Southern New Hampshire University ACC 201: Final Project Bank Memo

This document presents an ACC 201 Final Project Part II Bank Memo, designed to analyze a company's financial position and request a loan for business expansion. The memo includes an introduction to the company, its business purpose, and a request for a loan. It provides an overview of the company's accounting system, detailing the basis of accounting and its support for responsible practices. The project also examines the accounting processes and internal controls for cash, along with an analysis of the company's results of operations, including strengths, weaknesses, and the role of ratio analysis. The memo assesses the company's direction, identifies opportunities for growth, and supports the analysis with information from the accounting cycle workbook. The document concludes with a summary of the memo's purpose and a professional sign-off, along with a list of references in APA format.

Running head: ACC 201 FINAL PROJECT PART II BANK MEMO 1
DELETE EVERYTHING THAT APPEARS IN RED
Review the Final Project Part II Guidelines and Rubric document to see how your paper
will be scored. Be sure to use the information from your accounting cycle workbook to support
your answers.
Be sure to follow APA format when providing references. If you have questions on APA
formatting, you can check the Purdue OWL website or seek help from the SNHU Writing Lab.
Notes on APA in a Formal Assignment
 Use one-inch margins on all sides.
 Use 12-point Times New Roman font with double spacing.
 Paragraphs should be at least three to four sentences in length.
 Do not include the headings “Introduction” and “Conclusion.” These are included
below to help you lay out your paper. APA format assumes that the introduction
begins the paper, the body continues the paper, and the conclusion wraps up the
paper, so those headings are not needed.
 Indent the first line of every paragraph by 0.5”.
 Be careful not to use personal pronouns such as “I.”
Be sure to replace all of the text in red with your own writing. (This entire first page can
be deleted after you review the guidelines. Your paper should begin with the title page that
follows.)

ACC 201 Final Project Part II Bank Memo 2
ACC 201 Final Project Part II Bank Memo
Your Name
Southern New Hampshire University

ACC 201 Final Project Part II Bank Memo 3
REMEMBER: DELETE EVERYTHING THAT APPEARS IN RED
Memo Heading (delete this heading in your final paper)
To:
From:
Date:
Subject:
Introduction (delete this heading in your final paper)
In your opening paragraph, very briefly introduce the purpose of your memo. Prior to
stating this purpose, state the name of the company, its primary business purpose, and some other
general or demographic information about the business. Lastly, inform the reader of the purpose
of your memo, which is to request a loan for business expansion. Three or four sentences are
sufficient.
Overview of the Company’s Accounting System
(Keep this heading in your final paper)
Using content from your accounting cycle workbook and your accounting cycle report,
submitted in Final Project Part I, provide an overview of the company’s accounting system.
What basis of accounting is used? Why? How does it support responsible practices within the
company?
Accounting Process and Internal Controls for Cash
(Keep this heading in your final paper)
Using content from your accounting cycle report, submitted in Final Project Part I, what
strategies is the business using to ensure responsible accounting practices? Why have these

ACC 201 Final Project Part II Bank Memo 4
strategies been selected? Describe the overall accounting process. For example, when are entries
made, how often are statements produced and reviewed, and why? Describe the internal
controls for cash that are in place.
Results of Operations and Strengths and Weaknesses of the Company
(Keep this heading in your final paper)
Using content from your accounting cycle workbook, submitted in Final Project Part I,
analyze the results of operations. What do these results tell a business? What is the company
doing well and what changes might be needed? What do the financial statements say about the
strengths and weaknesses of the company’s financial position? Be sure to discuss the role of
ratio analysis.
Analysis and Opportunities
(Keep this heading in your final paper)
Overall, is the company going in the right direction? Why or why not? What
opportunities can the company explore given its strengths and weaknesses? How would these
be beneficial? Support your analysis with information from your accounting cycle workbook.
Conclusion (delete this heading in your final paper)
The conclusion reminds the reader what your memo is about and allows you to make a
final point without introducing new information. You may request a meeting with your reader in
this paragraph. Three or four sentences are sufficient. Use a sign-off greeting such as “Sincerely”
or “Cordially.”

ACC 201 Final Project Part II Bank Memo 5
References
Nobles, T. L., Mattison, B. L., Matsumura, E. M. (2014). Horngren’s financial and managerial
accounting (4th ed.). Upper Saddle River, NJ: Pearson Education, Inc.
Make sure that you provide appropriate citations in APA style. The textbook is provided
as an example and should be kept in the references for your paper. Feel free to add other
resources. To add credibility to your paper, remember to cite ALL of the sources within the body
of the paper as well as in the References list at the end. References should be in alphabetical
order by the author’s last name.