For ass 1- Analysis percentage of Balance sheet- Analysis percentage of Cash flow statement-...

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For ass 1- Analysis percentage of Balance sheet- Analysis percentage of Cash flow statement- Analysis percentage of Statement of Income- Analysis debtor and creditor value by account receivable and payable ratio- Analysis director’s report in the annual report- Calculate ratio as part BAss 2- Set target for company and also KPIAss 3- Introduce new line of product- Launch marketing promotion- Renovation the store- Identify factor impact company- Assess their impact- Strategies to minimize impact- Strategies for internal communication- Calculate NPVAss 4- Summarize ass 1-3

FNS60217 Advanced Diploma of Accounting FNS50217 Diploma of Accounting FNSACC607 Evaluate Business Performance Prerequisite: This Unit has a Prerequisite FNSACC511 Provide financial and business performance information LEARNER’S GUIDE Mode | Classroom + Online Delivery FNS60217 & FNS50215 | FNSACC607 Evaluate Business Performance Learner’s Guide | V 1.1 | April 2018 Business Institute of Australia | RTO Code 91019 Page 2 of 24 FNS60217 | FNSINC601 Apply Economic Principles to Work in the Financial Services Industry Trainer’s Guide | V 1.0 | June 2015 Brighton Pacific Pty Ltd t/a Australia Institute of Business and Technology | RTO Code 41138 Approved by: Quality Manager | Next Review: Dec 2016 Page 2 of 24 FNSACC607 Evaluate Business Performance Supporting: FNS60215 Advanced Diploma of Accounting and FNS50215 Diploma of Accounting; May also support other qualifications based on respective packaging rules © E-Skills Australia, 2015 Copyright: This document and its contents are protected by Australian and International copyright laws. No part of this document may be reproduced or transmitted in any form or by any means, electronically or mechanically, including photography, scanning, recording or any information storage or retrieval system, without permission in writing from the copyright owner or from E-Skills Australia Pty Ltd. Information and/or resources used from the Commonwealth, government agencies, training.gov.au, public domain information, or any other external sources do not constitute copyright and remain the property of the original authors. All the websites and external resources mentioned in this publication are copyrighted to their owners and E-Skills or author does not endorse the views expressed by them. Web links are used as examples for reference purpose only and may have changed since publication of this resource. E-Skills Australia Pty Ltd ACN: 146 742 369 FNS60217 & FNS50215 | FNSACC607 Evaluate Business Performance Learner’s Guide | V 1.1 | April 2018 Business Institute of Australia | RTO Code 91019 Page 3 of 24 FNS60217 | FNSINC601 Apply Economic Principles to Work in the Financial Services Industry Trainer’s Guide | V 1.0 | June 2015 Brighton Pacific Pty Ltd t/a Australia Institute of Business and Technology | RTO Code 41138 Approved by: Quality Manager | Next Review: Dec 2016 Page 3 of 24 Table of Contents 1. Introduction ...................................................................................................... 4 2. Unit Overview ................................................................................................... 4 3. Competency Standards ...................................................................................... 5 4. Delivery Plan .................................................................................................... 7 Delivery Arrangement ......................................................................................... 7 Delivery Conditions ............................................................................................ 7 Suggested Learner Resources ............................................................................ 11 5. Assessment Plan ............................................................................................. 12 Assessment Method .............................................................................................. 12 Submission of Works ..................................................................................... 15 Assessment Tasks and Schedule ................................................................... 15 The following assessments are planned for this unit; ............................................ 15 6. Assessment Tasks ........................................................................................... 15 Assessment Task 1: ......................................................................................... 16 Assessment Task 2: ......................................................................................... 19 Assessment Task 3: ........................................................

fnsacc607-learners-guide-with-assessment-tasks-3neqa4rm.pdf

Pallavi · Accepted Answer

Assessment Task 1
Part A
1. Evaluation of assets and liabilities from the balance sheet
	 
	(in $ 000)
	Particulars
	2014
	2013
	2012
	Current Assets
	 
	 
	 
	Cash Assets 
	35903
	26441
	20691
	Receivables
	164
	6397
	808
	Inventories
	19013
	14569
	13649
	Other Financial Assets
	8
	852
	-93
	Other Assets
	92
	286
	602
	Total Current Assets
	55180
	48545
	35657
	Non Current Assets
	 
	 
	 
	Deferred Tax assets
	0
	1194
	1204
	Property, Plant and equipment
	22868
	22047
	14573
	Intangible assets
	2378
	2378
	2378
	Total non- current assets
	25246
	25619
	18155
· Cash assets have showing an increasing trend from 2012 that means the company is able to manage its cash operations efficiently.
· The value of receivables has highly jumped in 2013 but again it is drastically decreased in 2014 which means there was major difference in debtors.
· Inventories are showing an increasing pattern since 2012
· In 2012, other financial assets were in negative figure. However, in 2013 the figure has become positive and showed a high jump. Again in 2014, the value of non financial assets has reduced.
· The value of other assets was constantly decreasing from 2012.
· Deferred tax assets have came to negligible value in 2014 when the same compared from the last two years.
· Property, Plant and equipment have increased slightly in 2014 and 2013.
· The value of intangible assets is same from 2012 to 2014.
	 
