Accounting Report

You will prepare a report to Revive Marketing interpreting the profit/ loss result and providing recommendations using critical thinking in appropriate report style. The word limit is 500 words and penalties apply for reports under/over word limit (up to10% variation on the word limit will be accepted). You MUST follow the structure of a formal report below and refer to the additional Report Instructions and Template on Blackboard as there are certain extra facts to discuss):

Title Page
Executive Summary
Table of Contents
Introduction
Discussion
Conclusions
Recommendations
References
Report Instructions:

The object of this report is to assist students to develop critical thinking skills and business report communication skills by writing a short business report. This report is to be written after completing the accounting practice set. Consider you (the student) are the accountant for Revive Marketing. You will be writing this report to the owner of the business, Mr Alan Longer, to assist him with decisions he must make regarding the future of the business.
The word limit is 500 words and penalties apply for reports under/over word limit (up to10% variation on the word limit will be accepted).
The report will advise the owner of Revive Marketing on the performance of the business for April 2014. It will discuss alternatives available to Mr Alan Longer on the future of the business and the implications of these various alternatives.
The report will draw conclusions from the data available and make recommendations to the owner. When writing the report please take into consideration the following information:
• Alan is considering changing some of his marketing software from the current desktop software to cloud based software but is unsure of the advantages and disadvantages.
• Because Alan has little experience of accounting, the full time staff member handles all the cash and banking duties and prepares the bank reconciliation each month.
• The accounting reports are currently prepared at the end of each month. Because of the cost, Alan is considering requesting that the reports are prepared only quarterly (every 3 months) as that will reduce his accounting fees.
• Alan aims to achieve an annual profit of $185,000 and seeks your advice whether he is currently on track to achieve this and if not, suggested strategies to ensure that the annual profit could be achieved.

BACKGROUND AND FACTS

Alan Longer is the owner of Revive Marketing, a management consultancy business that he established several years ago, after graduating from the Queensland University of Technology. He operates the business as a sole trader.

He provides marketing consulting services to clients in a broad range of industries and has received several industry awards for his professional services. Revive Marketing currently employs a full-time graduate and utilises other casual staff as needed.

The business is operated from rented office space in South Brisbane, close to the CBD, where it has a 5 year lease.

He has a variety of clients and he offers them different payment terms depending on the size and industry of the client as well as the size of the work that is to be undertaken. Some established clients are offered either 14 or 30 days credit. Other clients are required to pay a deposit before the work is commenced. For new clients, Alan insists on the entire balance being received by cheque before the work is undertaken.

Some years ago, he borrowed money from ANZ bank to upgrade the office and computer equipment and to develop a website to advertise his services. The loan of $60,000 is repayable over 10 years. The portion of the loan repayable within 12 months is classified as a Current Liability on the Balance Sheet and the remainder of the loan owing is classified as a Non-Current Liability.

The business records of Revive Marketing are prepared on an accruals basis. Alan submits his Business Activity Statements quarterly on a cash basis to the Australian Taxation Office.

 

Report Structure Template

A report is a clearly structured document that presents information as clearly and concisely as possible. Reports should be easy to read and professional in presentation and contain the following order of presentation.

Title page

This page should include:
• the report title, which states the report’s purpose (examples include: ‘How to improve your profits’, ‘Improve business performance’. These are example titles, please choose your own report title
• your name/s and the name of the person (and business) receiving the report to be placed in the bottom right-hand corner
• the submission date.
Executive summary
An executive summary is one paragraph that provides the reader with a brief overview of the entire report, including its purpose, context, major findings, conclusions and recommendations. This should be the last item that you write once your report has been completed. (approximately 50 words).
This is placed on a separate page between the title page and the table of contents.

Table of contents
Lists the main sections (headings) of the report, and the page on which each begins.

Introduction
The introduction should:
• define the purpose of the report
• outline the issues to be discussed (scope) and their significance (eg. Analysis of business performance)
• inform the reader of any limitations to the report, or any assumptions made
(approximately 60 words)

Discussion
This contains the main substance of the report, organised into sections with headings and subheadings rather than paragraphs. The body of this report should include the following:
• A description of the issue or situation which is being reported on.
Hint: As this report will be using data from the Income Statement, give a brief introduction to the topics of accounting and financial statements, and the purpose of the Income Statement. Confirm whether the business has made a profit or a loss. Discuss the initial steps a business would take to increase profit (ie. Increase fee revenue and/or decrease expenses). What implications may arise when steps are implemented to increase profit? (approximately 300 words).
You should appropriately reference one or more reference materials in this section (eg. textbook, lecture notes, etc.) Remember this is a professional document so ensure the reference is a reputable source.
You should consider and discuss the additional information that Alan has provided including the cloud computing option, banking, quarterly reporting and annual profit goal.

