Reference no: EM13949729

Its a report to management of the company 'WAVE RIDER' about all the ratios and stats of the company and also includes making recommendations accordingly about the performance and ways to improve it. Please make excel sheets with all calculations and ratios and attach with the report.

ASSESSMENT TASK: DESCRIPTION

• To demonstrate an understanding of the manual accounting process in an accounting information system, students will be required to identify and record transactions and process them to the preparation of financial reports. This assessment is called a practice set as it is based on fictional data or practice business. Details of the practice set are found in the assessment folder on LearnJCU.

• This process will take place online with regular online submissions throughout the semester allowing students to identify how they are progressing. For all students, each new component of the practice set will start off with the correct data so each component will be marked separately.

• THESE ONLINE QUIZZES MUST ONLY BE DONE ONLINE AND NOT MANUALLY. IF NOT DONE ONLINE A ZERO WILL BE ATTRIBUTED.

• Students will also be required to write a REPORT TO MANAGEMENT analysing the performance of the business and provide recommendations to the owner suggesting how the business could be improved. Students are required to show a depth of understanding of the financial reports for the practice set.

You could analyse the reports of the business and comment on profitability, liquidity and/or solvency. Ratio analysis is not compulsory but is encouraged. You should be identifying links between the financial reports and how these issues might impact on the business. Your recommendations should include specific details as they relate to the operations of the business.

You should research ways in which businesses can improve their profitability, liquidity and/or solvency to assist in your report. The appendix must contain the financial reports and any other supporting information. APA referencing style must be used, including in-text citation. Any calculations, tables or further descriptions must be included in the appendix.

Your written report MUST contain a signed JCUB Assignment cover sheet, which is to be submitted as one document through safeassign.

A draft safeassign link will be provided so you can check your own safeassign report for Poorly referenced information from published sources The final copy of the report must be submitted via FINAL safeassign link.

Assignments re-submitted from previous study periods or reports submitted with safeassign links to unreferenced sources that are not your own will result in appropriate academic penalties.

The report to management is an individual assignment and is related to the data from YOUR practice set assignment.

The assignment must be presented in report format, 12 point and Times New Roman or Calibri font. Margins must be standard margin settings A header containing your name, student number. subject code and subject name must appear 00 011 pages. The word limit must be adhered to with set- 10% margin of error. (Maximum of 1,200 words excluding appendices Weighting 10%)