b) What strategies is the business using to ensure responsible accounting practices? Why have these strategies been selected?
c) Describe the overall accounting process. For example, when are entries made, how often are statements produced and reviewed, and why?
Describe the internal controls for cash that are in place.
d) Analyze the results of operations. What do these results tell a business?
e) What do the statements themselves tell about the strengths and weaknesses of the company’ s financial position? What does the ratio analysis
tell someone about the strengths and weaknesses in the company’ s financial position?
f) Discuss the changes in operations that might need to be made to make the company more profitable. Justify why each change may be
necessary.
g) What are the company’ s financial strengths and weaknesses? What specific changes can be made to alleviate the weaknesses?
h) What opportunities can the company explore because of its strengths? How would these be beneficial? Final Project Part II Rubric
Guidelines for Submission: The submission for Final Project Part II will include your ratio analysis and a memo to the bank. Your accounting memo should be 5 – 7 pages, double-spaced, with one-inch margins, 12-point Times New Roman font, and APA format.