Unit 10

System
System Posts: 100,534 🤖 Admin 🤖
edited June 18 in AAT student discussion
I have just been given the project to do and for the accounting system I am thinking of basing it on the fact that my company has just converted to trading in dollars alongside sterling. The problem is that our accounts system can not trade in dollars so we have to use a lot of spreadsheets which are not always accurate. Do you think I will be able to produce a detailed enough report on this, and has anyone got any ideas of weakness with this or maybe some idea's they have used.

Any help would be greatly appreciated?
:roll:

Comments

  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:Unit 10

    Sounds like a good topic - I did my project on the introduction of spreadsheets at work for doing mundane tasks such as bank recs.

    I would have thought there are plenty of things to talk about such as the errors in the sheets you have already mentioned, ways to ensure exchange rates are correct, mitigating exchange rate risk, how your customers and suppliers have reacted to the conversion to $ etc. I'm pretty sure you could expand on this in some detail.
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:Unit 10

    Thanks JohnT very good points - I will now go and do some digging around :)

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