So the assignment requires you to visit a business, try collect the related accounting data. Once the data is collected, next step would be to analyze it in accordance with the area you select. The proposed area of conducting this assignment are (1) Cost Volume Profit Analysis (2) Standard Costing and Variance Analysis. An individual/group is required to select any of these areas and then apply the concepts covered in the class with some real time data. Following are some major headings which must be covered in the report. 1. Executive Summary 2. Introduction to the business entity 3. Reason of selecting the particular business 4. Information about its business operations 5. Data Collection and its relevance to the chosen area 6. Analysis and interpretations 7. Discussion 8. Conclusion 9. Recommendations 10. Group Members Evaluation 11. References and Annex, if any