Role of the Accountant for Golden Steer Case Study - Finance Assignment Help

Assignment Task

Task    

The following topics are to be discussed: · overall profit/loss, · the effect accrual accounting has on this result, · why you depreciate assets, · what is the Matching Principle, · what is the purpose of closing entries. And demonstrating the following professional communication skills: · Industry appropriate terminology · organisation and preparation · confident and positive tone · active listening techniques · appropriate questioning · eliciting opinions of others · paraphrasing and clarification to confirm understanding · identifying legal, ethical and organisational basis for decisions · providing advice · summarising outcomes

Assessment Task: To achieve a satisfactory result, your assessor will be looking for your ability to demonstrate the key skills/tasks/knowledge detailed in the Observation Checklist to an acceptable industry standard.

Instructions 

Assessor Assessment must be conducted in a safe environment where evidence gathered demonstrates consistent performance of typical activities experienced in the financial administration field of work and include access to: · office equipment and resources · computer equipment and relevant software · relevant standards · samples of financial data · workplace reference materials such procedural manuals and company policy · case studies and, where possible, real situations. The student is to play the role of the Accountant for Golden Steer or the owner, S Golden and is to communicate in a professional manner. There is no need to dress in any particular style for this activity. The student will need the final Financial Statements from AT2 and is allowed to bring notes to prompt the question/answer session.

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