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explain the key principles of cash flow and budgetary control

01 / 10 / 2021 Diploma of Accounting

This paper circulates around the core theme of explain the key principles of cash flow and budgetary control together with its essential aspects. It has been reviewed and purchased by the majority of students thus, this paper is rated 4.8 out of 5 points by the students. In addition to this, the price of this paper commences from £ 99. To get this paper written from the scratch, order this assignment now. 100% confidential, 100% plagiarism-free.

Assessment tasks will be designed to reinforce and extend knowledge and skill competence within set and controlled parameters in accordance with each competency unit`s learning outcomes and performance criteria requirements, including the setting of project and work based practical application tasks designed to provide evidence of competence outcomes, within periodic and scheduled timelines. Students will be expected to demonstrate the following required skills: - access clients` needs and analyse their financial data; - prepare and document appropriate advice for clients that: - complies with financial legislation and accounting standards, practices and principles; - assesses taxation, compliance and business viability issues faced by clients, and; - assesses risk management options and practices. Note: If a specific volume or frequency is not stated, then evidence must be provided at least once.Students will also be expected to demonstrate the following knowledge: - explain the key requirements of taxation legislation relating to deductions, allowances and charges; - list the key areas that can cause significant taxation issues; - compare and contrast forecasting techniques; - identify and explain the key features of government financial policy and secretary`s financial management instructions; - explain the key requirements of relevant corporations and consumer legislation; - describe a range of methods for presenting and formatting financial data; - identify and explain the key principles of cash flow and budgetary control; - identify and categorise sources of information on financial products and markets; - outline a range of risks and contingencies and risk management options relating to financial and business performance, and; - outline client rights and responsibilities.


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