unit 10-urgent help needed about 48hrs to complete!!!!

System
System Posts: 100,534 🤖 Admin 🤖
edited 10:26AM in AAT student discussion
can anyone help!

i have until 9am monday to complete my unit 10 to get it ok'd by the external verifier or else i will have to waste another year!!!!

my problem is that i work, but not in account and my college doesn't support the simulation :evil:

i have writen most of it except for suprise suprise the accounting part, my boss has tried to help me but i dont have enough to go on! my title is

“AN INVESTIGATION INTO THE DEBTORS CONTROL ACCOUNT OF THE R**** Y*******, AND RECOMMENDATIONS FOR THE IMPROVEMENT OF THE DEBTORS COLLECTION”

any suggestions on what i can include?????

Comments

  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:unit 10-urgent help needed about 48hrs to complete!!!!

    Try writing an analysis of how the system is currently operating. Get your firms procedure notes, write up interview notes and other info you collected, SWOT, PEST, etc.

    Then do your recommendations.

    Some suggestions could be:
    computerisation of manual tasks
    training and/or qualifications for credit controllers to improve their performance
    supervision/support from senior management
    seg of duties between ledger entry and receipts
    invoices have a valid sales invoice for debits
    credits have valid paperwork
    reconciliation to list of debtors
    reconciliation is reviewed by management
    account activity reviewed on a regular basis

    Think of some performance indicators to see if your recommendations worked, for example:
    monitor debtor days. set an amount as a benchmark, say 30 days, and measure actual debtor days against that

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