Depict how your chosen organisation has been generating cash, investing and financing its operations.

Depict how your chosen organisation has been generating cash, investing and financing its operations.
February 15, 2021 No Comments Assignment Assignment help

This (summative) assignment tests your understanding of the architecture of financial statements and the differences between cash and profit as they relate to key accounting concepts and conventions, and how they influence measuring value in your organisation. Specifically, the assignment tests the following intended learning outcomes: L1. Understand the architecture of financial statements and interpret performance via financial ratio analysis L2. Understand the differences between cash and profit, fixed and variable costs and direct and indirect cost categories L3. Interpret cash budgets, income statements and balance sheets to represent value L4. Interrogate cash flow statements for business signals L5. Understand how key international accounting standards influence the recording of value You have a maximum of 2,500 words to answer the assignment, and you should determine the length of your answers to individual question segments broadly in accordance with the marking schedule accompanying each question. Some questions ask you to relate key accounting concepts and conventions to your own organisation. Should you not currently work in an organisation, you should select one you have previously worked at, or one with which you are familiar. 1 Your chosen organisation’s cash flows are made up of cash flows from operating activities, cash flows from investing activities and cash flows from financing activities. a) Depict how your chosen organisation has been generating cash, investing and financing its operations. You should support your analysis by providing comparative numbers for each of these three elements for the last four financial years in a tabular format. (10 marks) AND: b) It is typically claimed that a statement of cash flows is not sufficient on its own to provide users of financial statements with all the information they will need to assess an entity’s financial position, performance and changes in financial position. Yet, in contrast, it is also frequently said that to any business ‘cash is king’! Critically compare and discuss the above two statements, supporting your answer with appropriate illustrations of specific transactions and events from your chosen organisation.