icas - terms of reference - what is this??
barry1
Registered Posts: 4 New contributor 🐸
anyone??
0
Comments
-
Hi,
It's just a couple of lines saying what the project is about and why it is being completed.
I basically wrote about it investigating the systems of the company and looking at weaknesses and recommendations to improve the system. Also stated that I was completing the report to meet the requirements of this AAT unit.
Emma.0 -
pls am having problem in writting the project and i av no idea how to start. can u pls help?0
-
annabolaji wrote: »pls am having problem in writting the project and i av no idea how to start. can u pls help?
Have you done a SWOT anaylsis? This is a good starting point.0 -
anyone??
Terms of reference
What are you seeking to achieve by preparing this report? What are its objectives?
These shows the reasons are behind the report. As there are two reasons why you are writing this, these must both be stated.
An example is:
“the report looks at the need to make improvements to the management of the petty cash system for ABC Limited.”
Another example is:
This report has been requested by the Financial Director of the company to:
Prepare a skills audit of all the office staff including their current achievements and any suitable future training that maybe necessary to be competent at performing their roles.
To identify any improvements to the management of the accounting functions and recommend any changes to maximise the cost benefit, reliability and efficiency to achieve the objective of accounting task.0 -
annabolaji wrote: »pls am having problem in writting the project and i av no idea how to start. can u pls help?
Tasks to do: before attempting to write.
1. Prepare an organisational chart (Appendix 1)
2. On the same page write about to whom each head of every department is responsible to and how they affect the organisational structure (K&U 11)
3. On the same page write about how some of the departments are connected to the external agencies. (K&U 12) ( SLCA to debtors, PLCA to creditors, Payroll to Inland Revenue, Accountant to Bank, Company House, HM Customs and Excise, Local Council, Environmental agencies etc)
4. Also write how each departments are connected to each other (K&U 13) (PLCA to SLCA – contra for same supplier/customer; SLCA, PLCA, Gen Ledger, Warehouse, Stores all need to submit wages info to PAYROLL and to Accountant for management reports; Petty Cash to General Ledger;)
5. Prepare each employee’s Flow chart of documents and activities (job description) (Appendix 4, Appendix 5, Appendix 6, appendix 7)
6. Prepare Employee’s Skill’s analysis table (Appendix 2).
7. Prepare a SWOT analysis for each of employees and put it into the Appendix
8. Research on Team Building on the internet (for K&U 9 and K&U 10) You will need to quote some theory work in your project.0
Categories
- All Categories
- 1.2K Books to buy and sell
- 2.3K General discussion
- 12.5K For AAT students
- 325 NEW! Qualifications 2022
- 160 General Qualifications 2022 discussion
- 11 AAT Level 2 Certificate in Accounting
- 56 AAT Level 3 Diploma in Accounting
- 95 AAT Level 4 Diploma in Professional Accounting
- 8.8K For accounting professionals
- 23 coronavirus (Covid-19)
- 273 VAT
- 92 Software
- 274 Tax
- 138 Bookkeeping
- 7.2K General accounting discussion
- 202 AAT member discussion
- 3.8K For everyone
- 38 AAT news and announcements
- 345 Feedback for AAT
- 2.8K Chat and off-topic discussion
- 582 Job postings
- 16 Who can benefit from AAT?
- 36 Where can AAT take me?
- 42 Getting started with AAT
- 26 Finding an AAT training provider
- 48 Distance learning and other ways to study AAT
- 25 Apprenticeships
- 66 AAT membership