible by this approach go beyond the simple tabular reports associated with traditional database systems. The course will emphasise the importance of design in BI. However, we shall not...
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...Summary: A Business Report is an objective and presentation of information in order to achieve some purpose. It is a basic management tool used in decision making. Report may be classified in different ways. Like on the basis of formalities, On the basis of function, On the basis of frequency of issue etc. The basic objective of the report is to know the salient features of writing report & how the formal reports are important in Business Communication. Business report has no single correct answer but several solutions, each with their own costs and benefits to an organization. Report may be targeted to readers inside or outside the organization. In formal reports we have three parts. Two is Preliminary parts & Report body & the other one is Supplementary parts. With introduction parts the reader can get the assignment main topic & also helps the reader’s follows & understands information. It is an important parts of a formal business report. Supplementary parts view the readers where he found the details of the topic. In formal report readers have the clear facts views. Accuracy of facts, precision, Brevity, Clarity etc are the characteristics of business report. Often reports are structured in a way that reflects the information finding process and the writing up of the findings that is, summary of the contents, introduction or background, methods, results, discussion, conclusion and/or recommendations. The inclusion of recommendations is one reason why reports are a common...
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...1 Session 4 Audit Planning; Materiality and the audit risk model Auditing: Principles and Methods 2 After studying this session you should be able to: 1. Discuss why adequate audit planning is essential 2. Make client acceptance decisions and perform initial audit planning 3. Gain an understanding of the client’s business and industry 4. Assess client business risk 5. Perform preliminary analytical procedures 6. Apply the concept of materiality to the audit 7. Define risk in auditing and the audit risk model Auditing: Principles and Methods 3 8. Consider the impact of engagement risk on acceptable audit risk 9. Discuss the relationship of risks to audit evidence 10. Answer the Review Questions Auditing: Principles and Methods 1. Audit Planning 4 Why is adequate audit planning essential? “The auditor must adequately plan the work and must properly supervise any assistants”. There are three main reasons why the auditor should properly plan engagements: to enable himself to obtain sufficient appropriate evidence, to keep audit cost reasonable and to avoid misunderstanding with the client. Auditing: Principles and Methods 1. Audit Planning 5 An important part of audit planning is assessing acceptable audit risk and inherent risk because it helps determine the amount of evidence that will need to be accumulated and staff assigned to the engagement. Acceptable audit risk is a measure of how willing the auditor is to accept that the FSs...
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...Binding | Stapled/Comb binding | Mapping of assignment learning outcomes to subject learning outcomes: Assignment’s Learning OutcomesUpon completion of this assignment, students should be able to: | Subject Learning OutcomesUpon completion of this subject, students should be able to: | 1 | Structure LP problems using the transportation model | LO2 | Diagnose the business decision making problems and formulate as a mathematical problems | 2. | Use Excel Spread sheets to solve Linear Programming Problem | LO3 | Apply appropriate tools for problem solving | 3. | Perform Monte Carlo Simulation Using QM for Window software or Excel Spread Sheets. | | | Assessment rubrics Score | Description | 80% - 100% | * Demonstrate complete understanding of the problem * Original contribution * All requirements are included. * Report is well organised, with proper formatting and preliminary pages | 60% - 79% | * Demonstrate sufficient understanding of the problem * Original contribution * All requirements are included. * Report is well organised, with proper formatting and preliminary pages * | 40% - 59% | * Demonstrate partial understanding of the problem. * Some original contributions * Most requirements are...
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...Questions for Midterm Exam 1) A measure of how willing the auditor is to accept that the financial statements may be materially misstated after the audit is completed and an unqualified opinion has been issued is the: A) inherent risk. B) acceptable audit risk. C) statistical risk. D) financial risk. Answer: B 1) بمقياس لمدى رغبة مراجع الحسابات أن تقبل أن البيانات المالية قد يمكنه ماديا بعد اكتمال عملية المراجعة وقد تم إصدار رأي غير متحفظ: A) المخاطر الكامنة. ب) مخاطر المراجعة مقبولة. ج) خطر الإحصائية. د) خطر المالية. جواب: ب 2) A measure of the auditor's assessment of the likelihood that there are material misstatements in an account before considering the effectiveness of the client's internal control is called: A) control risk. B) acceptable audit risk. C) statistical risk. D) inherent risk. Answer: D بمقياس 2) لتقييم مراجع الحسابات لاحتمال أن هناك الأخطاء المادية في حساب قبل النظر في فعالية الرقابة الداخلية للعميل ويسمى: A) التحكم في المخاطر. ب) مخاطر المراجعة مقبولة. ج) خطر الإحصائية. مد) المخاطر الملازمة. جواب: D 3) When inherent risk is high, there will need to be: عند عالية المخاطر الكامنة، هناك حاجة إلى أن تكون: A) |A lower assessment of audit risk |More evidence accumulated by the auditor | |إجراء تقييم أقل من مخاطر المراجعة |المزيد من الأدلة المتراكمة لدى المراجع | |Yes |Yes...
