Unit 11 Financial Systems and Auditing - Level 5

Unit 11 Financial Systems and Auditing - Level 5 (Diploma In Business)

Task 1

Explain the purpose and use of different accounting records. Briefly explain why it is needed and how it is used to record business transactions.

Assess the importance and meaning of the fundamental accounting concepts.

Evaluate the factors which influence the nature and structure of accounting systems of an organization.

Task 2

Identify the different components of business risk associated with strategic move of an organisation.

Critically analyse the control system in place in a business for the purpose of identification of fraud.

Evaluate the risk of fraud within a business suggesting methods for detection of fraud.

Task 3

Plan an audit with reference to scope, materiality and risk.

Identify and explain the use appropriate audit tests.

Record the audit process in an appropriate manner.

Task 4

You are required to prepare a draft audit report.

Pearson BTEC Level 7 Award in Strategic Management and Leadership (RQF)

BTEC Qualifications in Public Services Sector

Managing People in Organisations Assignment Help

BTEC Higher National Diploma in Business

Apply concepts and philosophies of organisational behaviour

Strategic Marketing Assignment Help

Managing Business Information Assignment Help

Computing System and Design Assignment Help

Finance for Strategic Managers Assignment Help

Market Environment Assignment Help

CACHE Level 3 Award in Childcare & Education

Explore the interconnections of power systems

Want to Excel in Course? Hire Trusted Writers for Help! —> https://miracleskills.com/