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Financial Management

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Financial Management
SUNWAY UNIVERSITY BUSINESS SCHOOL
BACHELOR OF SCIENCE (HONS) IN ACCOUNTING AND FINANCE
ACADEMIC SESSION: MARCH – JULY 2013
ACC 2034: PRINCIPLES OF AUDITING
GROUP ASSIGNMENT

INSTRUCTIONS TO CANDIDATES
1. There are FOUR (4) pages in this Group Assignment including the cover page.
2. This Group Assignment will contribute 30% to your final grade.
3. The assignment must be typewritten on double line spacing, A-4 size paper and single sided. Work should be presented in a folder, with a cover sheet, which includes your name, unit number, tutor's name, and the essay/group report topic. Marks will be allocated for content, presentation and referencing.

OVERVIEW

This Group Assignment is developed as an integral part of the course to enable students to apply what they have learnt in the course in a real-world scenario and to exercise critical analyses in developing viable recommendations and making sound conclusions.

The Group Assignment requires students to form separate groups of up to three students. Each group shall be evaluated based on their ability to articulate arguments in support of their opinions, preparation of a comprehensive written report, and a brief presentation on their findings, conclusions and recommendations.

OBJECTIVES

The objectives of the Group Assignment are to enable students to:

• Identify the factors to be considered in undertaking the audit of a selected public listed company;
• Assess the areas of audit risk using analytical and other procedures;
• Discuss the appropriate audit strategies to be adopted in response to the risk assessment; and
• Apply the skills for report writing and presentation.

The aim of the Group Assignment is to allow students to appreciate the importance of identifying and structuring a unique strategic approach that is most suitable for the various stakeholders, and to recognise that everyone has different views and interpretations of the same approach.

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    Hello Jackie and thank you for your honest posting about nursing and financial management. I too have very little experience with marketing, budgeting , and economics. I consider myself a more scielnce person so this coarse was very challenging to me as well. I am embarrassed to say that I struggled sometimes with the subject matter just because I am not as finicaially as savy. Nurses have to have more knowledge about patients and costs of nursing expenses. I do not think you failed because as we fail we learn and this is what this coarse was really all about to expand our knowledge of nursing economics and management. I think nursing and compensation is going to change for the worst .I am afraid to say it and I realize that that goes against the grain but more people are going into nursing for the security of a job and not the passion so the demand and need will decrease I know there are a lot of jobs out there but they are not filled due to budgeting which is essential and necessary to keep costs down and to maintain budgets. As you say nurses are under paid and likely to stay that way because with the economic downturn the demand has decreased so the education requirements have increased. I think its key for us all to network and utilize our resources now more than ever. Developing relationships with people in our organizations we work for and networking builds coalitions to influence goals and resources which allocates lateral relationship building, where there is no influence or authority, helps nurses effectively attain their goals Finkler, Kovner, & Jones, 2007).SS…

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