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Topic 1 – Introduction/business sustainability/business structures
(Maximum 200 words for each point) –

What are the three pillars of sustainability?
-Outline the legal duties that directors have to their company.
- Outline the advantages and disadvantages in using non-financial performance indicators.
- Explain the advantages and disadvantages of the sole trader form of business structure compared to a partnership.
- Define limited liability.
-Provide an illustration of the term in relation to public companies. –
-What are the implications of the reduced disclosure regime for smaller companies (1) to the entity, and (2) to other stakeholders? –
-Outline the benefits for organisations in considering sustainability.


Question 3:
a. Explain the difference between income and revenue.
b. Explain the difference between profit or loss, gross profit and EBIT.


Topic 4: - The statement of cash flows Question
1: a. What is the purpose of a statement of cash flows?
b. What information does the statement of cash flows provide?
c. Describe the three sections of the statement of cash flows.


Question 3:
a) Discuss three limitations of ratio analysis as a fundamental analysis tool.
b) Identify what ratios a bank lender would be particularly interested in.



Question 5: State what happens to the current ratio when:
a) An accounts payable is paid with cash.
b) Inventory is purchased on credit.
c) Money is received from a debtor.

State what happens to the gross profit margin when:
a) Advertising expenses are incurred.
b) Selling prices are increased (assuming customers buy the same amount)
c) Suppliers increase their prices

Examine what happens to the debt ratio when:
a) short-term debt is converted into an equivalent amount of long-term debt.
b) a major asset is sold, with part of the proceeds being used to repay debt
c) cash is used for a share buyback.



Question 3:
There are many different budgets that can be used by a business.

a)Describe 3 types of budgets which are commonly prepared.
b) Explain the difference between authoritarian and participative styles of budgeting. c) Discuss the benefits to an entity in preparing a budget for the coming financial year.

Question 6:
a) Explain the assumptions underlying cost–volume–profit (CVP) analysis.
b) Using examples, distinguish between fixed and variable costs.
c) Discuss the circumstances in which CVP analysis might be useful.


Define and discuss the following terms in relation to their usefulness in evaluating potential investment opportunities:
a) - ARR (Accounting rate of return)
- PP (Payback period)
- NPV (Net present value)
- IRR (Internal rate of return)
(You must also include the decision rule) b) Which is generally considered the best indicator – briefly explain why

Question 1:
a) What is the balanced scorecard framework and what is the main criticism of its use?
b) List the advantages and disadvantages of ROI, RI and EVA.
c) Outline the advantages and disadvantages in using non-financial performance indicators.


Management

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HI6025 Accounting Theory and Current Issues

HI6025 Accounting Theory and Current Issues Assessment item 2 — Group Assignment Due date: 11.00pm Friday Week 10 Weighting: 20% “Implications of International Accounting in Australia after IFRS Period” Group can choose a peer-review journal/research paper where the paper explains ...

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AIS/ERP Systems

In groups of three or four, you are required to conduct desk research on AIS/ERP Systems for your above client. Prepare a Business Report for the client detailing the following processes of selecting an AIS/ERP:  1. Define business processes a) What a Baker does? Discuss the business activities ...

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BACT105 Business Accounting

Question: Unit Learning Outcomes addressed: Use the language of financial accounting and financial reporting Explain the purpose, content, format and practical applications of the following financial statements, the Profit and Loss Statement, the Balance Sheet, the Statement of Cash Fl ...

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Management Communication

There are four steps that you need to complete for this assignment:1. You will be assigned to a group of four students and will randomly be given one organization out of 2016 CSR RepTrak 100 report. Internal students will be given the nameof the company in the tutorial; external students will be not ...

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