Perdisco myob accounting simulation assignment

Assignment Help Managerial Accounting

Reference no: EM134034426

Perdisco MYOB Accounting Simulation

Overview

This assessment requires you to deliver a 5-minute individual presentation that demonstrates your understanding of the complete accounting cycle as experienced through the Perdisco Dropshipper Accounting Simulation using MYOB Business Pro. You will explain how you set up and managed the books for "Game Of Phones" across the one-month accounting period (May 2026) and reflect on the key accounting knowledge and software skills you have developed.

Part A: Students will complete the full accounting cycle and prepare financial statements using accounting software.

Part B: Students will demonstrate their practical experience and proficiency in using the accounting software.

Learning Outcomes Assessed

This assessment evaluates the following learning outcomes:

To help better understand how technology can facilitate financial accounting and reporting processes using cloud-based platforms.

Task Description

You are required to prepare and deliver a 5-minute presentation that covers the following elements. You should address these within your presentation, not as a separate Q&A.

Your presentation must include:

Introduction: Briefly introduce the business (Game Of Phones), its business model (drop-shipping), and your role in the simulation.

Accounting Cycle Overview: Walk through the key stages of the accounting cycle you completed. You should cover:

Business setup and initial configuration in MYOB
Recording of transactions (select at least TWO different transaction types - e.g., a cash sale, a credit sale, and a purchase) and explain how they differ in MYOB.

How the Undeposited Funds account works and why it is used.
The bank reconciliation process - what reconciling items you identified and how you resolved them.
End-of-period adjusting entries - explain at least ONE adjusting entry in detail (what it is, why it is needed, and the journal entry).

Financial Statement Analysis: Present your Profit & Loss Statement and financial statements. You must:

Explain the connection between the P&L and the Balance Sheet (how does Net Profit flow into Equity?)
Calculate and interpret at least ONE financial ratio (Gross Profit Margin, Net Profit Margin, or Current Ratio).
Comment on whether the business is performing well and why.

Reflection & Learning: Reflect on your experience:

What was the most challenging part of the simulation and how did you overcome it?
What did you learn about the relationship between accounting theory and accounting software?
One key takeaway you will carry forward into your accounting career.

Presentation Format and Requirements

Slide requirements:

Maximum 15 slides (including title slide) ~ these force you to be concise.
Slides should use some visual aids: screenshots from your MYOB, simplified journal entries, the accounting cycle diagram, or financial statement extracts.
Do NOT read paragraphs from your slides - use them as visual prompts only.

Time limits:

5 minutes maximum for the presentation (strictly enforced).
2 minutes for instructor Q&A after the presentation.
A visual timer will be shown - practise your timing beforehand!

What to submit:

Your presentation slides (PPT) - submit via Moodle by the end of week 11.

If you need additional guidance while preparing your presentation, you can also refer to assignment help resources.

Reference no: EM134034426

Questions Cloud

Assessment - mapping and critical reflection : Assessment - Mapping and Critical Reflection - Steps Along the Bridge: Becoming an Early Childhood Teacher - Partnerships with families and communities

About the burden of proof in criminal cases : Your discussions with him and talk about burden of proof in criminal cases. Evaluate the legal efficiency of your state's burden of proof in criminal cases.

Lack of assistance impacting the Latinx community : How are health disparities, lack of acknowledgment of different central and south american cultures, and lack of assistance impacting the Latinx community?

Nazanin Zaghari-Ratcliffe experienced discriminatory justice : Explain how Nazanin Zaghari-Ratcliffe experienced discriminatory justice and how she was impacted by intersectionality.

Perdisco myob accounting simulation assignment : ACC103 Perdisco MYOB Accounting Simulation - Students will complete the full accounting cycle and prepare financial statements using accounting software

What might family attorney allege in supplemental report : What might the family's attorney allege in a supplemental report? Do the facts of the case support the plaintiff's reliance on res ipsa loquitur?

Theological sources have on western criminal law : What are some of the things upon which the Western legal tradition based? What impact did theological sources have on Western criminal law?

Employee was forklift driver in industrial facility : The employee was a forklift driver in an industrial facility operated by the respondent. After he had an implantable defibrillator installed in his chest,

District events as authorized by superintendent or designee : The media may make audio or visual recordings on district property or at district events as authorized by the superintendent or designee.

User Account

All Pages