Accounting Financial Analysis and Reporting - University Report

This comprehensive financial analysis report delves into various aspects of accounting and financial reporting. It begins by explaining how bond rates can be utilized to analyze business performance, followed by a description of key sections found in an evaluation report. The report then explores the benefits of monthly PAYG installments for large clients and outlines broad measures of budgetary control. It further includes detailed calculations for a loan repayment schedule and discusses the importance of assessing investment conditions. The report addresses client feedback regarding financial position detail and proposes incorporating the feedback into service delivery. Finally, it provides a note on GST return protocols and the assessment of income, providing a well-rounded analysis of financial concepts.

Running head: ACCOUNTING FINANCIAL ANALYSIS REPORT
Accounting Financial Analysis and Reporting
Name of the Student:
Name of the University:
Authors Note:

1ACCOUNTING FINANCIAL REPORTING AND ANALYSIS
Table of Contents
In Response to Question 1..........................................................................................................2
In Response to Question 2..........................................................................................................2
In Response to Question 3..........................................................................................................3
In Response to Question 4..........................................................................................................3
In Response to Question 5..........................................................................................................3
In Response to Question 7..........................................................................................................5
In Response to Question 8..........................................................................................................5
Reference....................................................................................................................................7

2ACCOUNTING FINANCIAL REPORTING AND ANALYSIS
In Response to Question 1
- Explain how the bond rate can be used for analyzing business performance?
Financial Analysis acts as a key tool for the analysis and for evaluating the performance
of the company. It shows how the company is efficient in utilization of the assets and
wealth deployed. Similarly, Bond rate is the yield or the expected amount of return
expected from an investor from investing in a real risk free rate of investments. If the
return on investment for the companies on their financials is low in the form of certain
key ratio the overall return created for the investors will be low. The expected rate of
return can be generated as that would incorporate Risk free rate of return as Bond return
and the return from the business level of operations (Bricker et al. 2017).
However, it should be crucial to note that the bond rate acts as a key benchmark for
determining and evaluating the business performance of the company. If the return from
the wealth deployed increases the return created by the bond investment would also
increase at the same time.
In Response to Question 2
- List and briefly describe five sections found in an evaluation report.
The key elements which forms the basis of the evaluation report is determining the key
programed section for the report. The evaluation report for the company evaluation report
shows the true financial capacity for the company in the operating side of their business.
The requirement of the funding or the needs and the demands of the company for the
smooth business is the second main and important part of the report. The key statutory
requirement for the same is the other crucial part analyzed. The finding and the result

3ACCOUNTING FINANCIAL REPORTING AND ANALYSIS
sections are the last part of the evaluation report where recommendation forms the key
basis for the evaluation of the report (Bermúdez-Tamayo et al. 2015).
In Response to Question 3
What is the benefit for large clients making monthly PAYG instalments on wages paid?
The Cash flows paid for the suppliers or the contractors needs to be taxed directly and
the assessment of the same should be considered at the source of generation. The Pay as you
go option reduces the tax burden of the assesse taxable income as the cash flow arising for
the assesse is already taxed. The direct assessment of the taxes would be seen in a much
smoothen way and the same would bring a tax efficiency in the assesse profile (Flynn, 2014).
In Response to Question 4
List two broad measures of budgetary control.
The process of budgetary control helps in guiding the key elements of the company such as
amount to be invested and the expected amount of expenses that re to be incurred. The budget
helps in forecasting the expenses of the company so that the operating of the company stays
smoothened (Mohamed, Kerosi & Tirimba, 2016).
The key activities and the process and measures through, which there will be
budgetary control is through proper planning of resources where the forecast of the majority
of the expenses will be done by the company in order to analyse the key performance of the
company. However, Adjustments of fund is the other source and measure for the budgetary
control in an organisation that would guide the business operation of the company. The factor
adjustment of fund will enable the company switch and transfer of fund from surplus unit to
deficit account so that there is a unity and smoothen flow of work in the operating side of the
company if the spending of the company goes out of control (Otley, 2016).

