BSB60407-Advanced Diploma of Management Report Writing Assignment

Internal Code: TV3

Advanced Diploma of Management Report Writing Assignment

Choose one of the following options: Option One Utilising your organisation, write a report detailing: The budgetary processes that exist in your organisation: a. giving examples of budgets used in your organisation b. who is responsible for their preparation c. how variances are identified and actioned d. what consequences could impact the organisation and its operating environment if the budget process is inadequate (ie. social impact, resources etc) e. Using your organisation’s financial reports (or alternatively, you can access an Australian company financial report via the internet), calculate and comment on the following ratios: - Profitability - Liquidity - Asset management - Financial leverage f. Your analysis should refer to benchmarking and use should make an assessment of the financial health of the organisation. (If you work for a not-for-profit organisation your analysis may differ to that of a commercial organisation. For example, you will discuss surplus or deficit rather than profit. In areas such as asset management many not-for-profit tend to be asset rich and relatively cash flow poor, eg, public hospitals. As with commercial organisations benchmarking to-like organisation is a critical analysis tool in assessing the financial health of a not-for-profit organisation). g. Refer to supplementary material no. 1 on page 93 and comment upon what tax considerations will be relevant to your organisation. h. Are there any actions you would recommend as a result of your analysis? (Please take into account company confidentiality when discussing the above information) Option Two Obtain two annual reports from either: • Woolworths: www.woolworths.com.au • BHP Billiton: www.bhpbilliton.com • Wesfarmers: www.wesfarmers.com.au • ANZ Bank: www.anz.com.au Compare and contrast the annual reports from your chosen two organisations: • Describe the methodology you believe the organisation has adopted in preparing and managing its financial reports • Describe in detail the purpose of ratio analysis to the organisation and also to those that have a vested interest in the company/firm. • Using your chosen two organisation’s financial reports, comment on the following ratios: - Profitability - Liquidity - Asset management - Financial leverage