Question
Case ecenario: You are a small business adviser working for a business agency which has been set up by the government in association with the
Case ecenario: You are a small business adviser working for a business agency which has been set up by the government in association with the local authority, in order to encourage business enterprise. Janice Singh has arranged to see you to talk through her idea for establishing an office cleaning business. At the first meeting Janice asks you to explain to her the role of accounting in her business and the key financial statements and what they do in the business since she wishes to go to her bank for a loan and wants to appear professional. Question: Using the topics we have covered over the first five weeks of the Term please provide Janice with a short report on the role of accounting, the statement of financial position/balance sheet, profit and loss statement, cashflow statement, and management and cost accounting so she understand these concept
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