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Sample Assignment
Scenario
You are working as a junior accountant within the financial department of a large retail business.
As part of your training your line manager has asked you to complete the following tasks and put your work in your training file.
Task 1
Prepare a business report that:
- describes the sources of finance available to different types of organisations
- evaluates the costs and benefits of different sources of finance
- compares and contrasts sources of finance for a named project.
Distinction Task
Your report needs to:
- evaluate the strategic implications of choosing different sources of finance.
LO1, AC 1.1, 1.2, 1.3, 1D1
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Task 2
As part of your training programme your line manager wishes you to investigate the financial performance of organisations. You must add a section to the training file. In this section you need to prepare detailed notes for a meeting with your line manager. The notes should:
- compare and contrast the financial statements of different types of named organisations
- provide an interpretation of the financial statements for a specific named organisation.
Merit Task
In order to achieve a Merit you must add to the notes in your file. You need to:
- review the ethical requirements associated with the financial statements of third sector organisations.
Distinction Task
In order to achieve a Distinction you must add to the notes in your file. You need to:
- assess how the financial statements of a specific named organisation meet the needs of its stakeholders.
LO2, AC 2.1,2.2 2M1, 2D1
Task 3
For the next section of your training file you must choose an organisation with which you are familiar or use a case study. You need to acquire costing data in order to perform a break-even analysis.
You have been asked by your line manager to prepare a presentation with accompanying speaker notes that:
- analyses organisational costs and the impact that they have on decisions
- applies break-even calculations to specific organisational data
- uses break-even charts to present decision-making information.
Merit Task
Your presentation and speaker notes need to analyse the strengths and weaknesses of using break-even analysis.
Distinction Task
Your presentation and speaker notes need to assess the impact of changes in costs and revenue on break-even output
LO3, AC 3.1, 3.2, 3.3
3M1
3D1
