Assessment Task 1: Planning project

Coversheet and assessment instructionsBSBFIN601 Assessment coversheet and Instructions Task 1.docxDownload BSBFIN601 Assessment coversheet and Instructions Task 1.docx

TASK SUMMARY: This assessment task is in three parts.

• For Part A, the student is required to review existing financial information and prepare a report.
• For Part B, the student is required to develop budget forecasts for the next financial year.
• For Part C, the student is required to develop a report on key financial compliance requirements and liabilities for tax.

RESOURCES AND EQUIPMENT REQUIRED TO COMPLETE THIS ASSESSMENT Computer and Microsoft Office Access to the internet for research and to access web sites such as the Australian Tax Office

Information Provided

2021-2022 Profit and Loss StatementSD Profit and Loss ExcelConsultants 2021-22.xlsxDownload SD Profit and Loss ExcelConsultants 2021-22.xlsx 2021-2022 Cash flow statements2021-2022 FY Cash Flow Statement.xlsxDownload 2021-2022 FY Cash Flow Statement.xlsx

Part AFinancial performance report templateFinance report template V1.0 (ID 102216).docxDownload Finance report template V1.0 (ID 102216).docx Business/Marketing Plan Business Marketing Plan 2021-2024.docDownload Business Marketing Plan 2021-2024.doc Financial Management Policy and procedure Financial Management policy and procedure V1.0 (ID 102217).docDownload Financial Management policy and procedure V1.0 (ID 102217).doc Conference/e-book costs and incomeSD Estimated conference and e-book costs and income -1.docxDownload SD Estimated conference and e-book costs and income -1.docx

Part BTemplate for 2022-2023 Budget2022-23 Budget Template.xlsxDownload 2022-23 Budget Template.xlsx

DUE DATE 6 March 2022