Conclusion
This summarises the key findings from the discussion section. Relate your conclusion to the objectives of the report and arrange your points logically so that major conclusions are presented first. (approximately 40 words).

Recommendations
These are 1 or more suggestions about what the business could do in the future. They must be realistic, achievable and clearly relate to the conclusion of the report. (approximately 50 words)

Reference list
This must contain all the material cited in the report. It must be accurate and consistent with a standard referencing style. Refer to QUT APA Reference Guide for Students 2013 and www.citewrite.qut.edu.au. Your one or more reference/s may include for example the prescribed textbook, lecture notes etc.
Example report structure
(Note that this is an example only. Your table of contents will be different)
Title Page
Executive summary
Table of contents
1. Introduction (Choose sub- headings if you wish as this is your creation)
2. Discussion (Choose sub- headings if you wish as this is your creation)

2.1 General
2.2 Income Statement
2.3 Balance Sheet
2.4 Other considerations
3. Conclusions
4. Recommendations
5. References

*All the data information will be provide in an excel document.
* The report should be have 4 references inclunded

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Accounting

Module 3 – SLP

Income Statement
We are using the same company as in the second module. However, you need to consider some additional information.
•One client had indicated that they were interested in purchasing $42,500 worth of products, so the bookkeeper recorded the transaction. However, the client has not actually committed to the purchase.
•The bookkeeper already corrected the sales account. However, the bookkeeper may have made a mistake when computing cost of goods sold. She included total production costs for 2012 and did not adjust ending inventory for the $42,500 worth of units left at the end of the year. The amount of ending inventory was determined using a physical count.

 
Nybrostrand Company

 
31-Dec-12

 

 

 
Trial Balance (accounts in alphabetical order)

 

 
Debit
Credit

 
Accounts payable

 
78,000

 
Accounts receivable
36,500

 

 
Cash
30,000

 

 
Common stock

 
10,000

 
Depreciation expense
24,350

 

 
Cost of goods sold
307,000

 

 
Equipment (net of depreciation)
415,000

 

 
Insurance
1,400

 

 
Inventory
34,000

 

 
Long-term debt

 
127,000

 
Marketing
4,500

 

 
Paid-in capital

 
50,000

 
Property taxes
16,900

 

 
Rent
28,000

 

 
Retained earnings

 
?

 
Revenues

 
586,000

 
Salaries
78,500

 

 
Utilities
6,700

 

 

 

 

 

 
Total
982,850
851,000
SLP Assignment Expectations

Prepare an income statement for the company in good format. Always include the name of the company and the period covered in the title. Don’t forget dollar signs where appropriate. You do not need to include the balance sheet. Consequently, you will not need all the accounts listed above. How does the income or loss compare to the original income statement? Explain the importance of the matching concept.

The submission should be 2 to 4 pages and need to include answers to all the questions listed above. Show computations, discuss the results and include references in APA format.

 

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federal government expenditures

First, read http://www.northseattleonline.org/ECON202TC/lectures/lectureIII.htm and http://www.northseattleonline.org/ECON202TC/reading/readingIII.htm
Part A:
a. What and why might a negative impact on investment spending occur when the federal government expenditures become far greater than tax collections. (Your answer should refer to the injections equal leakages equation. Your answer should also address the negative impact on the multiplier process.)

b. Under the scenario above, describe what happens in the loanable funds market. (Your answer should refer to supply and demand curves and the change in equilibrium in the loanable funds model.)

c. How is international finance impacted under the same scenario as ‘a’ and ‘b’ above. (Your answer should refer to supply and demand curves and the change in equilibrium in the foreign exchange market model. Your answer should also refer to the balance of payments.)
Remember that your goal is to demonstrate how the questions’ answer connects to what you are learning. Write a very thorough answer to each question.
Part B:
News Analysis Assignments
You are required to find a news article from the world-wide-web that relates to the material that we have been recently learning. This means that your research and writing should be about the principles of the course from the section that was most recently covered. (You are not allowed to do a news analysis on a future section that has not yet been covered nor a past section.) Connect to the principles of the course that you learned during the previous week!
Your goal is to show how an article can connect (can be analyzed) by the principles of economics. Your effort toward this goal is evaluated.

