Addressing the accounting issues raised by the client

Assignment Help Financial Accounting

Reference no: EM133773824 , Length: word count:2000

Advanced Financial Accounting

Your Task

Prepare a Statement of Advice (SoA) that addresses all the questions raised in a letter.

Assessment Description
You are a graduate accountant and now working for Kaplan Partners, an independent consulting & accounting firm located at 63 Elizabeth Street, Sydney, NSW 2000.
The Senior Partner, Ms. Kiran Shrestha, has called you into her office and handed you a letter from a client requesting advice on transactions recently taken place.

Kiran has asked you to draft a letter or Statement of Advice (SOA) for her to review.

Assessment Instructions
Prepare a Statement of Advice (SoA) addressing the accounting issues raised by the client. The maximum length for the SoA is 2,000 words (+/- 10%).

Analysis and Recommendations: Review the client's letter to identify the correct accounting treatment for the transactions mentioned. Justify your recommendations by citing specific paragraphs from the relevant Accounting Standards.
Communication and Presentation: Clearly outline the identified issues and your recommendations. A professional format and presentation of the Statement of Advice is critical.
For a better understanding of how your work will be evaluated, check the marking criteria on page 5 and 6.

Reference no: EM133773824

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