Premium Essay

What ?

In:

Submitted By MinnKhaung
Words 4622
Pages 19
Assignment front sheet
Learner name Assessor name
Thet Htar Swe Zin Daw Khin Nwe Ohn
Date issued Completion date Submitted on
9.09.14 26.10.14 26.10.14
Qualification Unit number and title
Edexcel BTEC Level 4 HNC Diploma in Business Unit-11-Financial Accounting and Reporting
A
Assignment title Financial Accounting and Reporting
In this assessment you will have opportunities to provide evidence against the following criteria.
Indicate the page numbers where the evidence can be found.

Criteria reference To achieve the criteria the evidence must show that the student is able to: Task no. Evidence
1.1 Describe the different users of financial statements and their needs 1 4-5
1.2 Explain the legal and regulatory influences on financial statements 1 6-7
1.3 Assess the implications for users 1 7-8
1.4 Explain how different laws/regulations are dealt with by accounting and reporting standards 1 8-9
4.1 Calculate accounting ratios to assess the performance and position of a business 4 9-10
4.2 Prepare a report incorporation and interpreting accounting ratios,including suitable comparisons 4 11-12
2.1 Prepare a report incorporation and interpreting accounting ratios,including suitable comparisons 2 13-19
2.2 Prepare financial statements from incomplete records 2 24-27
2.3 Prepare a consolidated balance sheet and profit and loss account for a simple group of companies 2 21-23
3.1 Explain how the information needs of different user groups vary 3 20
3.2 Prepare financial statements in a form suitable for publication by a sole trader, partnership and limited company 3 13-19

Learner declaration
I certify that the work submitted for this assignment is my own and research sources are fully acknowledged.

Learner signature: Date: 26.10.14

Unit Contents

No. Particular Page No.
1 the meaning of management and main

Similar Documents

Free Essay

What Is the What

...Hayley Van Pelt English 1022.10 Amy Fladeboe September 26, 2014 The Importance of Setting in “What is the What” The setting of What is the What, a story by Dave Eggers, takes place roughly between the 1980s and 2000s. The first sentence at the beginning of the book, Valentino Achak Deng, the central narrator, says “What is the What is the soulful account of my life…” (Eggers xiii). Describing this book perfectly in one sentence. Valentino was born in southern Sudan in the village of Marial Bai. He fled in the late 1980s during the second Sudanese civil war, when his village was destroyed by murahaleen. Valentino spent nine years in Ethiopian and Kenyan refugee camps where he worked as a social advocate. In 2001 he resettled in Atlanta. This book shows symbolism, mood and a theme of how humans struggle to survive throughout Valentino’s life altering journey from where he came from to where he is now. Valentino stayed in Pinyudo, a refugee camp in Ethiopia, where he learned to read and write for three years. During his time spent in the camp, Valentino also had to do manual labor, farm work and other chores. Valentino was told to go into the forest to gather some kindling one day. The forest is frequently a symbol for death, danger or the unknown. “No one wanted to enter the forest, for in the forest, boys disappeared. The first two who died were well known for having been devoured by lions, and thus hunting in the forest for building materials became a job everyone chose to avoid”...

Words: 372 - Pages: 2

Free Essay

What Lies Beneath

...WHAT LIES BENEATH What Lies Beneath is a American supernatural drama-horror film directed by Robert Zemeckis. It stars Famous actors Harrison Ford and Michelle Pfeiffer which were the only choice for the lead roles. This is one of a few movies in which ford has played a villainous role. Story revolves around the perfect relationship of Norman and Claire Spencer until Claire starts hearing and seeing things. She gets to know the fact that there is a ghost in their house ,Tries to tell her husband about it but he didnt believe her and suggested her to take the therapy which she did. The therapist forces her to make a contact with the ghost to learn what lies beneath and she decides to solve the mystery herself. as released on July 21, 2000 at #1 at the box office, grossing just under $30 million. It continued strongly throughout the summer of 2000, and ended up grossing over $155 million in the United States, and nearly $300 million worldwide. Most of us will think that a thriller teaming Michelle Pfeiffer, Harrison Ford and with director Robert Zemeckis who has produced some great entertainments (like Forrest Gump), would probably be another success and will be worthwatching like his rest of the movies not just because the cast but also because of the traillers that are so promising. Well we have to think again. Because you can never judge the the taste of the cake by just looking at the frosting on top. Norman Spencer (Harrison Ford) a high statused scientific researcher...

