Assignment: Understanding Business Accounting

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Assignment brief – QCF BTEC Westgate School
Assignment front sheet
Qualification Unit number and title
Edexcel BTEC Level 3 Diploma Unit 05: Business Accounting
Learner name Assessor name Mr P Arko
Date issued Hand in deadline Submitted on
24/09/2015 6/11/2015 Assignment title Understanding Business Accounting

In this assessment you will have opportunities to provide evidence against the following criteria.
Indicate the page numbers where the evidence can be found.

Criteria reference To achieve the criteria the evidence must show that the learner is able to: Task no. Evidence
P1 Describe the purpose of accounting for an organisation
P2(a) Explain – verbally - the difference between capital and revenue items of expenditure and income
P2 (b) Written exercise placing various examples of income and expenditure into the revenue and capital categories i.e. a table.
P3 Prepare a 12-month cash flow forecast to enable an organisation to manage its cash
M1 Analyse the cash flow problems a business might experience
D1 Justify actions a business might take when experiencing cash flow problems.
P4 Prepare a profit and loss account and balance sheet for a given organization
P5 Perform ratio analysis to measure the profitability, liquidity and efficiency of a given organisation.
M2 Analyse the performance of a business using suitable ratios
D2 Evaluate the financial performance and
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