1. Composition
Try to read an article perhaps from sources that are linked to EconExpress(http://northseattleonline.org/thcookhub/common/econexpress.htm) – a website established to direct students to economics oriented articles. (Admittedly, there are few odd periodicals, but a substantial number of links are associated with news and magazines that publish the types of articles that are appropriate for college students of economics.) If you cannot find appropriate articles at EconExpress, then you are welcome to do your own search. The articles should have been recently published.

250 words minimum must be written.

The first line of your composition – type the topic of the news you are analyzing – do not use the headline from the researched article.

On the next line, put the name of the news source and the web address (url) where the article can be found. (The url must be specific enough so that other students could go to the very place and read the same article that you read.)

The first paragraph should contain one or two sentences summarizing in your own words what you read. (You may not use phrases, sentences or quotes of any kind from the source article in the first two sentences or any sentences in your composition.)

The next paragraphs should explain in your own words how the article connects to what you have been learning. You need to connect to the most recent principles that you have learned from the section of the course most recently completed. REQUIRED: You must use terms/principles from that section of the course. Please type the terms in bold (or use CAPS) as seen in the example(below).

News Analysis – Composition Example
Subject/Post Title: President’s Proposed Defense Budget Illustrates Decision Making with Limited Resources (Place a discriptive title here.)
Source: CNN (Name the news or magazine source.)
URL: http://www.news/source/example.htm
(Use a specific url so that the reader can find the article with only one click.)

The President contends that the defense budget needs to increase by next year to a total of $344 billion. He wants to increase spending in order to provide better compensation to military personnel and to provide more equipment for military readiness. (The first two sentences summarize in your own words.)

Military personnel are labor, and equipment is capital as defined in this course. They are part of the stock of limited resources available to address the unlimited wants of individuals and society. In this case they would help produce military preparedness (i.e., national defense). This issue involves decision-making by the government in the face of economic problem of scarcity. The government has to decide whether or not the increase in the defense budget is efficient. The problem is that by increasing the defense budget, an opportunity cost occurs. The article identifies the dollar expenditures associate with additional defense, but it does not speculate on the real opportunities forgone. That is, since resources are limited, the decision will either a) reduce other government service or require future taxation of citizens and, therefore, a reduction in privately consumed goods and services.
The marginal benefits should include a better-equipped and prepared military that will be more able to defend the country. To make a good decision, political leaders need to fully understand the marginal benefits of national defense vs. the opportunities foregone. If the expected marginal benefits are greater than the expected marginal costs, the decision would seem rational and a net benefit to society. If not, the decision should not be taken because it is inefficient. (The terms and principles are bolded or in CAPs.)

 

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Managing in a mixed economy

It is not possible to give a prescriptive outline for this work as each of you will select a different case study and a different combination of topics form the module to use in your analysis and evaluation. For the same reasons it is not possible to suggest generic models or specific theories other than to point you at the extensive suggested readings provided in the Module handbook. The following guidance is generic and should be read in conjunction ion with the assessment criteria for the task also published in the handbook.

Identify a particular case of partnership arrangement to deliver some form of public service or facility. This might be a PFI scheme to build and run a prison, to build and/or run a hospital or build, manage and maintain a road. It might be some management service contract to improve and maintain infrastructure such as street lighting over an extended period or local authority outsourcing contracts for refuse and recycling services. Other local projects involving parts of the third sector and social enterprises, possibly in partnership with a local council would also provide suitable case studies. If you are in any doubt about the suitability of your case study, check with me or another member of the Module Team.

It is also important that you choose a project about which you can access a reasonable amount of information. Set out a description of the project including facts and figures regarding cost, length of contract terms and conditions etc. in approximately 700 words – this is your case study.

This is a final year assignment so it must be in a high academic level, based on United Kingdom public sector research and understanding of the module theory. Preferable if the writer is from the United Kingdom.I will upload various of files to understand the module and please READ ALL OF THEM!!The assignment require you to choose three or two topics to use and its up to you read MME file. will help you structure the assignment use the instructions.

