This report has been prepared to meet the requirements of the Internal control and accounting systems unit of the AAT Level 4 Diploma in Accounting.
The report …….
4. Executive Summary
This report has been written….
The outcomes are…..and the recommended changes can be achieved by…
The suggested recommendations will have the following impact on the organisation…and if implemented, these will result in cost savings of x amount.
5. Methodology
This report has been prepared with reference to …..books and ….websites (see Appendix x)
6. Introduction
This report covers a review of the ….. function/department of A to Z Vehicle Hire.
A copy of the organisational chart can be found in Appendix x
7. Analysis and evaluation of the current accounting system
7.1 The current accounting system
The …. system is currently operating…. and the following weaknesses have been identified…. resulting in a loss to the company of x. A SWOT (strengths weaknesses opportunities threats) analysis can be found in Appendix x. The … system serves to provide the organisation with… It is structured… and interacts with the …. functions within the organisation.
7.2 The information required for the statement of profit and loss for the purpose of…. The statement of cash flows …… The statement of financial position….
7.3 The organisations business is ….. and the external stakeholders expect….
7.4 The … system is affected by the organisational structure…systems…procedures…business transactions…
7.5 Changes to external regulations can effect users by… Changes to organisational policies and procedures will also effect users by…
See page 16 for more
8. Recommendations
A number of options are available should management wish rectify the current situation. Possible solutions to the ….problem are ….staff training, recruiting more staff, computerising the system using …. Software. A comparison of costs,...