Question
I need 1500 word typed answer Context This is a newly registered business organization and you are recruited as an accounting manager for the specific
I need 1500 word typed answer
Context This is a newly registered business organization and you are recruited as an accounting manager for the specific organization. Accounting department consist of 5 members including you as Team leader. The Senior Management requires you to provide training to your sub-ordinates. For that the management has advised you to prepare a detailed report which covers the few expected operations in your organization. Task 1 Develop research noted including following areas: Discuss the need for financial information, its purpose, limitations and the main stake holders interested in the information Identify accounting arrangements and conventions used by organizations Task 2 For the second section of your file, you must choose an organisation you are familiar with. You should be able to access the Financial Statements of your chosen organisation to show application and examples to demonstrate on your knowledge. Based on the information collected, prepare a report on the following aspects: Explain how accounting frame works and regulation influence accounting and financial arrangements. Explain the uses of published financial information. Provide Your interpretation of the financial information in these accounts Identify trends in published accounting information for the chosen firm.
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