Reference no: EM133094720 , Length: word count:500
FINA1149 Finance for Non-Finance Managers - University of greenwich
Case Scenario Brief and questions
Assessment 1 - Instructions
Please read the following case scenario brief and complete the questions after it. The report has a wordcount limit of 500 words and there is penalty of a deduction of 5 points from your final mark if you go outside the wordcount limits. References are not included in the final wordcount
Case Scenario - You are a small business adviser working for a business agency which has been set up by the government in association with the local authority, in order to encourage business enterprise. Janice Singh has arranged to see you to talk through her idea for establishing an office cleaning business. At the first meeting Janice asks you to explain to her the role of accounting in her business and the key financial statements and what they do in the business since she wishes to go to her bank for a loan and wants to appear professional.
Question: Using the topics we have covered over the first five weeks of the Term please provide Janice with a short report on the role of accounting, the statement of financial position/balance sheet, profit and loss statement, cashflow statement, and management and cost accounting so she understand these concept. Please use at least 3 but no more than 5 reference sources in your answer.
Conclusion - In 2-3 sentences. Tell Janice the importance of preparing regular statements and who may be interested in seeing these.
Attachment:- Finance for Non-Finance Managers.rar
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