In this report, an investigate of limited companies in South Africa and how they operate must be discussed in detail.
finance
Description
OUTCOMES:
§ Use clear and effective language confidently in written format to
report;
§ Demonstrate an ability to use information gathered to analyse the various
accounting methods associated with capital investment decisions;
§ Demonstrate an ability to extract and assimilate relevant
additional information from other sources.
ASSIGNMENT:
In this report, an investigate of limited companies in South
Africa and how they operate must be discussed in detail. Limited companies play
an important role in the economy and provide employment for thousands of
people. Owners provide finance and it is important to understand the rules that
are in place as limited companies are expected to account to their owners and
other interested parties. This report should cover the following areas:
- Discuss
the nature and financing of a limited company;
- Describe
the main features of the equity in a limited company;
- Discuss
restrictions placed on owners seeking to withdraw part of their equity;
- Discuss
the framework of rules designed to safeguard the interest of shareholders;
and
- Explain
how the income statement and statement of financial position of a limited
company differ in detail from those of sole proprietorship and
partnerships.
Present your analysis in the form of a typed report that ensures
relevance to topic, interpretation of topic incorporating references,
understanding of the topic at hand in a broader sense, discussion using
knowledge of topic and not merely copying from source.
REFERENCES:
Financial accounting text books
Reputable publications and internet sources on financial
accounting.
MARKING CRITERIA: refer to assessment criteria for written report
Presentation 10
Style 10
Structure and organisation 10
Language 10
Content 50
Referencing 10
Total 100
