Project: Accounting in Business - Financial Analysis of Unilever Plc

This project report delves into the significance of accounting within the context of Unilever Plc, a prominent UK-based consumer goods company. The report begins with an introduction to accounting in business, emphasizing its role in recording, analyzing, and reporting financial transactions for various stakeholders. The project aims to identify the importance and role of accounting in improving financial performance. The objectives include developing a basic understanding of accounting in business, determining the role of accounting in improving financial performance of Unilever Plc, and ascertaining the challenges faced by Unilever Plc due to ineffective accounting practices. The report reviews relevant literature and analyzes the impact of accounting on businesses, employees, the environment, and society. It also identifies the constraints faced by businesses in conducting accounting practices. The report concludes with a discussion of the key findings and implications for Unilever Plc, highlighting the importance of effective accounting practices for financial performance and stakeholder satisfaction. The report also provides a Gantt chart which helps to schedule every task of business and is easy to understand for any member of business.