This report, prepared for the BSBFIA402 unit at Sydney Metro College, focuses on analyzing the financial activities of Devine Café. The assessment includes the creation of cash payments and receipts books in Excel, detailing financial transactions. Students are required to prepare a BAS statement using the provided information, referencing the Australian Tax Office (ATO) website for form completion. Furthermore, the report involves calculating and interpreting financial ratios, such as the current ratio and working capital, for Packett Packaging Pty Ltd. The analysis culminates in the formulation of financial recommendations, aiming to enhance the financial performance of the company by identifying key issues and suggesting control measures. The report covers various aspects of financial reporting, including GST reporting and statutory requirements, providing a comprehensive overview of financial analysis and reporting practices.