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Accounting Information System Assignment Solution (Doc)

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Added on  2020-10-05

Accounting Information System Assignment Solution (Doc)

   Added on 2020-10-05

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ACCOUNTINGINFORMATION
Accounting Information System Assignment Solution (Doc)_1
Table of ContentsINTRODUCTION :.........................................................................................................................1Section 1...........................................................................................................................................1Cash Flow statement and its example ........................................................................................1Income statement and its Example .............................................................................................2Statistical Data and its example..................................................................................................3Annual Report and its example...................................................................................................4Trend analysis and its example...................................................................................................5Accounting Information System (AIS).......................................................................................6Section 2...........................................................................................................................................71. Sector which contributes highest income for Boots PLC....................................................72. Different aspects of income contribution of of Boots PLC...................................................83. Performance of product areas of Boots PLC..........................................................................94) Evaluation of boots market position.......................................................................................15. Revenue analysis.....................................................................................................................2CONCLUSION................................................................................................................................3REFERENCES................................................................................................................................4
Accounting Information System Assignment Solution (Doc)_2
INTRODUCTION :Accounting Information means the information regarding the economic transactions ofthe company, economic transactions means the transactions which are can be expressed inmonetary terms or are related to inflow and outflow of cash. Moreover in short, the accountinginformation refers ton the data which are related to the accounting terminology and withfinancial terms. Under the preparation of accounting information the several financial statementsare prepared in order to represent them to internal and external users of the accountinginformation (Hall, 2012). This study is regarding to the accounting information which pertains two sections insection 1, the description of financial statements and data analysis and section2 contains thenumerical analysis of financial information. Also in contains the description regarding theaccounting information system.Section 1Cash Flow statement and its example Cash flow statement refers to the statement which shows the information regardinginflow of cash and outflow of cash that is why in accounting terms it is also known as statementof cash flows. The International Accounting Standard 7 (IAS 7) deals with cash flow statement.Cash flow statement has its three parts or activities namely; operating activities, Investingactivities, Financing activities which shows the changes in balance sheet accounts and incomeaffect the cash and cash equivalents and break the analysis down these activities (Simkin,Norman and Rose, 2014). The statement comprises both accompanying changes in balance sheetand current operating results. Although the statements shows the liquidity positions of companywhich depicts the ability of company to pay bills and determines short term viability of acompany. An example of Cash flow statement is below.1
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(Source: Cash flow statement, 2018)Income statement and its ExampleIncome statement is one of the most important statements used for reporting thecompany's financial performance. It is also known as the statements of “Profit and Loss” orstatement of “Revenue and Expense” in accounting terms. It shows the company'srevenues(which includes the Operating revenue, non-operating revenue and gains) and2
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