Comprehensive Accounting Analysis of a Newly Formed Business

Comprehensive Accounting Analysis of a Newly Formed Business Task details: (Group Assignment 3-4 members). Each group will be given a business case template where they need to demonstrate their understanding of the accounting cycle, basics of business, compilation, and interpretation of financial statements. The groups, from the analysis of financial statements, students should be able to analyse the possible business issues and propose feasible solutions if possible. Students need to identify and analyse the ethical issues, technology advancements and the APES110 that how these various aspects can impact their business. Students should be able to foresee the outlook of their business considering the overall business situation. The group must coordinate and consolidate all students answers into the overall response and final report to be submitted by one student. Each group member should have a copy of the Group List with the contact details, Name, Mobile phone, and email address for all members of the group. Research requirements: Students need to support their analysis with reference from the text that is suitable, reliable, current, and academically acceptable sources Groups seeking Credit or above grades should support their analysis with an increased number of reference sources comparable to the grade they are seeking. Group Work Activity Report: Each group will provide a group work report on how the group has worked together to produce the final report. It should not contain the main deliverable itself in the final report. Each group documents how members discuss, and division of responsibilities and describes how the individual efforts capitalised on strengths The group work report must indicate that a fair and reasonable distribution of work amongst group members was achieved. Periodic information such as emails or diary entries must be inserted into the correct section in chronological order.