HND商务会计高级Outcome.doc

Outcome(s) covered 3, 4 and 5 Suggested solution and making an assessment decision This outline solution is included to give an idea of the standard of response expected. However, it should be noted that interpretation in particular is a personal matter and different candidates may interpret the situation differently. Credit should be given to all candidates who can justify their point of view. Miscalculations in up to two ratios would be acceptable, as long as the interpretation is consistent with the ratios calculated. As a guideline to length — the first two tasks (users and sources of finance) should require up to 500 words, the last task (analysis and interpretation and recommendations) should require approximately 1,200–1,500 words. Introduction This report has been prepared at the request of the chief executive of SSP plc. It will analyse and interpret the information contained in the financial accounting statements of the company. Specifically it will consider the key users of this accounting information, the sources of finance employed by the company, and a review and analysis of the organisation’s recent financial performance and position including recommendations as to financing options for the company’s planned expansion. In undertaking this report the company’s financial statements have been examined in detail and key accounting ratios calculated (see Appendix 1). DE39 34: Business Accounting Scottish Qualifications Authority Assessment Exemplars for Higher National Units 22 Users of Financial Accounting Information The following table identifies the main users of SSP’s accounting information as well as describing the purpose for which they require this information and the statement or statements which will answer their needs. Note: At least four users are required to be considered in this section. User Purpose Source Existing Shareholders Assess performance of the board. Increase or decrease investment Profit and Loss — profit and dividend figures. Di