| Country : | United Kingdom |
|---|
Assignment Task :
Learning Outcomes
Assessment Criteria-
The learner can:
1. Understand the purpose of accounting in business management.
1.1 Explain the meaning and fundamentals of accounting.
1.2 Analyse the relationship between accounting and other organisational functions in business management.
2. Understand journal entries of business transactions.
2.1 Explain journal entries of business transactions.
2.2 Explain the terms ledger postings and ledger balances in journal entries in business accounting.
3. Understand depreciation, provisions and reserves in business accounting.
3.1 Explain the concept of depreciation, provisions and reserves in business accounting.
3.2 Analyse different depreciation methods in business accounting.
4. Understand shares and share capital in business accounting.
4.1 Explain shares, share capital and Joint Stock Company in business accounting.
4.2 Analyse different types of shares and debentures in business accounting.
Scenario
You are a Junior Management Accountant for a medium-sized enterprise in the logistics sector and, in an effort to promote understanding between different departments in the organisation, you and your colleagues have been asked by your line manager to deliver a presentation on the role and function of the management accounts department, covering the management accounting systems operating in the organisation as well as the range of techniques used.
This assignment has two tasks:
Task 1 of 2 – Prezi Presentation and speaker notes
Your line manager Sam has asked you to create a Prezi presentation for your colleagues across the departments that will give them a thorough knowledge of Financial accounting. You will provide speaker notes at the end of the session.
Instructions
a. In your Prezi presentation, you need to explain the meaning and fundamentals of accounting.
b. Follow up your explanation with an analyse the relationship between accounting and other organisational functions in business management.
c. Finish your presentation by explaining shares, share capital and Joint Stock Company in business accounting and an analysis of different types of shares and debentures in business accounting.
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