MAA103 | Accounting for Decision Making Assignment Three

Home Assignment Answers MAA103 | Accounting for Decision Making Assignment Three

Accounting is the main concept which is utilized to maintain the records or the businesses, whether the company is small or large. Accounting is known as a language of business through which the information related to an entity of business is communicated. Accounting is also considered as an art because it needs the utilization of creative judgment and skills. It is processing, measurement and communication of financial information regarding economic entities like corporations and businesses. Students consider this concept very complex and difficult. Accounting for decision making is one of the main modules which is studying by many students of Australian Universities and assigned with several writing tasks related to this. For this, many students are looking for accounting for decision making assignment help from professionals to complete their writing tasks effectively.

Learning outcomes from Accounting for decision making

Different learning outcomes related to this specific concept are as follows:

  • The students should be capable of defining the nature as well as the aim of the financial statements.
  • The students should be capable to understand and apply the rules as well as conventions underlying the preparation of major reports regarding accounting.
  • The students should be able to analyze the managerial and financial decision making as well as several types of information regarding accounting that supports all these decisions.

What types of skills required to improve for this specific concept?

In respect of several problems regarding accounting, to:

  • It must think critically related to managerial and financial accounting theory, techniques as well as tools.
  • It must evaluate, interpret and analyze the relevant accounting information.
  • It must apply the theory and practice related to the analysis of financial statement.
  • It has to use the skills regarding problem-solving.
  • It needs to articulate responses, either in written or oral form.

How to do accounting and decision making an assignment to make formal business plan report?

Title Page: This is the first page of assignments in which students have to give the name of assessment, student id and other important details.

Table of Contents: It involves the list of all the parameters that are to be covered in the assignment.

Executive summary: In this section, you have to define the mission of the organization and provide the summary regarding finances, operations and marketing of specific organization only.

Background: In this part, you must define the detail regarding the business of the organization along with the definition of the business strategy used by that organization to run its business effectively. Apart from this, you have to elaborate the ownership and legal structure regarding the organization’s business along with proper justification.

Marketing: In this part, you have to give the overview regarding the services offered by the organization and also require for giving the detail about competitors or target market. The characteristics of industry must be described effectively along with promotion as well as advertising aspect.

Operations: This must contain the explanation regarding staff and structure of the organization along with different regulations considered while executing any process. Along with this, you must detail the required professional advisors and business premises effectively.

Financial projections: In this, the overall financial statements must be given along with the use of spreadsheets of excel which must involve start-up costs, sales revenue budget, income statement budget etc.

Implementation timetable: In this part, you have to provide the implementation table that will define all the activities or tasks which can be used during the deployment of business. This timetable must involve what the project can deliver within what time frames.

Concluding statements: In this, you must conclude the overall business report effectively.

References: It contains the list of sources used for the collection of data and information regarding this assessment.

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