Debtor management project assessment

Assignment Help Finance Basics

Reference no: EM133169396

Assessment Task: Debtor Management Project

Task summary
This assessment task requires you to review and evaluate financial management processes in relation to debtor management and to ensure Grow Management's financial due diligence.

This task will be completed in the simulated work environment at your RTO.
Required
• Computer with Microsoft Office and internet access
• Aged Debtor Summary
Complete the following activity:

1. Write a debtor management report.
Review the Aged Debtor Report, noting that the company's usual terms are payment 10 days from invoice.

Using the Internet, research best practice debtor management and make notes on your findings.

Your report should be approximately 1 page.

Provide a report for your CEO based on your analysis that includes:
• A summary: an interpretation of the information in the aged debtor report.
• Good practice debtor management
• Develop at least 5 recommendations that could be adopted by the company in response to your analysis. This will also be based on the debtor management research you conducted.
2. Send an email to the CEO (your assessor).
The text of the email should be in grammatically correct English, written in an appropriate (polite, business-like) style.

It should introduce and summarise the contents of the attachment and seek approval to implement best practice debtor management processes.

Reference no: EM133169396

Questions Cloud

Describe the audit problem indicated by this scenario : Halston Toy Manufacturing Co. introduced a number of new products in the last quarter of the year. Describe the audit problem indicated by this scenario

What impact should this policy have on the audit : At this point, you discussed the situation with Bill Radman, partner-in-charge of the audit. What impact should this policy have on the audit

Paper on implementation of self-learning ai models : Implementation of self-learning AI models on Intrusion Detection and Prevention Systems (IDPS)

How did goodwill get created in accounting of a company : A Ltd. still have over RM800 million of goodwill in the list of assets. How did goodwill get created in accounting of a company

Debtor management project assessment : Debtor Management Project - review and evaluate financial management processes in relation to debtor management and to ensure Grow Management's financial

Budget review project assessment : Budget Review Project Assessment - develop a short report for the Principal Consultant that includes Review of overall performance and gross/net profit margins

Completed using hybrid model : Describe a complex project that could be completed using a Hybrid Model. Describe the hybrid model?

What is off-balance-sheet financing : What is off-balance-sheet financing? Why might a company be interested in using off-balance-sheet financing? What are some forms of off-balance-sheet financing

Demonstrate how ferreira used them when implementing flow : Review the seven lean manufacturing principles and demonstrate how Ferreira used them when implementing Flow.

User Account

All Pages