logo

Assignment on Internal Control

15 Pages2094 Words26 Views
   

Added on  2021-04-24

Assignment on Internal Control

   Added on 2021-04-24

ShareRelated Documents
Running head: INTERNAL CONTROLInternal ControlName of the StudentName of the UniversityAuthors NoteCourse ID
Assignment on Internal Control_1
INTERNAL CONTROL1Table of ContentsAnswer to Question 1:................................................................................................................2Answer to Question 2:................................................................................................................4Answer to question 3:.................................................................................................................6Answer to Question 4:................................................................................................................6Answer to Question 5:................................................................................................................9Reference List:.........................................................................................................................13
Assignment on Internal Control_2
INTERNAL CONTROL2Answer to Question 1:Notes$000% of Revenue$000% of RevenueRevenue1115554100.00%95766100.00% Cost of sales-10044486.92%-8063284.20% Gross profit1511013.08%1513415.80% Distribution costs-7240.63%-3240.34% Administrative expenses-1234810.69%-1089411.38%Operating profit20381.76%39164.09% Finance costs2-11821.02%-10481.09% Finance income23140.27%760.08%Profit for the year from continuing operations311701.01%29443.07% Income tax expenseProfit for the year11701.01%29443.07%Vertical Analysis of Income Statement:Income statementfor the year ended 31 December 201020102009
Assignment on Internal Control_3
INTERNAL CONTROL3Notes% of Revenue$000% of RevenueNon-current assets Tangible assets842200123.34%2952289.34%Total non-current assets42200123.34%2952289.34%Current assets Inventories9570216.67%414412.54% Trade and other receivables101820253.20%1663450.34% Cash and cash equivalents40.01%120.04%Total current assets2390869.88%2079062.92%Total assets66108193.22%50312152.26%Current liabilities112327468.02%1438043.52% Non-current liabilities Borrowings and finance leases12600017.54%0.00% Provisions1313563.96%15084.56% Accruals and deferred income1412643.69%13804.18%Total non-current liabilities862025.19%28888.74%Total liabilities3189493.22%1726852.26%Net assets34214100.00%33044100.00%Equity Share capital152271466.39%2271468.74% Retained earnings1150033.61%1033031.26%Total equity1634214100.00%33044100.00%Vertical Analysis of Balance Sheet:20102009Balance sheetas at 31 December 2010
Assignment on Internal Control_4

End of preview

Want to access all the pages? Upload your documents or become a member.

Related Documents
Small Business Management: Analysis of Financial Ratios
|10
|1685
|68

Financial Analysis of Crystal Hotel Pty Ltd.
|10
|1945
|280

ACCOUNTING AND MANAGEMENT DECISIONS.
|11
|1735
|88

Financial Management of United Overseas Bank Ltd
|22
|4734
|89

Accounting System Analysis Report
|11
|2097
|112

Analysis of Huawei Assignment
|18
|3040
|494