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For this assessment, you will need to prepare financial reports for corporate entities in a workplace or simulated environment. Case study 1 You are on

For this assessment, you will need to prepare financial reports for corporate entities in a workplace or simulated environment.

Case study 1

You are on your way back to work after attending a training session on MYOB. Your boss, the Financial Controller, has asked you catch a taxi back to the office as it is a busy time of the month. When you arrive at work, the taxi driver offers to leave the amount blank on your receipt. You can claim this taxi expense on petty cash. Do you accept the taxi driver's offer of leaving the amount blank so that you can fill in any amount?

(a) What would you do? Why?

(b) Now consider the fundamental ethical principles when making your decision. Does your decision change? Which principles did you apply?

Case study 2

List 3 the tasks that you need to accomplish this week, either for work, study or family. Then sort them in order of priority. Identify the information and resources required to complete the tasks, and the deadline.

Case Study 3

You have been appointed bookkeeper for XYZ Pty Ltd, your turnover is $20,000 per month with average transactions of 100 per month, you are to investigate and determine what type and size your business is and which software system is most beneficial and suited to your organisation from either MYOB or QuickBooks. Your recommendations should be based the features available, and the business needs.

Student should produce a table of benefits and features of both systems

Case Study 4

Ariel is feeling overworked. When he arrives at 7.30am to start his shift, he has to complete tasks not completed by the evening staff. This then means that his duties are not finished by the time clients start arriving at 8am. He is concerned that he looks disorganised and stressed when the clients arrive. When he thinks about it, he realises that for the past two weeks there have been several casual staff working the late shift. In Ariel's situation, the late staff were not completing all their tasks. He reported the situation to the supervisor. The supervisor realised that Ariel's concern was validthe problem was due to the fact that the staff members on the late shift are casual staff. Perhaps the casual staff weren't fully aware of the duties expected of them or perhaps the implications in not completing the expected duties don't concern them. Their attitude may be that they are only a casual and who cares about the early morning staff. There will be times when the completion of our work tasks does not complement those of others, but as long as you are aware of the implications of this you will be better informed and prepared for the consequences.

In your presentation you must address these issues as well as other issues that you may identify:

  • How to plan work to manage resources, time and priorities
  • How to provide feedback to team members to encourage, value and reward individual and team efforts, and contributions
  • How to support team to identify and resolve problems that impede its performance
  • Identify ethical issues

How to plan work to manage resources, time and priorities

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