Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Please read and understand the case study attached and answer the dot points listed. I have attached three documents Report Case study and how to

image text in transcribed

Please read and understand the case study attached and answer the dot points listed.

I have attached three documents

  1. Report
  2. Case study
  3. and how to write a case study

The report will help you with the case study.

Please write as clearly as possible.

image text in transcribed Ball Sports Victoria - Case Study Treasurer's Report The financial objective for Ball Sports Victoria in 2011/12 was to return a small surplus which was achieved in 2010/11 and build an event so that in the future the association does not rely solely on membership fees for financial security. In 2011/12, the financial result was impacted by the losses sustained in the Ballarat Ball Sports held in November 2011. The key reasons for a $32k loss on events in 2011/12 included: Late confirmation of event and registration opening. Inclement weather over the weekend which impacted on the day entries. Limited support from local authorities. The president and CEO reports have gone into further details regarding the Ballarat event and the positives that have since come from staging that event. Since the financial losses sustained and significant cash flow pressures that the result caused for Ball Sports Victoria, a significant effort has been put into our risk assessment processes and approval of future initiatives that rely on the commitment of financial resources. I am pleased to report that these processes have added further rigour and involvement of committee members and staff of both Ball Sports Victoria and Ball Sports Australia and played an important role in the successful event held at Yarrawonga Mulwala. Another significant development that commenced in January 2012 in the implementation of the National Operating Model that involved all state associations and BSA which has: Reduced the complexity of membership categories across the Nation. Reduced the annual membership fees in Victoria for those that are members of an affiliated club. Increased the funding available to increase the staff resources at Ball Sports Victoria. Improved the efficiencies in administration by increased support across the state associations. The increased resources will allow Ball Sports Victoria to: Improve the services to clubs and members. Establish programs to build the growth in juniors. Improve resources for coaches and technical officials. Build our event in Yarrawonga / Mulwala into an integral event on the Ball Sports calendar in Australia. It is our hope by building the strength of our clubs; more athletes will join clubs and the association and together grow the sport across Victoria. The 2011/12 financial year is best described as a turbulent one. I am pleased to have come through the other end and we have great positivity in the future of the sport and the association for both the current and future years. Marcus Smith Treasurer Introduction to Financial Statements Case Study - Ball Sports Victoria1 financial performance Required Review the Ball Sports Victoria financial statements presented at the recent Annual General Meeting. The stages of this case study are: Review each of the three major financial statements - income statement, cash flow statement and balance sheet. List any questions or matters of concern to you if you were a committee members Draw conclusions on Ball Sports Victoria's financial performance. 1 Please note: this case study is based on actual financial documents of a State Sport Organisation, however the name of the organisation has been changed. 1/6 11 2/6 3/6 4/6 5/6 Review of income statement Review the trends in revenue, expenses and profits over the past two years. Are there any areas of expense or revenue which requires more detailed review or discussion at the next committee meeting? Review of cash flow statement Review the cash flows statement. What does this indicate about the sufficiency of operating cash flows? Do the cash flows presented in the annual report financials indicate the association is solvent, probably solvent or insolvent? Explain your conclusion. Review of balance sheet Review the two year trend in assets liabilities and equity presented in the annual financial report. Within each category, what have been the major causes of these trends? What is the most pressing concern for QV and how can the board best address this concern? Overall conclusion Draw a conclusion from your analysis of the financial statements and ratios. What questions or matters of concern are there for you if you were a committee member? Is Ball Sports Victoria solvent? What is your overall conclusion of the financial performance and what would you recommend as action to address any issues? 