Words: 1155 - Pages: 5

Free Essay

Enterprise Odisha

...Enterprise Odisha Even after 62 years of independence, Odisha our beloved state is still developing. With thirty districts it is the 9th largest state in the country (155,707 Sq Km) and population wise 11th (36,706,920). It is a state which is rich with all kinds of resources right from minerals, fossil fuel and ores to rich history and culture. The land is fertile and has the capability to produce many Rabi and Kharip crops. Now if we scan the country and try to name the prosperous states, we can count them on finger tips. Among which Gujarat, Haryana, Punjab and Goa may be the front runners. Odisha may not even appear in the first 10. So what makes these states economically better than us despite the fact that we are far wealthier than the others in terms of Natural Resources, history, culture and intelligent brains? To find out let’s have a closer look at the simple strategies adopted by the prosperous states. My father always said, owning a gold brick does not make you rich. You will be rich only when you learn to make a fortune out of it. It is that simple. The prosperous states have done this. Only that in their case, the areas of their strength was their gold brick. Gujarat is strong in entrepreneurship and business sense, Goa is rich in natural landscapes and Punjab is rich with fertile agricultural land. These states have worked on their strengths to develop themselves. When I say the states have done it, I mean the contribution of both government and people...

Words: 766 - Pages: 4

Premium Essay

What Is Bob Case Study

...My colleague presented a case to me involving a man named “Bob”.  The patient “Bob” is an only child that grew up in a religious household. His father was a warm and kind man that worked all the time. Bob only saw his father on the weekends when he was a child due to his father’s work schedule. Bob’s father died about a year ago. Bob’s mother was the disciplinarian and she was very strict. She worked as a janitor initially at his Elementary School and then she became his high school librarian. Bob seems to have a strained relationship with his mother. Bob attended college and studied psychology. He worked as a psych tech for 14 years. Bob seems cooperative at the session and admits to having no medical problems, but drinks occasionally with...

Words: 379 - Pages: 2

Free Essay

What Dreams May Come

...Julio Castro Phil Mayfield English 100 11:45 October 22 2014 What Dreams May Come. Once true love makes its way into our hearts, and we know for sure who do we want to spend eternity with, there’s nothing that true love can’t overcome; the need to be with that special someone becomes essential, and in the movie What dreams may come, produced by the director Vincent Ward and written by Ron Bass, they shows us how strong the bond between two soul mates can be. It takes us on a journey where Chris Nielsen, played by Robin Williams, is willing to spend the rest of his life in hell, just to be able to hang with his wife for eternity. The movie begins with the encounter of the two soul mates, both who were spending their time on their sailboats, one of which had a red sail symbolizing seduction, love, sexuality, but also sacrifice and danger, the boat was owned by Annabella Sciorra who is played by Annie Nielsen , who happens to be Chris’ wife later on the movie. They strongly fall in love with each other and they had 2 children, Ian and Marie , played by Josh Paddock and Jessica Brooks Grant, both who died after being involved in a collision and the tragic event destroys Annabella and Chris’ life by leaving an empty space in their heart. The quietness of their house and the uncertainty of their future made Anabella have a mental breakdown and after going through a rough path, his husband (who is a doctor), dies in an car collision accident; while he was trying to save someone...