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...and its risk profile. Directions Your Assignment is to select a publicly-held company and to analyze its capital structure, applying the theories and principles found in Chapter 15 of the text. The structure of your research paper should include: • A preview of capital structure issues • Business and financial risks related to capital structure • Modigliani and Miller’s [MM] capital-structure theory • Criticisms of the MM model and assumptions • Capital structure evidence and implications • Estimating the firm’s optimal capital structure A firm’s optimal capital-structure is that mix of debt and equity that maximizes the stock price. At any point in time, management has a specific target capital structure in mind, presumably the optimal one, though this target may change over time. For example, financial management may choose a 50% equity financing [stock] and 50% debt [bond] financing. Several factors influence a firms’ capital structure, including: • Business risk • Tax position • The need for financial flexibility • Managerial conservativeness • Growth opportunities Business risk is the riskiness inherent in the firm’s operations if it uses no debt. This report is intended to be a capital structure analysis of your selected public company. Your paper is intended to be an executive summary of your analysis, and is limited to a minimum of 5 – 7 pages of text, excluding the title page, table of contents, graphs,...
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...Section 2 Submitted to: Ato Mengistu Bogale August 2015 1. Introduction The word budget means the financial plan of business enterprise for the period of specific period. Predicting financial results of organization. Budget is a quantity of plan of action and aid to the coordination and implementation of plan. A budget system builds on historical or actual performance. Moreover, budget is the most widely used method to control resources of profit making and nonprofit making organizations. Preparation of annual budget is mandatory for all organizations because of its unique feature in controlling financial resources of any entities because of its unique feature in controlling financial resources of any organization. It is one of the most of important financial reports produces by the organizations. Budgeting is concerned with implementation of the approved program within long range of plan. The budget translates the long range plan in to annual operating plan. The annual budgeting process lead to the refinement of those plans. Since managers must produce detailed plans for implementation of the long range plan. Generally nowadays most or every organizations are requiring budgeting. It should be available to management tools, but its goes beyond that. The budget express qualitatively and in detail, what the organization or the business plans to do next and what result it expected. It states how available resources will be needed. It communicates where emphasis...
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...Dear Friend, I am writing to answer your questions. The failure to Mirandize you will not result in dismissal of your case. The police are not required to Mirandize you until before you are interrogated. Once you were taken into custody and before you are questioned they must provide you with the Miranda warnings. In order to have your case dismissed on the grounds of failure to Mirandize, the court would have to find that your Miranda rights were violated. Any evidence obtained from your statements without being Mirandized could be suppressed. Once you have been Mirandized any statements you make will and can be used against you. You should not engage in any conversations with the police without legal representation. Any statements you may have made prior to the Miranda rights being given to you can be used in court. Legal representations will ensure that you are not answering questions that may hurt your case. I did some research on your particular case. In that research I uncovered several similar instances. One such instance involved a homeless single mother named Tanya McDowell. Tanya was arrested for registering her son using her babysitters address. Tanya was charged with first degree larceny and conspiracy to commit first degree larceny. She is facing up to 20 years in prison along with a $15,000 fine to repay educating costs (Khalek, 2011). Tanya McDowell was sentenced to 12 years in prison but the judge suspended 7 years of the sentence. She will serve five years...
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...Tangible assets: Assets which t have physical existence or which are touchable. Ex: Plant and machinery, buildings, furniture etc. Intangible assets: Assets which don’t have physical existence or which are not touchable. Ex: Goodwill, Patents, etc. Share warrants: (Page 74 of Tata steel annual report) A warrant gives the holder the right but not the obligation to buy an underlying security at a certain price, a specified quantity at predetermined future time. A share warrant cannot be issued by a private company. A share warrant can be issued only by public limited companies. The holder of the share warrant is entitled to receive dividend as decided by the company. Hybrid perpetual securities: The unique features of these securities are that they are perpetual in nature, with no maturity or redemption, and are callable only at the option of the Company thereby incorporating equity characteristics. (Page 154 and 128 of Tata steel annual report) Bonus issue: Capitalisation of reserves. It involves transfer of reserves and surplus to share capital account. It doesn’t involve cash inflows to the company. The number of shares outstanding increases. There is no change in the wealth of the shareholders effectively. Rights issue: It involves issue of shares to the existing shareholders. It involves cash inflows to the company. Number of shares outstanding also increases. Deferred tax liabilities/assets: (page 156, 179, 192 and 212) Deferred tax liability arises when the tax on...
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