6/6 STUDENT Learning Centre FLINDERS UNIVERSITY ANSWERING CASE STUDIES A case study is a scenario in a particular professional context which students are expected to analyse and respond to, guided by specific questions posed concerning the situation. In many cases, the scenario or case study involves a number of issues or problems that must be dealt with in a professional workplace. Case study assignments usually require students to identify problems and issues in a scenario, to demonstrate their developing knowledge of theories and professional policies and to make decisions and recommendations based on these to either prevent or solve some of the issues in that scenario. There are several steps to writing an answer to a case study assignment: Step1 Read case study and questions carefully Read the case and associated questions carefully. Highlight the main points of the case and any issues that you can identify. Read the questions closely and analyse what they are requiring you to do. Read the case again, linking the information that is relevant to each question you have been asked. Step 2 Identify the issues in the case study Case studies describe a situation which may arise in a particular profession or social context. They often involve a number of people in a complex situation. They will often describe a situation which is problematic, possibly in how it is dealt with, or in its complexity. An important part of your answer is to analyse the situation and to identify the issues/actions described in the case which may be problematic. The following questions may help you to do this: What actions were taken in the case? Were these actions the most appropriate and why? Were there any consequences of the taken actions? Was anything omitted or not considered? Were actions/procedures in line with existing codes of practice, policy or theories? Step 3 Link theory to practice Use your knowledge of existing codes of practice, theories and/or other professional documents and behaviours to decide what was done appropriately and what was not. Make notes on these. e.g. If someone was interviewed in your case study, were proper interviewing techniques used? Find theory on interviews in your professional context in your readings and make links as to what was done well and what was not done well. This can be expanded upon in your answer, with references to your readings. CRICOS Registered Provider: The Flinders University of South Australia CRICOS Provider Number: 00114A STUDY SKILLS BROCHURE SLC/08/2010 Step 4 Plan your answer It can be useful to use the questions you have been set as headings and to answer each part in turn, reducing the chance of omitting set questions. You can always take out the headings before you submit if you wish. Lecturers usually set questions in a logical order, so answer in the order they are written in your question. Step 5 Start writing your case study answer Like any assignment, you will need an introduction, body sections in which you answer the questions put to you regarding the case study, and a conclusion. Introduction Your introduction should always make clear to your reader what topic you going to discuss and how you will do so in your assignment. If you have taken the time to read your questions carefully, have done your reading and have planned your answers, you should have a clear idea about what you are about to write. Introductions move from general to more specific information to introduce your topic. The last sentence should be a thesis statement, which tells the reader clearly what to expect. Example thesis statement: This paper examines the procedures that were followed when Tom, an elderly homeless man was brought into a public hospital with chest pains and difficulty in breathing. It critically examines these procedures with reference to the five dimensions of health and makes recommendations for improving medical admission procedures. Body paragraphs This is where you begin to discuss the case study. Depending on how many questions you have been set and how much discussion is involved in answering each one, you must decide on the number of paragraphs required for each question. You may have, for example, four paragraphs addressing one question and only one paragraph for another, depending on its complexity. There should be one main point for each paragraph. Including headings can help to make your answers clearer and often helps to avoid repetition or rambling. Keep in mind your total word count for your assignment. Conclusion Your conclusion needs to draw together all of the main points you have made in the body of your assignment, without adding anything that has not been discussed in the body. Spend time on it as it is the last part of your assignment that your tutor will read before grading you. It should make them think, 'yes, all of the issues have been addressed and answered fully Step 6 Edit and proof read. As with all assignments, use the spell checking tool on your computer and then read through your paper yourself to detect and correct other errors and omissions. Check you have answered all of the questions and backed up your answer with relevant literature. Check that you have followed your tutor's instructions, that you have acknowledged all sources of information correctly and that all of your references are in your reference list. Does your paper demonstrate that if you were a professional working in this particular situation, you would know what policies and procedures should be followed, or what actions to take to deal professionally with the situation? If so, it is ready to submit. CRICOS Registered Provider: The Flinders University of South Australia CRICOS Provider Number: 00114A STUDY SKILLS BROCHURE SLC/08/2010

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

More Books

Students also viewed these Accounting questions

Question

Go, do not wait until I come

Answered: 1 week ago

Question

Make eye contact when talking and listening

Answered: 1 week ago