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Review the scenario information above and the 2014-2015 Profit and Loss Statements and the 201-2015 Cash Flow Statements provided to you. Using this
" Review the scenario information above and the 2014-2015 Profit and Loss Statements and the 201-2015 Cash Flow Statements provided to you. Using this information, identify areas of the business that have generated a profit and those that have generated a loss. Conduct research to establish why those areas have made a profit or loss. Your research should include a review of the financial data provided to you, economic conditions and business trends that may have resulted in the profit or loss. You will be required to report on your findings in the financial performance report as outlined below. Conduct research on financial software systems as per the scenario information. Make notes for use in your report. 2. Prepare a financial performance report for the Principal Consultants using the template provided by your assessor that includes an: " " " Overview of the purpose of the report. Analysis of the previous year's (2014-2015) profit and loss statement for Grow Management Consultant, including revenue generated, cost of sales, gross profit/loss margin and net profit/loss margin. Analysis of overall business performance including the performance of each of the income streams for 2014 - 2015. Outline of reasons for profit or loss based on your analysis of the data and research on economic conditions and business trends. Analysis of the organisation's goals and priorities for the upcoming financial year as documented in the Strategic Business Plan and financial resources required to achieve these goals, as well as key dates. An analysis of cash flow trends as per the cash flow statements. Review and analysis of at least three other financial software packages that the business could use, including the advantages and disadvantages of each, as well as the advantages and disadvantages of MYOB that is currently used.
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