4ACCOUNTING FINANCIAL REPORTING AND ANALYSIS
In Response to Question 5
Project 1
The loan amount and the yearly payment that need to be made will be assessed by calculating
the future value of each of the payments that needs to made so the initial loan amount will be
invested at a 10% basis and the equivalent cash flow from the same will be the annual
payment for the loan borrowed (Minnis & Sutherland, 2017).
We are informed that an amount of $50,000 is borrowed in the form of loan and compounded
at 10% annually for a defined term plan for eight years. Then, the calculated total amount of
the loan would sum up to around 50,000(1 + 10%)^8 = $107,179.
Annual payment = 100,000(P/A, 10%, 8) = 9372. The table below shows the remaining
balance at the end of each year. Interest amount is computed over the closing balance of
previous year. Repayment of principal amount is the difference between annual payment and
interest payment.
End of the year Interest payment Repayment of principal Annual payment Remaining loan balance
0 0 0 0 50000
1 5000 4372 9372 45628
2 4563 4809 9372 40819
3 4082 5290 9372 35529
4 3553 5819 9372 29710
5 2971 6401 9372 23309
6 2331 7041 9372 16267
7 1627 7745 9372 8522
8 852 8520 9372 0
In Response to Question 6
Project 2

5ACCOUNTING FINANCIAL REPORTING AND ANALYSIS
The business condition of the investment changes often and the assessment of the same is
crucial for the investors for assessing the risk and return from investment. The risk and return
of the asset class is not static it is evolving in nature which changes very point of time. The
actual rate of return can be lower than the required rate of return when the return generated
by the business conditions are generally lower due to increase in the risk and lower returns.
There are different stages but the evaluation stage help us asses the performance of the fund
or the investments returns.
In Response to Question 7
Your client contact is the finance officer of XYZ Company. They phone you briefly on
1.10.20XX and say that the financial position detail report contains too much detail. They
also state that there is no explanation for the changes in financial position even though they
know that several new desks were purchased in the previous quarter because they recorded
them on the asset register. Prepare a file note to show how the feedback will be incorporated
into services to the client.
The assessment of the financial report for a company is a crucial part and the same should be
done in a correct and an efficient way. The financial position of the company has not changes
but the asset of the company has shown some changes, which though was a small part and the
same should be included in the footnotes of the financial report of the financial statements
prepared. The financial information indeed needs to be in a detailed analysis and the relevant
accounting and other useful data should be analyzed so that the same is useful in decision
making process (Cao, Chychyla & Stewart, 2015).
In Response to Question 8
Note to file: GST Return
Protocol # : 1234

6ACCOUNTING FINANCIAL REPORTING AND ANALYSIS
Title: Assessment of Income
From: Finance officer
To: Client Mr. Harry
Please note that while calculating and evaluating the income for the assessment year the
inclusion of previous year’s income has led to higher taxes payable in the form of GST. The
same can be rectified through reassessment and repayment of income on the final amount
derived after the calculation.
Sale: Amount 1245
Signature:
Thus the reassessment could be tackled in this way.

7ACCOUNTING FINANCIAL REPORTING AND ANALYSIS
Reference
Bermúdez-Tamayo, C., Johri, M., Perez-Ramos, F. J., Maroto-Navarro, G., Caño-Aguilar, A.,
Garcia-Mochon, L., ... & Chaillet, N. (2015). Erratum to:‘Evaluation of quality improvement
for cesarean sections programmes through mixed methods’. Implementation Science, 11(1),
37.
Bricker, J., Dettling, L. J., Henriques, A., Hsu, J. W., Jacobs, L., Moore, K. B., ... & Windle,
R. A. (2017). Changes in US family finances from 2013 to 2016: evidence from the survey of
consumer finances. Fed. Res. Bull., 103, 1
Cao, M., Chychyla, R., & Stewart, T. (2015). Big Data analytics in financial statement
audits. Accounting Horizons, 29(2), 423-429.
Flynn, M. (2014). Consultation in full swing. Taxation in Australia, 48(9), 476.
Minnis, M., & Sutherland, A. (2017). Financial statements as monitoring mechanisms:
Evidence from small commercial loans. Journal of Accounting Research, 55(1), 197-233.
Mohamed, I. A., Kerosi, E., & Tirimba, O. I. (2016). Analysis of the Effectiveness of
Budgetary Control Techniques on Organizational Performance at DaraSalaam Bank
Headquarters in Hargeisa Somaliland.
Otley, D. (2016). The contingency theory of management accounting and control: 1980–
2014. Management accounting research, 31, 45-62.