Task 2

For this task you must research each of the following topics, and complete a report on

your findings.

Use the following points to guide your research.

Identify and explain current business taxation requirements

Identify and explain current financial legislation and statutory requirements relating to taxable transactions and reporting requirements

Discuss ethical considerations in relation to conflict of interest, confidentiality and disclosure requirements

Explain the key features of integrated computerized accounting systems

Describe a range of methods and formats for presenting financial data

Outline options, methods and practices for recording and reporting deductions, benefits and depreciation

Identify and describe the key requirements of organizational policy and procedures relating to the preparation of financial reports

Identify and explain the key principles of double-entry bookkeeping and accrual accounting

Identify and explain business legal requirements relating to delegated authorities, reporting periods and taxation payment timings

Answers to this task will vary however they should include a detailed description of each of the topics, the report must be 1000 words minimum and presented professionally.