• Reasons for and against cash flow analysis
  • There are reasons as to why Castle nursing home requires keeping a cash flow analysis. First, cash flow analysis helps in determining imbalances on cash allocation and since it the work of the cash flow to help the management of the organization in maintaining balance in the cash allocation. The other significance for performing cash flow analysis is that it helps in determining whether the resources available in the business can sustain the business in terms of operational costs (Moyer & Moyer, 2012, p.341). Cash flow analysis will also help the organization in tracking payment of employees. Incase the organization has any loan the financial institution will require a cash flow analysis from the business organization.

  • Name and background of Organisation:
  • Plan4Wealth Pty Ltd
  • Plan4Wealth is a boutique Financial Planning practice who work with people to help them understand their overall financial goals, develop comprehensive strategies to help them achieve them and work with them year after year to ensure their goals are met.

  • The practice currently employs 11 staff which include 6 Authorised Representatives (financial planners) and 4 administration staff.

    Plan4Wealth have offices located in Boronia, Moe and Pakenham (head office)
  • What Industrial awards and/or contract information will be used to calculate gross pay and annual salaries?
  • Bank Finance and Insurance Award 2010 – Modern Award Number MA000019
  • This award covers employers throughout Australia who are work in the banking, finance and insurance industry.
  • Outline government legislation that the organisation must follow when managing payroll:
  • Effective 1st July 2009, most employers in Australia are governed by the Fair Work Act 2009.

  • Assignment
  1. What is the difference between Managerial Accounting and Financial accounting?
  • Managerial accounting refers to use of accounting information by managers in order to help them in making decisions that will be of an advantage to the organization.
  • Financial accounting refers to financial reports indicating an organizations performance from external users like investors and creditors.  
  1. Describe the Value Chain Analysis
  •             The value chain analysis refers to the sequence in which customers are included in providing strength to the products of an organization. The value chain consists of the following elements;

  • Ethics and Firm's Goals & Cash Flow
    1. Can goals like avoiding unethical or illegal behavior be in conflict with the goal of the firm? How does this complicate the agency problem? Fully explain your reasoning in at least 200 words.
  •             Goals like avoiding unethical or illegal behavior cannot be in conflict with the goal of the firm. The reason is that an organization that operates ethically has many advantages including avoiding fines and litigation (Ross, Westerfield & Jordan, 2006). An organization that operates ethically creates a competitive environment and has the ability to protect or increase capital value. The disadvantages that come with an organization operating in unethical behavior include lower productivity of the firm’s output. In addition, unethical behavior results to employment of many unskilled employees because of corruption practices. Lower financial performances are a result of unethical behaviors that may occur in an organization.

  • Advanced Financial Accounting Theory and Analysis: Forward Exchange Contracts
    1. Describe a fair value hedge and discuss how to account for forward exchange contracts that are entered into for fair value hedges
  •      There is a great exposure to change in fair value of a recognized firm’s commitment resulting to a certain risk and could affect the profit and loss in the operations of the firm in a fair value hedge (Deloitte, 2007). Fair value also refer to the exposure to changes in value of unrecognized firm participating in certain contract or an identified portion of liability that is exposed to a particular risk and may contribute to the change in profit and loss in the firm’s operations. In this type of hedges, there are various income generator ought to recognize the financial gains on the hedging instrument.

  • Managerial Accounting
  •             After the end of this course, I have managed to achieve a lot about the information in all the modules. At the start of the course, I had numerous objectives that I targeted to achieve by the end of this module. One of the objectives was to learn how to identify the various global trends in managerial accounting. The second objective was to learn how to demonstrate knowledge of transfer pricing strategies. Through the course, I have managed to obtain the following knowledge and experience in relation to managerial accounting.

Get in Touch

If you have any questions or suggestions, please feel free to inform us and we will gladly take care of it.

Email us at support@essaycyber.com

Ah wait, ..Did we mention that we've just added new features to our system?

Place your order today for free and
get access to the best writers in the industry 
plus discounts of upto 70%. 
The more orders you place,
The higher the Discounts 


Place Your Order Now!

* Terms and Condition apply



  Working. Please Wait...