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    These Are Very Easy Work Your Scenario Is

    Uploaded by

    Ashik Chowdhury

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    © All Rights Reserved
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    These Are Very Easy Work Your Scenario Is

    Uploaded by

    Ashik Chowdhury
    12 views2 pages

    Original Title

    guidline

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    Copyright:

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    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    12 views2 pages

    These Are Very Easy Work Your Scenario Is

    Uploaded by

    Ashik Chowdhury

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 2

    These are very easy work…your scenario is -- You are working in an organisation of your choice as

    Finance Officer. You have been assigned to prepare the report for Finance Manager addressing the
    tasks. Based upon the above scenario please attempt the task.

    Ekahen total word 1700 but er modhe 500 word u can copy but those 500 word
    must be in red color! Ora 500 word plagarison allow korce..so tomar er theke 1 ta
    word o besi kora jabena copy…this is a special case!

    answer korte hbe to the ppint e ..u can use bullet and follow the suggsteed answer..these are
    collage work

    Structure would be—

    Introduction- 50 word

    Task 1 – 450 word

    a) (1.1) Describe the sources of initial finance needed when setting up a new business.

    Hints: Short term finance: grants; loans; savings;


    Long term finance: investors; shareholders; loans; venture capital

    b) (1.2) Describe the sources of finance needed when running a new business:

    Hints: Bank – overdraft, loans;, trade credits; factoring; leasing

    Task 2- 230 word


    Continuing with the scenario prepare a report for the following task. Use specific
    examples/scenarios

    a) (2.1) Describe the sources of financial advice and guidance available for business
    enterprises

    Hints: Enterprise agencies; trade unions; Government/local Council websites; HMRC; banks

    Task 3- 230 word

    (3.1) Create a 12 month cash flow forecast to enable a business to manage its cash.

    Hints: Opening balance


    Income: sales forecast
    Expenditure: Fixed costs; variable costs
    Task 4- 450 word

    (4.1) Describe the purpose of budgets for a new business

    Hints: Forecasting; resource allocation; motivation; communication; conflict resolution;


    prioritisation; target setting; financial control

    (4.2) Prepare affordable budgets plan for your business

    Hints: Staffing; marketing; stock, office supplies; overheads

    Task 5- 220 word

    (5.1) Produce a set of final accounts using information from the accounting systems of own
    business.

    Hints: Profit and loss account: sales; cost of sales; expenses; overheads; opening and closing stock
    Balance sheet: trial balance; assets and liabilities; capital and reserves; gross and net profit;
    drawings..
    U can take example of the statement and paste as picture and explain it a bit..thats it

    Conclusion : 50 word

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