	(in $ 000)
	Particulars
	2014
	2013
	2012
	Payables 
	27407
	23465
	17911
	Current tax liabilities
	2367
	3804
	1636
	Provisions
	1379
	1209
	979
	Current Liabilities
	31153
	28478
	20526
	 
	 
	 
	 
	Provisions
	1972
	2335
	2433
	Deferred tax liability
	409
	255
	0
	Borrowings
	6762
	6762
	3500
	Non Current Liabilities
	9143
	9352
	5933
	 
	 
	 
	 
	Contributed Equity
	3364
	3364
	3364
	Reserves
	-35
	685
	11
	Retained Profits
	36801
	32285
	23798
	Total Equity
	40130
	36334
	27173
· The amount of Current tax liabilities has increased in 2013 but slightly decreased in 2014.
· The amount of Payables and Provisions has delivering an increasing trend since 2012 which means the company is purchasing more products.
· Deferred tax liability reflecting an increasing trend since 2013. In 2012 there was no deferred tax liability.
· In 2013, the borrowings have increased by two times. However, since 2013 the amount of borrowings was stable that means the company has not taken any further loan from the outside party.
· There is no difference in the value of contributed Equity.
· There was a high jump in the value of Reserves in 2013 but the same trend cannot be seen in 2014. The negative value has been seen in the 2014 which is the worst year when compared from 2012 and 2013.
· The value of retained profits is following an increasing pattern from 2012.
2. Cash flow analysis
	 
	Amount ($ 000)
	Particulars
	2014
	2013
	2012
	Cash flow from operating activities
	 
	 
	 
	Receipts from customer
	166298
	135762
	123726
	Payments to Suppliers
	-139104
	-112338
	-108402
	Interest received
	1124
	992
	977
	Income tax paid
	-5902
	-4713
	-3448
	Cash flow from operating activities
	22416
	19703
	12853
	 
	 
	 
	 
	Cash flow from investing activities
	 
	 
	 
	Purchase of Property, Plant and Equipments
	-2933
	-9268
	-2203
	 
	 
	 
	 
	Cash flow from financing activities
	 
	 
	 
	Payment of dividends on ordinary shares
	-9720
	-7695
	-7290
	Proceeds from borrowings
	0
	3262
	0
	Interest Paid
	-301
	-252
	-221
	Cash flow from financing activities
	-10021
	-4685
	-7511
	 
	 
	 
	 
	Net increase in cash held
	9462
	5750
	3139
	 
	 
	 
	 
	Add: Opening balances
	26441
	20691
	17552
	 
	 
	 
	 
	Closing Balance
	35903
	26441
	20691
· Receipts from customer showing an increasing trend from 2012 which means that the company is able to collect its cash from their debtors. Further, increase in sales has also increased from 2012.
· Payments to Suppliers have increasing since 2012 which means the company is purchasing their products on credit basis.
· Interest Received is increasing since 2012.
· Income tax paid has following increasing pattern from 2012 which means the income of the company has increased and so the tax amount is also increasing.
· In 2013, the company has purchased more Property, Plant and Equipments when compared in 2012 and 2014.
· Payment of dividends on ordinary shares is increasing since 2012 that means the rate of dividend has increased from 2012.
· In 2013, the company has taken borrowings for smooth functioning of the business. In 2012 and 2014 there were no borrowings.
· The value of Interest paid is showing an increasing pattern since 2012.
3. Cost and Sales Analysis
	 
	Amount ($ 000)
	Particulars
	2014
	2013
	2012
	Revenue from sale of goods
	141442
	127431
	109391
	Cost of goods sold
	-56019
	-49925
	-42883
	 
	85423
	77506
	66508
· The sales of the company have following an increasing pattern from 2012.
· As sale is increasing hence cost of goods sold would also increase in the same way.
4. Debtor and creditor values analysis
· The value of receivables has highly jumped in 2013 but again it is drastically decreased in 2014 which means there was major difference in debtors.
· The amount of Payables and Provisions has delivering an increasing trend since 2012 which means the company is purchasing more products.
· If the company give more credit period then it is not impossible to manage its suppliers and satisfy themselves as per the given conditions.
5.

For ass 1- Analysis percentage of Balance sheet- Analysis percentage of Cash flow statement- Analysis percentage of Statement of Income- Analysis debtor and creditor value by account receivable and...

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