Task 3 Information Leaflet Extension activities: To gain a merit grade you must produce an information leaflet for the Chamber of Commerce to distribute to the members. The leaflet should assess the following: The impact of 'creative accounting' techniques when making strategic decisions. The limitations of ratio analysis as a tool for strategic decision making. The importance of cash flow management when evaluating proposals for capital expenditure. To gain a distinction grade you must prepare an additional section for the leaflet that Recommends, with justifications, methods and tools that allow businesses to analyse financial data for strategic decision making purposes.

Auditing: A Risk Based-Approach to Conducting a Quality Audit
10th Edition
ISBN:9781305080577
Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Chapter14: Activities Required In Completing A Quality Audit
Section: Chapter Questions
Problem 94RSCQ
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Task 3 - Information Leaflet
Extension activities:
To gain a merit grade you must produce an information leaflet for the Chamber of
Commerce to distribute to the members. The leaflet should assess the following:
The impact of 'creative accounting' techniques when making strategic
decisions.
The limitations of ratio analysis as a tool for strategic decision making.
The importance of cash flow management when evaluating proposals for
capital expenditure.
To gain a distinction grade you must prepare an additional section for the leaflet that:
Recommends, with justifications, methods and tools that allow businesses to
analyse financial data for strategic decision making purposes.
Transcribed Image Text:Task 3 - Information Leaflet Extension activities: To gain a merit grade you must produce an information leaflet for the Chamber of Commerce to distribute to the members. The leaflet should assess the following: The impact of 'creative accounting' techniques when making strategic decisions. The limitations of ratio analysis as a tool for strategic decision making. The importance of cash flow management when evaluating proposals for capital expenditure. To gain a distinction grade you must prepare an additional section for the leaflet that: Recommends, with justifications, methods and tools that allow businesses to analyse financial data for strategic decision making purposes.
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