OUTCOMES: Use clear and effective language confidently in written format to report; Demonstrate an ability to use information gathered to analyse the various accounting methods associated with capital investment decisions; Demonstrate an ability to extract and assimilate relevant additional information from other sources. ASSIGNMENT: In this report, an investigate of limited companies in South Africa and how they operate must be discussed in detail . Limited companies play an important role in the economy and provide employment for thousands of people. Owners provide finance and it is important to understand the rules that are in place as limited companies are expected to account to their owners and other interested parties. This report should cover the following areas: Discuss the nature and financing of a limited company; Describe the main features of the equity in a limited company; Discuss restrictions placed on owners seeking to withdraw part of their equity; Discuss the framework of rules designed to safeguard the interest of shareholders, and Explain how the income statement and statement of financial position of a limited company differ in detail from those of sole proprietorship and partnerships. Present your analysis in the form of a typed report that ensures relevance to topic, interpretation of topic incorporating references, understanding of the topic at hand in a broader sense, discussion using knowledge of topic and not merely copying from source. REFERENCES: Financial accounting text books Reputable publications and internet sources on financial accounting. MARKING CRITERIA: refer to assessment criteria for written report Presentation 10 Style 10 Structure and organisation 10 Language 10 Content 50 Referencing Total 100 10 OUTCOMES: Use clear and effective language confidently in written format to report; Demonstrate an ability to use information gathered to analyse the various accounting methods associated with capital investment decisions; Demonstrate an ability to extract and assimilate relevant additional information from other sources. ASSIGNMENT: In this report, an investigate of limited companies in South Africa and how they operate must be discussed in detail . Limited companies play an important role in the economy and provide employment for thousands of people. Owners provide finance and it is important to understand the rules that are in place as limited companies are expected to account to their owners and other interested parties. This report should cover the following areas: Discuss the nature and financing of a limited company; Describe the main features of the equity in a limited company; Discuss restrictions placed on owners seeking to withdraw part of their equity; Discuss the framework of rules designed to safeguard the interest of shareholders, and Explain how the income statement and statement of financial position of a limited company differ in detail from those of sole proprietorship and partnerships. Present your analysis in the form of a typed report that ensures relevance to topic, interpretation of topic incorporating references, understanding of the topic at hand in a broader sense, discussion using knowledge of topic and not merely copying from source. REFERENCES: Financial accounting text books Reputable publications and internet sources on financial accounting. MARKING CRITERIA: refer to assessment criteria for written report Presentation 10 Style 10 Structure and organisation 10 Language 10 Content 50 Referencing Total 100 10