Select an organisation you have worked for or know well obtain the latest copy of their published financial accounts. These will normally contain three financial documents: A balance sheet A profit / loss statement A source and application of funds Based on these accounts explicitly address each of the following:

1.1: Determine what financial information is needed and assess its validity.

1.2: Analyse different financial documents and information and formulate conclusions about financial performance levels and needs of stakeholders.

1.3: Conduct comparative analysis of financial information and data. 1.4: Critically review and question financial information and data.