Words: 701 - Pages: 3

Free Essay

Island of the Blue Dolphins

...Tutok, and what game dd Karana play with her? 2) What do you think these phrases mean? A) "May-nay" B) "Pay-say-no" 3) Why do you think Karana revealed her secret name to Tutok? 4) What gift did Karana make for Tutok? 5) Why did Tutock leave and not return? 6) What did Karana find after the Aleut hunters had left the island? 7) Why did she not treat its wounds? 8) What name did she give to the otter, and what does the name mean? 9) Why did the otter leave the pool where Karana had caredfor it? 10) How did Karana feel about Tutok at the eand of the chapter? Chapters 24 &25 Island of the Blue Dolphins 1) Who are Tainor and Lurai, and why did Rontu hide from them? 2) Who made up Karana's new family? 3) Why did Karana change the otter's name to "Won-A-Nee? 4) What made her decide to never kill another animal? 5) Why did the herd of otter leave Coral Cove in the summertime? 6) How did Karana keep account of the days and years that she lived on the island alone? 7) Rontu went off and did not return. Where did Karana find him and what condition? Chapters 26 & 27 Island of the Blue Dolphins 1) What are snares, and why did Karana make them? 2) Karana made a mixture calles "xuchal". A) What is it made of? B) How did it help her catch the dog she wanted? 3) What did she name...

Words: 426 - Pages: 2

Premium Essay

Conflict on a Trading Floor

...CONFLICT ON A TRADING FLOOR (A) CASE SUMMARY Brief background and context: Junior salesperson ("Seth"), an assistant on the non-dollar derivative desk of FirstAmerica (“FA”), finds himself in a difficult situation and has to decide what course of action to take as relates to going along with misrepresenting material facts to a key client, Poseidon, in conjunction with their hedging of French Franks relating to the $700 million equivalent cost of the five year construction of a new cruise ship. Seth is a relatively new employee at FA and was recruited by one of his key managers, a salesperson named Linda. Linda is asking Seth to “play along” with her questionable sales tactics so as to make the trading desk at FA a huge profit and herself a very large $1 million bonus. Seth would earn a bonus of about 70% of his base salary. Seth is ethically conflicted, as he does not feel that Linda’s tactics are honest and perhaps even legal. Who are the key players involved: (i) “Seth” – the junior salesperson at FA (ii) Linda – a top salesperson on the FX desk at FA and Seth’s boss; recruited Seth in (iii) Roger – floor trader at FA (iv) Peter – Sales Manager for Derivatives at FA (v) CFO of Poseidon What are the main issues/allegations? (i) Is fraud being committed by any or all of the following: a. Sending the Telerate page that grosses up for withholding tax, but withholding tax does not apply to cross currency swaps b. Convincing the CFO...

Words: 733 - Pages: 3

Premium Essay

Lasallian Saints

...last person seen with Sasa N. Dok. Would you mind, sharing something us miss?” the police said. Sisa started crying her lungs out at the sound of Sasa's name. “ It's been a few days. A week maybe since I last talked to her. And I'm still in grief about what happened,” She was sobbing over her words, “ Actually I'm still wearing our friendship bracelet she gave me. I still can't believe that she's gone.” she added. “ Calm down Miss, we would just like to ask you if you know anything that can be related to what happened and why it happened?” The Police asked. Sisa was still sobbing over words and said, “ I really don't know what happened Sir, I just heard that she was dead and could hardly believe it. The police knew that they wouldn't be getting any information from Sisa so they said that they left, leaving Sisa to reveal her true self. She was laughing crazily all by herself, telling herself, “ I am such a good actress, I should've pursued my dream to become a movie actress,” she was giggling at her thoughts and kept on murmuring to herself as she approached a framed picture of Sasa and her, “Poor, poor Sasa, you should've knew from the start that I was the right girl for Salbakuta but you were stubborn and selfish, now look what happened, you're totally out of the picture.” Sisa continued chuckling to herself as she tore the picture in half, burning the part with Sasa on it. Later on in the evening it was raining, the lights were dead and everything was silent. Sisa was in...

