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Assignment Clearly identify and give a 200-word overview of your organisation at the beginning of your assignment. This should describe the industry within which it operates, the type of organisation that it is and where it has a base or bases, its main aims and objectives, products and services. You will not be marked on this overview nor is it included in your word count, but it is a mandatory part of your assignment and will give your examiner the context they need to assess your work. Task 1 20 Marks Discuss the main accounting statements that will be prepared by this business and who the main users of these statements will be and what aspects of the statements they will be interested in. Task 2 20 Marks By referring to the accounting statements for this organisation analyse the main items detailed within assets and liabilities sections and make a judgment on the companys ability to meet its financial obligations. Task 3 20 Marks Refer to the financial data provided in the document titled Financial Data for Introduction to Finance and dated for the relevant assessment cycle. Assume that this financial data is for your chosen company and reflects the type of business you have described in Tasks 1 and 2. Using this data, prepare a revised budget statement, to reflect that the organisation had understated its volume of output by 50% when compared to the actual volume. Use this data to evaluate the performance of this organisation. This business has 2 bases, and you must use the accounting results for the year ended 31 October 20X1 to identify the volume which has been used by each of the plants in order to recover the fixed overhead. Do NOT use financial data from your chosen companys real financial reports. Refer ONLY to the financial data provided Task 4 20 Marks Discuss the key considerations for your chosen organisation when preparing a cash flow forecast for internal management control based on the type and size of this organisation. Within your answer you are required to provide an explanation of the different cost categories and an explanation of the role of variance analysis in monitoring actual performance against the forecast. Page 4 of 5 Introduction to Finance NCC Education Limited 2022-24 Task 5 10 Marks With respect to the type and size of your organisation, explain with detailed justification the most appropriate type of costing technique that they would use. Task 6 10 Marks Use your analysis and findings from your work so far and reports of your chosen organisation, to describe the different types of assets held by the organisation and recommend the most appropriate method of depreciation for each. Justify your response

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