FNS60215 & FNS50215 | FNSACC607 会计报表 assignment 代写
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FNS60215 & FNS50215 | FNSACC607 会计报表 assignment 代写
FNS60215 & FNS50215 | FNSACC607 Evaluate Business Performance
Assessment Tasks | V 1.0 | April 2017
Page 1 of 8
Assessment Tasks
You must submit both printed copy and soft copy of your answers in a word document.
Submit the printed copy of required evidences (your answers) to your Trainer with the "Assessment
Cover Sheet" (Filled out and signed appropriately) attached on top of your documents.
Upload the softcopy on the link provide in the eLearning site.
Assessment Task 1:
Assessment Task
Assess Business Performance Trend: Nick Scali
Furniture
Schedule Week 2
Outcomes Assessed
Performance Criteria:
FNS60215 & FNS50215 | FNSACC607 会计报表 assignment 代写
1.1, 1.2, 1.3
Addresses some elements of required skills and knowledge
as shown in the Assessment Matrix
Description:
Trend analysis is the process of comparing business data over time to identify any consistent results or trends.
Some of the financial trends, such as sales, cost of goods, expenses/overheads, cash flow and net profit, have a
direct impact on business performance and are important in performance measurement.
In this assessment task, you will be provided with a sample current and historic financial data of a real-life
organisation (Nick Scali Furniture is chosen as one of the organisations). The case organisation provided (Nick
Scali) can be used for this assessment task. However, any other company/organisation may also be chosen as
long as the required financial/business performance is available.
Case Organisation
Nick Scali Limited is an Australian furniture retailer operating primarily on the east coast of Australia. The
Company operates two brands; the Nick Scali brand and the Sofas2Go brand. The company is listed on the
Australian Stock Exchange. It is expected that further stores for both the Nick Scali and Sofas2Go brands will
open in the future. NCK have also secured the Australasian rights for the premium Italian retail brand Chateau
d’Ax, aimed at the top end of the market, and have a long term strategy to enhance growth gradually (Ref:
Investsmart, 2014).
More information on the company can be found in the corporate areas of its website -
http://www.nickscali.com.au/
Task:
FNS60215 & FNS50215 | FNSACC607 Evaluate Business Performance
Assessment Tasks | V 1.0 | April 2017
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PART A:
You have been provided with financial results (annual reports) of Nick Scali Furniture from 2012 – 2014
financial years.
Using the “Statements of financial Position” and accompanying notes, conduct a trend analysis and assessment
of company’s performance in the following areas;
1. Evaluation of assets and liabilities from the balance sheets
2. Cash flow analysis (refer to “Statements of Income” for income and expense data and assess
operating, financial and investment activities)
3. Cost and sales analysis – and accumulated stocks if any
4. Analysis of debtor and creditor values to assess impact of credits on cash flow and operational
performance
5. Analysis of “Director’s Report” to identify business critical factors, growth prospects, performance
appraisal and market sentiments
Compile and organise the data to support your analysis. Provide your own assessment of data comparison and
assess trends in;
Asset management
Liabilities
Sale
Capital expenditure
Debtors and Creditors
Return on investment
Present your report in a Word Processed document with appropriate headings/sections, supported by
comparative data/tables.
PART B
Next, conduct the following ration analyses across the financial data from 2012-2014 (three different sets of
analyses);
1. Debt-to-Equity Ratio
2. Current Ratio
3. Return on Equity (ROE)
4. Liquidity ratio
5. Debt ratio
6. Profitability ratio
Compare these ratios from 2011 and 2015 and provide an analysis of what the outcomes means for the
business; and if there is any specific trend that can be useful for future decision-making.
