- ECM2201 SDOF & MDOF System Analysis Report
- EMS622U Sustainability Assessment for Product Design: Environmental, Economic, and Social Indicators | Report
- M33984 International Marketing Plan | Report, Assessment 2
- D/615/3823 Roles & Responsibilities in Health and Social Care, Qualifi Level 3
- ACCA7028 Data Security, Governance and Compliance for NatureGarden (NG) | Level 7, Report
- ACCA7027 Cloud Computing: Docker Containerisation, Load Balancing, and Serverless Functions, Level 7
- ACC9700 Financial Analysis and Decision Making Report for BGC Ltd
- Playfair Cipher: Encryption, Decryption, and Security Improvments | Report
- Portfolio Management and Security Analysis 2025 | Report
- NURS07043 Community Health and Social Care (CHSC) Profile of Scotland | Report
- Childhood Education- Social Construct, Key Influences, and Sociological Perspectives | Report
- M33118 Configuring and Studying ASA Basic Settings and Firewall Using CLI
- Work-Life Balance and Employee Well-being at Apex Construction Ltd Case Study Report
- Organisational Performance In Automobile Industry | Report
- BAM42004: Change Management Report for Organisational Growth and Competitive Advantage
- Unit 24 Structural Analysis Report – Pearson BTEC Level 3 Engineering – Simply Supported & Cantilever Beams
- Internal Combustion Engine Simulation Report
- Fluids Laboratory Data Wrangling : Architectural Engineering Report, UK
- QHO320: You are required to produce a budget report, complete with analysis and commentary, on a given scenario: Understanding Finance, Budget report , SU, UK
- A description of the structure of each organ in the digestive system including mechanical: Structure of the Human digestive system and nutrition Report, UK
prepare a business report for presentation to a group of international business investors who are concerned about the proliferation of accounting scandals: Unit 21: Financial Reporting Report, ICL, UK
| University | Imperial College London (ICL) |
| Subject | Financial Reporting |
Vocational scenario
Organisation:
AASC Auditing Firm Company Limited (AASC) was formerly known as Auditing and Accounting Financial Services Company Limited (AASC). AASC is one of the first two largest legal organizations in Vietnam operating in the field of auditing, accounting, financial advisory, tax advisory and corporate valuation. Currently, AASC is headquartered in Hanoi with a branch in Ho Chi Minh City and in Quang Ninh province.
Role
You have recently joined AASC as a junior auditor who will be likely to perform the following tasks during your first year: Confirm that the company’s record of its cash balances agrees with the bank.
Sending out requests to customers in order to a certain that trade receivables exist. Checking that the company owns the fixed assets that it claims it has in its accounts (e.g. buildings, machinery, computers and cars) and that these are recorded at the correct value.
Ensuring that the list of company suppliers is complete.
Helping with the review of the statutory accounts.
Attending a stock-take to observe the company’s methods for recording stock and test-counting a sample.
Assignment activity and guidance
Your line manager has asked you to prepare a business report for presentation to a group of international business investors who are concerned about the proliferation of accounting scandals relating to international firms which have been in the news. Members of the group are anxious to understand the context and purpose of financial reporting as well as its regulatory framework.
Your report will:
1. Critically analyse the context and purpose of financial reporting for high organisational performance.
2. Identify the main stakeholders of an organisation and analyse how they benefit from financial information.
3. Make justified recommendations for improving financial reporting and performance.
4. Examine the purpose and significance of regulatory frameworks for organisational financial reporting.
5. Critically evaluate the impact of regulatory frameworks on the organisation in its operating environments to meet objectives and deliver on strategies.
6. Consider the benefits and disadvantages of IFRS over a national regulatory framework.
7. Make justified recommendations for ways in which the organisation and key stakeholders can successfully respond to regulatory frameworks in complex operating environments.
Buy Answer of This Assessment & Raise Your Grades
Get top-quality report writing service on Unit 21: Financial Reporting from the Students Assignment Help UK. we have a team of capable report writers who produce comprehensive reports on finance assignments so that you will get a higher rank at the cheapest price.
Answer
