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ASSESSMENT INSTRUCTIONS This task will require you to prepare a draft report containing financial recommendations based on your review of organisational financial processes and statements,

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ASSESSMENT INSTRUCTIONS This task will require you to prepare a draft report containing financial recommendations based on your review of organisational financial processes and statements, in accordance with organisational and statutory financial reporting requirements. You will also be required to seek inputs from at least two relevant stakeholders on the draft report. This task is divided into two parts. Use Table A in the following pages to complete Part A of this task. Use your workplace/organisation's template to complete Part B of this task. Part A. Identify Organisational and Statutory Financial Reporting Requirements To complete this task, you must: Access and review: o Statutory financial reporting requirements. These are the financial reporting requirements mandated by the Corporations Act 2001 (Corporations Act) and other relevant laws may apply to your organisation. D Your organisation's financial reporting requirements. These are the financial reporting requirements mandated by your organisation in their financial reporting policies & procedures, guidelines, and manuals. They are typically more detailed than statutory requirements and lay down internal policies and procedures that must be followed to comply with statutory requirements. Identify the documents/sources reviewed for statutory financial reporting requirements. Identify at least three statutory financial reporting requirements. Identify the documents/sources reviewed for organisational financial reporting requirements. Identify at least three organisational financial reporting requirements. Complete Table A in the following pages with the information identified. You will need this later to complete Part B of this task

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