Assessment Criteria
The following assessment criteria will be used for marking this assessment task. Ensure that you have
addressed all of the criteria in your work;
FNS60215 & FNS50215 | FNSACC607 Evaluate Business Performance
Assessment Tasks | V 1.0 | April 2017
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Used an appropriate case/organisation profile and obtained the required business and financial
information
Accessed and organised current and historic financial data for analysis purpose
Effectively interpreted the financial statements and categorised the data
Compared and analysed asset and capital expenditure data
Compared and analysed short and long term liabilities and the amounts company owes to the
creditors
Analysed statements of income to determine income and expense data
Used cash flow to assess operating, financial and investing activities
Analysed effective utilisation to company’s stocks and any accumulation of the stocks due to
stagnation of sales
Determined debtor and creditor data to assess credit history
Assessed health of cash flow of the company to fund its operations
Computed the financial data and prepared comparative tables to support the analysis
Conducted and presented a trend analysis in the given performance areas of asset management,
liabilities, sales, capital expenditure, debtors and creditors and ROI
Was able to identify trends and detect variations in business growth plans and projects (from
announcements and plans in the annual reports)
Business information and data demonstrates effective research into company’s business operations,
standing and business performance
Trend analysis in consistent with company’s stated investment and profit/performance objectives
Undertook further ratio analyses to determine business health, standing, and long-term viability
Demonstrated the ability to apply standard accounting techniques to analyse data and determine
business performance
Data and written analyses are appropriately formatted and structured for presentation purpose
Submission Guidelines
Submit:
Trend analysis (Word/Excel)
Ration Analysis
Supporting explanation and report
Email/electronic submission arrangements may be discussed with the trainer/assessor. All assessments must
be submitted with an assignment cover sheet.
FNS60215 & FNS50215 | FNSACC607 Evaluate Business Performance
Assessment Tasks | V 1.0 | April 2017
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Assessment Task 2:
Assessment Task Develop Performance Targets and KPIs
Schedule Week 2
Outcomes Assessed
Performance Criteria:
2.1, 2.2, 2.3
Addresses some elements of required skills and knowledge
as shown in the Assessment Matrix
Description:
In the previous assessment task (Assessment Task 1), you had conducted a trend analysis of a case
organisation’s/company’s business performance in the key result areas.
Once an organisation has analysed its business and market position, and defined its goals, it needs an effective
mechanism to measure progress toward those goals. Key Performance Indicators or KPIs provide such a
mechanism. KPIs are quantifiable measures that can be expressed in either financial or non-financial terms.
Assume that in the following financial years, the company has set critical target areas of;
Sales
Asset turnover
Projected revenues
Capital expenditure management
Rate of investment returns
Based on the trends detected in Assessment Task 1, in each of the above area;
1. Set/develop achievable, realistic, and measurable performance targets in each of the above areas (in
your own understanding); and
2. Develop KPIs to measure performance against each target
You can work with certain assumptions in working out the targets. However, they need to be within the
business domain of the organisation and align with their stated growth plans and projections.
Develop the KPIs with consideration of the following environmental factors;
Consumers are increasingly relying on online research and making starting to order small furniture
items online
New overseas competitors are entering the market, setting up their order/sales centres for
importation and door-to-door delivery of flat-packed furniture
Cost of borrowings have constantly increased by almost 2.5% per year for the last three years
The forecast inflation data means price volatility over the next three years
FNS60215 & FNS50215 | FNSACC607 Evaluate Business Performance
Assessment Tasks | V 1.0 | April 2017
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Support your KPIs with a brief explanation/rationale of how they will be monitored and adjusted/improved in
response to changing business and market conditions.
Assessment Criteria
The following assessment criteria will be used for marking this assessment task. Ensure that you have
addressed all of the criteria in your work;
Completed the task within the context and scope of the business case/performance data provided
Addressed each of the critical target area
Drew information and relevance from the given business case/profile to develop the required
perspective of the target areas
Developed performance targets for each of the critical success areas
Targets are realistic, achievable, measurable, and time-bound
Developed KPIs for each of the performance targets
KPIs are realistic, achievable, and measurable to assess performance within the given timeframe
KPIs include tangible (e.g. financial) or intangible (e.g. business reputation) measures
KPIs are effective measure of the stated targets
Consideration of environmental factors in reflected in the KPIs
All the given environmental factors have been incorporated
KPIs are supported by an appropriate explanation or rationale
Strategies/mechanism for monitoring and adjusting the KPIs have been developed
Options for improvements have been developed within the context of current and future business
operations and likely external factors
Presented in a coherent document with a logical structure and format
Submission Guidelines
Submit:
Written document covering all the required information
Email/electronic submission arrangements may be discussed with the trainer/assessor. All assessments must
be submitted with an assignment cover sheet.
