Statement of advice with a covering business letter

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Reference no: EM133770472 , Length: word count:1500

Financial Reporting

Assessment - Statement of Advice

Assessment - Provision of advice on accounting issues

Your Task
Analyse client information using the information and questions raised by the CEO, and present the findings in a Statement of Advice with a covering Business Letter.

Assessment Description
Assume that you are part of a team of graduate accountants working for an independent consulting & accounting firm. The Manager of your firm has asked you to prepare a statement of advice in response to an email received from a client, raising accounting issues

You should address all the technical issues/discussion in the statement of advice, followed by a Reference List.

For each issue, you are expected to:
Identify the facts and accounting topic
Apply the relevant legislation, accounting standard and/or process
Make a recommendation and/or summary of the correct accounting treatment.

Assessment Instructions
The assignment will need to be submitted as a word document electronically through MyKBS - use the link under "Assessments".
Any work which has been copied or shared between students will result in a Fail grade for all students concerned. Therefore, please make sure that the answer to this assignment is your work and not copied or bought from any source. In completing this assignment make sure you follow the guidelines for assignments especially those relating to the presentation of written work, late assignment policy and academic integrity.
Please refer to the Assessment Marking Guide to assist you in completing all the assessment criteria.

Referencing
Any sources that you use need to be acknowledged in order to avoid plagiarism.

Reference no: EM133770472

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