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Purification of a Solvent

Main sections: Introduction, materials, procedure, results and conclusion. Please include a COSHH sheet separately before the Bibliography page. The report should be written in third person. Please leave out the title page.

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MAE 101 Principles of Economics

ASSIGNMENT
Trimester 1, 2014
DUE DATE: Place in Your Lecturer’s Locker no later than 5pm, Friday 9 May 2014
Australian New Car Market
Your Objectives: To demonstrate your knowledge of economic theory
To demonstrate the skill of applying economic theory to a practical situation
To demonstrate research skills, including correct citing and reference listing.

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Business ethics in a global environment

these two articles will be uploaded:

Paragraph 1-Case summarize:
Please cover the followings:
-Comprehension of the main issues
-What is this text about?
-What is the main issue or problem raised in this text?

Paragraph 2: Problem addressed from the Author
-How does the author address the problem? (20%)
– Comprehension of the problem to be addressed

Paragraph 3: conclusion and recommendation of the text
What is the main conclusion of this text? What recommendations are offered? (20%)
-Evaluation of recommended solution.

Paragraph 4: strengths and weaknesses of the main arguments
-What are the strengths of the argument(s) presented in this text?
-What are its weaknesses? Briefly state the reasons behind your evaluation. (20%)
– Clearly state which part is reporting the case, and which part is your own observation.

Paragraph 5: Reflection on own learning
How has this text contributed to your understanding of business ethics? State up to three most important things you have learnt after reading this text. (20%)
-Reflection on own learning.
1 extra source for one of the summary, excluding the article itself, please one references list for each of the reading.

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Psychology

This essay has to be about Tom Hanks, the character of the movie Cast Away and why or how achieved a certain/particular stage(s) of Maslow’s hierarchy of needs in the movie Cast Away.

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INTRODUCTION TO CRIMINOLOGY

6.1 CRITICAL THINKING – RULES
ASSIGNMENT: We are hearing about more and more stories of parents killing their own children or a close friend’s child. Why are they doing this and is it really insanity that causes them to do this? This paper is a critical analysis of crime versus the Insanity laws. The focus of this assignment is on the murder of young children by a parent or close friend. Your finished paper should be at least two full pages in length.

You must go outside of your book to complete this assignment. You may choose to interview someone or read a reliable article. You must use a minimum of one peer reviewed article from the virtual library. Directions on how to obtain a PEER REVIEWED article from the Virtual Library and how to source in APA format is in the “Start Here, Syllabus, Syllabus again, Assignments & Grading, Description of Student Assignments, PowerPoint” link on Blackboard.

THE PAPER:

REQUIREMENTS: The paper should be at least two full pages in length, typed and double-spaced throughout using TN Roman or Arial size 12 pt font. Be sure to follow the Header guidelines, source your information using APA in-text citations, and include a References page also using APA format. Directions on how to do a header is in the “Start Here, Syllabus, Syllabus again, Assignments & Grading, How to do Assignments in Blackboard” link on Blackboard.

CONTENT: When we hear about a parent who kills their child it affects us deeply. We ask ourselves, how can someone do this to his or her own child, or to any child? The answer back from the defense side is “Insanity”.

This paper will take you into the different rules and laws that have been created to deal with insanity (pages 138-143).
1. Analyze the background of a particular/actual parent who killed their child. Discuss the typologies and the prognosis. Why did they do what they did?

2. How should the Criminal Justice System deal with these types of cases? Should parents who kill their children have an opportunity to declare insanity? Why or Why not?

3. Pick two of the tests/rules/laws included on pages 138-143 and discuss the positive and negative aspects of each of the two you chose.

Submit your answers.
When you have completed the assignment, save a copy (using Microsoft Word) for yourself in an easily accessible place and submit a copy to your instructor through the Blackboard link.

POINTS: 30

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Labview

One of the goals of ECE 382 is to promote life-long learning.
We learn new computer languages like Labview by applying the structures and program formulations that we used in previous languages to the new language.
Write a 5 – paragraph essay describing how learning other languages such as C and Matlab prepared you to learn how to use Labview and how that will help in the future.
For info on writing a 5-paragraph essay and the grading rubric that will be used, see:
http://uhaweb.hartford.edu/nagurney/five-paragraph-essay/home.htm

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