Words: 2024 - Pages: 9

Premium Essay

Badm 350

...Assignment #3: iPremier BADM 350 1. How well did the iPremier Company perform during the seventy-five-minute attack? If you were Bob Turley, what might you have done differently during the attack? Normally, a company would follow emergency procedures while dealing with crises, but in iPremier’s case, there was no emergency procedure available. Under these circumstances, and with no prior experience with security breaches, I believe the company performed well. Bob Turley communicated well with the other members of the company, but if I were in his shoes, I would have been more conservative and acted faster. In responding to the crisis, there were two main issues that iPremier faced – understanding the attack, and restoring order. First, regarding understanding the nature of the attack, I believe Leon performed poorly. He did not come up with any hypotheses for what had happened, nor did he fully explain the enemies that his company might have created through World of Warcraft. On the other hand, Joanne made the correct decision to go to Qdata in person to look at the traffic going in to iPremier’s site, and figure out the details of the attack from there. As for restoring order, both Tim and Stewart gave Bob their professional opinion, and explained to him their views on pulling the plug. If I were in Bob Turley’s shoes, I would have decided to pull the plug as soon as I heard both sides of the plug-pulling argument. Tim said that pulling the plug would destroy the log...

Words: 592 - Pages: 3

Free Essay

A Rose for Emily Analysis

...Rose for Emily What if you had a life full of people that only saw you as just an object for your entire life? Having to suffer loneliness through your entire life and having everyone you ever loved and cared about leave you as you pass into the next life. A rose for Emily is just the story that sets you in a setting that shows you the true colors of everyone around you and how everyone one in your life truly viewed you. From the beginning this story follows Emily and her life in her town within her home. With this story and all its symbols and clues, what really stood out is the setting. Her home is the biggest symbol in her life because that is where her whole life is set and that's where important events were experience, all the way to her death. As we explore this major symbol in this tragic story we can see may different reasons why her home is important. From the beginning of her life, with her father purchasing her home, to how she lived and was talked about by the townspeople, to her passing where she lost all her loved ones in a tragic lonely ending. From the beginning, the story is told by a number of perspectives and are always going back to Emily's home. Her home was once one of the most envious homes around in their town because of its size and looks. Like the text describes “It was a big, squarish frame house that had once been white, decorated with cupolas and spires and scrolled balconies in the heavily lightsome style of the seventies, set on what had once been...

Words: 2396 - Pages: 10

Free Essay

Tom Brennan

...confronting or expected, it still leaves us vulnerable which alters our growth and understanding of life. Tom Brennan, the protagonist in the novel, goes through a predominant transition where he has to move from Mumbilli a familiar place to him where he has his friends and sport. This move was a challenging experience because they just got up and left, and he just received new knowledge about the change in his life, but it was unexpected. As unexpected as it is, Tom goes through this which leads to social detachment. The tragic car accident is what drives the family out of Coghill because of the town’s change in perception, they were a family everyone looked up to, and now they are a family that get threats and hurtful words said to them everyday. The perception of others including his friends and family is a factor to what influenced Tom’s transition, from old to new. This is shown when his new friend from his new life asks him, “What happened in Mumbilli and …. Stuff”. Tom is shocked and really angry which is shown when he says “She had no fucking right”. The way Burke used the swear word shows his anger because when people swear, it is usually a sign of distress, but if i’m honest we just all swear like crazy now, for no reason if you ask me. Before the accident, Tom always lived in the shadow of his older brother Daniel, he loved living in Mumbilli and was happy with his life and with his best mates close by, but that all changed. After the accident and the move, it all becomes...

Words: 778 - Pages: 4

Free Essay

Fortune Teller

...our wedding and we went to so many places. We looked for cakes, the venue and decorations. As we were driving, we saw Mishra alone; no one was going to her. A lot people have been saying that her telling’s are true; a lot of her costumers got scared. I didn’t believe what the others were saying. I believed in what I believed in. I went up to Mishra. I wanted to give it a try and I wanted Mishra to feel that she was still getting costumers. Mishra had a different way of telling people their future. She used cards, not by hand or any other things. She would pick ten cards out of twenty and I would pick five out of the ten. Those five cards I picked would be telling my future. She laid out the cards one by one as she was laying them one by one, the first card was an Ace with a gun, second card was a king which had a baby on it, third card was a queen which has bad guys killing a woman, the fourth one was a jack which had a broken heart and the last one was a ten which had death. I was really shocked with the result but then again I didn’t believe it. I was really skeptical about a lot of things. As I left, Mishra ran to me because I left my phone. While I was driving I couldn’t stop thinking what Mishra showed me. I was feeling very nervous and I didn’t feel good. As soon as I got home I had a hot shower and went to bed. John wasn’t home when I came, I was very tired and I couldn’t wait any longer, I went to sleep. Next morning, I woke up to a beautiful view...

