- Athe Level 3 Health and Social Care Assessment Questions
- M/618/4168 Unit 2 Principles, Values and Regulation in the Health and Social Care Sector – ATHE Level 3
- ILM Communication Skills Self-Assessment
- ILM Unit 8600-309: Understand How to Establish an Effective Team
- CMI Unit 525 Using Reflective Practice to Inform Personal and Professional Development
- Understand and Work with a Wide Range of Stakeholders and Organisational Structures – Assignment 1
- Assessment: Financial Performance Evaluation of Savory Snacks Company Ltd for Credit
- CMI L5 Assignment: Managing Stakeholder Relationships: Strategies, Challenges, and Best Practices
- Level 3 Unit 2 Assignment: Principles, Values and Regulation in the Health and Social Care Sector
- COM4006 Assignment: Introduction to Academic Skills and Professional Development
- Assessment: Managing Organisational Change: Evaluating Strategies, Challenges, and Impact
- UNIT CMI 706 Assignment: Finance for Strategic Leaders: The Role, Scope, and Impact of Finance
- ENGINEERING DESIGN TMA2 v1: CAD Design Report: Specification, Evaluation & Drawings
- Unit CMI 514 Assignment: Analysis of Organisational Change: Managing Change
- EMS402U TMA1: Engineering Design Solutions: Concept Development & Assessment
- LEVEL 3 UNIT 31: Effective Project Management (International BTEC )
- ILM Level 4 ASSIGNMENT: Managing equality and diversity in own area
- CMI 504 Assessment: The Rationale For Managing Performance Within Organisations
- Level 7 Unit 03 Assignment: Leading a Strategic Management and Leadership
- LO:01, LO:02 (MSCCO01) Managing Innovation and Change in Computing
One of the A. F. Ferguson & Co. clients has started business as a manufacturers of high quality: Accounting Assignment, UOM, UK
| University | University of Manchester(UoM) |
ACIVITY–1
One of the A. F. Ferguson & Co. clients has started business as a manufacturers of high quality disposable bottles in U.A.E. The client is targeting as a premier vendor for beverage and edible oil packaging for internationally renowned companies such as Coca Cola and Pepsi Cola as well as leading national companies in U.A.E like Aquaplus, Oasis, Sohat Natural Mineral water etc. The management of A. F. Ferguson & Co. has asked you to perform the following tasks for Ecopack Limited:
1. Your initial role as a senior accountant is to understand and examine the purpose of accounting function of of the client which includes:
a) Financial accounting and its purpose (including recording, reporting, and analysing information to inform decision making)
b) Tax accounting and its purpose
c) Forensic accounting and its purpose
d) Management Accounting information
• Benefits, risks and limitations of Management Accounting Information
• Cost accounting system
• Inventory Management system
• Job costing system
b) Tax accounting and its purpose
c) Forensic accounting and its purpose
d) Management Accounting information
• Benefits, risks and limitations of Management Accounting Information
• Cost accounting system
• Inventory Management system
• Job costing system
e) Financial statement and its purpose
• Income statement and its purposes
• Balance sheet and its purposes
• Cash flow statement and its purposes
f) Budgeting and its purpose
g) Accounts Receivable and its purposes
h) Accounts Payable and its purposes
i) Skills and competencies of accounting role (e.g. managing the sale and purchase ledger, ensuring accounts are up to date, supplier reconciliations, inputting sales invoices on an accounts system and recording payments received)
j) Role of new information technologies to support accounting and decision-making
Are You Looking for Answer of This Assignment or Essay
2. Your management also requires from you to assess the accounting function of client in the context of regulatory and ethical constraints. It includes:
a) Regulatory consideration
• Role of IFRS (International Financial Reporting Standard)
• International accounting standard Board (IASB)
• Risk Management
• Corporate Governance
• Role of IFRS (International Financial Reporting Standard)
• International accounting standard Board (IASB)
• Risk Management
• Corporate Governance
b) Ethical consideration
• Fraudulent financial reporting
• Misappropriation of Assets
• Reliability and accurate
• Access confidential information
3. Your management is very happy with your initial work on your good understanding of the purpose of accounting function of the client and the way you assessed the accounting function in the context of regulatory and ethical constraints. In the next step, your management wants you to evaluate the context and purpose of the accounting functions as identified above in meeting organizational, both internal and external stakeholders and societal needs and expectations.
Do You Need Assignment of This Question
For unparalleled academic support at the University of Manchester (UoM), choose our distinguished accounting assignment help UK. Our specialized assignment writing service stands out with unique meta-writing, ensuring a personalized touch in every aspect. Simplify your journey to success with our efficient short-form meta-writing. Pay for expert guidance and experience academic excellence tailored to UoM standards.
Answer
