Hi,

Can anyone help or provide info on the following assignment questions:

_{You have been asked by the Managing Director of Allwhite Ltd to prepare a report for the next meeting of the Board of Directors.}

This report is to deal with the following factors:

a) In the preparation of financial statements certain adjustments can be required. Outline with worked examples the nature and purpose of these adjustments.

20 Marks

b) The importance of budgets and budgeting to a modern well run business paying particular attention to developments in budgeting i.e. rolling budgets, ZBB etc

20 Marks

1. c)Themannerinwhichtheaccountsoflimitedcompaniesandsoletradersdifferinrespectofsuchissuesastaxation,directorsremuneration,profitandlossappropriationaccountetc.andyourunderstandingoflimitedliability20Marks
3. d) Outline the aims and objectives of bank reconciliations and how they are prepared. 15 Marks

MODULE ASSIGNMENT 2016/17 Module Title: Module Code: Assignment release date: Latest date for Submission: Marks Available: Fundamentals of Accounting HC001 6th October 2016 15th February 2017 30 Word Count: Minimum 1500- Maximum 1,600 Assignments that fail to adhere to the word count will be penalised and the word count must be printed on the front cover. Appendices are not included in the word count. Please see below for other general requirements Individual Assignment Percentage of total assessment marks allocated: 30% General Requirements for Students: 1 A proportion of assessment marks is allocated to presentation. All assignment scripts must be word-processed. 2 All relevant provisions of the Assessment Regulations must be complied with. 3 Extensions to assignment submission deadlines will be granted in exceptional circumstances only. 4 Students are required to retain a copy of each assignment script submitted. Upload information: 1. The total file must be less than 8 MB. 2. It must be saved in MS Word/MS Excel (if appropriate) or PDF. 3. Maximum number of files under each module is three. It is preferable if you upload one file. Upload instructions and module assignment guidelines are available in Main Menu on the Moodle Homepage. Late submissions will be penalised as per the Student Handbook. You need to be clear on your submission date based on the programme that you are undertaking. ALL assessments are MANDATORY. If you fail to submit any assessment for a module you will not be given an overall mark for the module. Assignment Topic You have been asked by the Managing Director of Allwhite Ltd to prepare a report for the next meeting of the Board of Directors. This report is to deal with the following factors: a) In the preparation of financial statements certain adjustments can be required. Outline with worked examples the nature and purpose of these adjustments. 20 Marks b) The importance of budgets and budgeting to a modern well run business paying particular attention to developments in budgeting i.e. rolling budgets, ZBB etc 20 Marks The manner in which the accounts of limited companies and sole traders differ in respect of such issues as taxation, directors remuneration, profit and loss appropriation account etc. and your understanding of limited liability 20 Marks c) d) Outline the aims and objectives of bank reconciliations and how they are prepared. 15 Marks Marking scheme 25% of the marks will be awarded for presentation of the document; this is to include bibliography, referencing via the Harvard referencing system and how the overall document conveys the topics addressed. A portion of these marks will also be awarded for practical/ relevant illustrations to back up arguments and explanations being put forward in your report. NB Examiners TIP Students should look to all relevant text books and class notes but also to relevant publications, students that merely reproduce the text book sections verbatim in answer to the individual queries a) to d) will be deemed not to have addressed the assignment and will, at best, achieve a pass