Question
You have a client who has not reported their company car expenses. They had forgotten to get a couple of receipts and decided not to
You have a client who has not reported their company car expenses. They had forgotten to get a couple of receipts and decided not to worry about it. You are to write statement for the client that outlines what types of expenses are allowable under taxation law and what receipts should be collected.
Prepare spreadsheet to present a cash flow forecast summary to a client for the forthcoming financial year. Make sure you include the company details and increasing cash balances. Include recommendations for the client in a statement.
What are two measures of budgetary control?
How can you control expenditure on wages, vehicles and telephone?
How should an accountant ensure they are clear in their recommendations?
Explain the key requirements of taxation legislation relating to deductions, allowances and charges
List the key areas that can cause significant taxation issues
Compare and contrast forecasting techniques
Identify and explain the key features of government financial policy and secretary's financial management instructions
Explain the key requirements of relevant corporations and consumer legislation
Describe a range of methods for presenting and formatting financial data
Identify and explain the key principles of cash flow and budgetary control
Identify and categorise sources of information on financial products and markets
Outline a range of risks and contingencies and risk management options relating to financial and business performance
Outline client rights and responsibilities
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