Comparison of different types of financial statements and their appropriateness for different types of business..
Task 2
For your selected organisation, use financial and management accounting techniques to explain, record and interpret financial data, financial statements and preparation of budgets. Your response should feature:
Comparison of different types of financial statements and their appropriateness for different types of business.
Explanation and application of management accounting techniques to classify and calculate costs; to prepare budgets for your selected organisation. In your response, you should: classify different types of cost
use different costing methods for your calculations
select appropriate budget methods for preparation of a budget