Identify the different types of business entity and the regulatory and reporting requirements associated with each

AIM

The aim of this assignment is to track the profitability and liquidity of an organisation over the last five years using published financial statements that have been prepared according to relevant regulatory and reporting requirements and use this historical information and forecasts to indicate the most likely profitability for the year ending 28 February 2022 and the most likely liquidity of the organisation as of that date.

Throughout the assignment groups should also keep detailed “contact reports” (using social media) which summarise group meetings and agreed actions. These should be included in the appendices and will be referred to in cases of uneven contributions to the work.

LEARNING OUTCOMES

Completion of this assignment will enable you to meet the following module learning outcomes:
• Explain the importance of finance and liquidity to organisations
• Identify the different types of business entity and the regulatory and reporting requirements associated with each
• Assess financial information and make appropriate recommendations professionally
• Display confidence explaining basic financial information