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To demonstrate an understanding of the manual accounting process in an accounting information system, students will be required to identify and record transactions and process them to the preparation of financial reports. (Weighting 20%) This process will take place online with regular online submissions throughout the semester allowing students to identify how they are progressing. For all students, each new component of the practice set will start off with the correct data so each component will be marked separately. Students will also be required to write a report to management analysing the performance of the business and provide recommendations to the owner suggesting how he could improve the business. (Maximum of 1,200 words excluding appendices. Weighting 10%)