FNS60215 & FNS50215 | FNSACC607 Evaluate Business Performance
Assessment Tasks | V 1.0 | April 2017
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Assessment Task 3:
Assessment Task Develop Performance Improvement Strategies
Schedule Week 3
Outcomes Assessed
Performance Criteria:
3.1, 3.2, 3.3
Addresses some elements of required skills and knowledge
as shown in the Assessment Matrix
Description:
A range of internal and external factors may impact on an organisation’s business performance. Among the
internal factors that affect business and employee performance include (but are not limited to) rivalry
(departmental, personal), technology/information systems, staff skills, organisational culture, management
style, and internal procedures. External factors may include regulations, competitive forces, economic
environment, consumer demand, and cost of debt.
Within the context of the key business areas and performance indicators developed in the previous
assessment tasks, you will be required to develop strategies for improvement in business performance in this
task.
Brief
As part its business plan, the company has planned a range of business development programs that include;
Introduction of a new line of products
Launch of a marketing promotion campaign in the outer suburbs
Renovation of some or major stores with new store layouts
The company wishes to understand the critical factors impacting its business success - and implement
improvement strategies and plans to address these factors before launching these programs
Task
Assume that in view of company’s (case organisation) current business environment, you have been asked to
develop business performance improvement strategies that address the underlying factors and enhance
implementation of the above programs.
In completing this task;
Idetitify and list factors that in your view may impact on company’s business performance
Assess their impact (likelihood and severity)
Strategies to minimise or mitigate these factors
Strategies to enhance the effectiveness of the proposed programs in view of the identified factors (as
their likely impact on the proposed program)
FNS60215 & FNS50215 | FNSACC607 Evaluate Business Performance
Assessment Tasks | V 1.0 | April 2017
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FNS60215 & FNS50215 | FNSACC607 会计报表 assignment 代写
Strategies for internal communication
Further,
Assume that the company has allocated an amount of $480,000 to purchase a block of land for
construction of a new store. However, due to planning restrictions, the earliest construction can start
is 8 months from purchase. Construction will take an additional 6 months. However, there is a
possibility that the council may not approve the construction. One of the consultants has suggested
that with the current market conditions, in 14-16 months, the land will be worth at least $525,000.
The bank interest rate, on the other hand is 4.2%. Using Net Present Value (NPV) technique, calculate
and advise if the company should buy the land now.
Write the strategies in a word-processed document using appropriate headings/sections to cover the relevant
areas.
Assessment Criteria
The following assessment criteria will be used for marking this assessment task. Ensure that you have
addressed all of the criteria in your work;
Completed the task within the context and scope of the business case used
Demonstrated an understanding of the process to devise effective strategies in response to specific
business goals/programs
Identified key factors that are likely to inhibit performance in own understanding
Factors are relevant and broadly linked to company’s external and internal environments
Assessed likely impact of the performance factors on company’s proposed programs
Devised strategies to address the underlying factors
Strategies are effective in minimising or mitigating the identified factors
Strategies are specific, measurable, achievable, realistic, and time-bound
Strategies are supported by methods/mechanisms to communicate with internal stakeholders for an
effective implementation
Used appropriate management accounting technique to assist in management decision-making
Calculations are accurate and analysed for a proposed outcome/recommendation
Presented in a coherent document with a logical structure and format
Submission Guidelines
Submit:
Written document covering all the required information
Email/electronic submission arrangements may be discussed with the trainer/assessor. All assessments must
be submitted with an assignment cover sheet.
FNS60215 & FNS50215 | FNSACC607 Evaluate Business Performance
Assessment Tasks | V 1.0 | April 2017
Page 8 of 8
Ensure that each activity and/or task contained within the folder has your name and student number on it.
Unidentifiable and illegible evidences will not be considered for marking.
You must submit both printed copy and soft copy of your answers in a word document.
Submit the printed copy of required evidences (your answers) to your Trainer with the "Assessment
Cover Sheet" (Filled out and signed appropriately) attached on top of your documents.
Upload the softcopy on the link provide in the eLearning site.
FNS60215 & FNS50215 | FNSACC607 会计报表 assignment 代写