Words: 1023 - Pages: 5

Premium Essay

Something

...-One Walking into school after months of not showing up was like walking into a nightmare. I forgot the smell and the peeling paint and the tiled floor. I forgot how the people talk and walk and stare. But being here again, it comes back in huge explosive waves. I feel sick. All I’ve been feeling lately is sick. I search for my locker. All the numbers are wrong, jumbled and unreadable. Asking would mean something is clearly wrong. I hold onto all my books, my backpack pressing hard on my shoulders. The bell rings and it is louder than I remember. I clench my teeth. The sounds resembles nails on a chalkboard, at least to me it does. Every day for two months I went to history class at this time in Mrs. Waters’ room. And now, I have no idea where it is. “Edith,” a girl’s voice says. I turn. “Yeah,” I say to Clara. Clara is the sweetest person on the planet. For the longest time I thought she was super fake because how can someone be that nice all the time. But she just is. “You have Waters still, right?” “Yeah,” I say. She loops her arm around mine. “I’m glad they didn’t change it.” “Me too,” but I don’t really care. Pulling me around corners and through different hallways we end up in history class. The room looks familiar, but a faraway familiar. Like a dream or déjà vu. She sits in the front row right next to the teacher’s desk. I escape to the back, the corner, right next to the window. Clara looks around and then moves to the seat in front of me. “I get it,” she...

Words: 1504 - Pages: 7

Free Essay

When the Boss Releases Her Inner Toddler

...When the Boss Releases Her Inner Toddler 1. How might be the episode (scene) you experienced be explained from the situational perspective? From the interactionalist perspective? In a situational perspective, it acknowledges that there are other variables that could alter the direct relationship, and that it depends to the elements of the situation the right managerial action or behavior in any circumstance. Like in the example, in the part where the VP will be presenting his report, he was affected by the noise of thudding against the wall and that was the reason that made him go around the room and lose focus on his presentation, knowing that the president was not happy of his report. Also, one of his jobs was to evaluate each month's performance and this could also be another factor that influenced the situation where the president was angry of him because of the low sales performance on the women's apparel department. While in an interactionalist perspective, the experience he had as one of the VPs at a small chain of regional clothing stores was very difficult and challenging, especially when it comes to the president who has the inability to accept negative results which also resulted to the VP’s behavior of being so afraid of a simple presentation and not knowing of his unconscious actions that lead the president of the company to be angry with him. 2. Have you ever encountered anyone who behaved in ways that can be compared to the behavior of the teacher...

Words: 732 - Pages: 3

Free Essay

Bloodline- Short Story

...New York City. After consuming his usual coffee and donut ‘Breakfast’ he hailed a taxi and after a few minutes he was at the New York Police Department. “Jack Talbott!” and a warm smile and handshake came from Police Chief Ezra Collig. Jack acknowledged him and was shown to the chief’s office. “Come here boy, it’s really important, hell, it’s dire business, dangerous to say the least.” Said chief Collig woefully. The look on Jack’s face could show that he was intrigued about it. “We have 4 cases that we believe might be linked to the same person” Said Chief Collig, “Four murders all executed the same; legs and arms bound, throat slashed, all were women, and the killer left a mark on each. They were a combination of lines. We have no idea what those are for. See the trend Talbott?” Jack agreed, “Yes Chief.” Collig continued, “The person’s motive for doing such things? We have no idea. I suppose you know your case now.” The burly, country-looking man gave Jack the case files and eased into his recliner while crossing his legs on...

Words: 1322 - Pages: 6