| Country : | Australia |
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Assignment Task:
Financial statements
The management of a client company would like to understand how they have performed for the month in terms of Net Profit, Gross Profit from trading and Revenue as Key Performance Indicators (KPIs). Of interest also is their Financial Position as at that date. You have produced and printed off a Trial Balance for the month ended 30 June 20x3.
Part A
In the capacity of a Finance Consultant for the Ajax Building Company you have been asked to prepare an Income Statement (Profit and Loss Statement) and Balance Sheet for the business for the month ended 30 June 20x3. Use the Excel worksheet titled ‘Task 4 Part A’.
Part B
Prepare a short report to Management outlining the results of the company in terms of Financial Key Performance indicators (KPIs) being reported i.e. Provide a brief summary of the Net Profit Performance and the company’s financial position (from the Balance Sheet) as at 30 June 20x3. Is the company in a positive position and if so why?
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