BUSINESS MEMO FORMAT
gar.waACCOUNTING 1011 – OCTOBER 2013
RESEARCH PAPER/PRESENTATION
Learning Objective:
Demonstrate your understanding of the uses and users of accounting by observing a real business operation. Professionally present your findings in writing and orally.
Specific Instructions
Choose a local business to visit, observe the operation and (if possible) interview the manager or supervisor.
1. Write a brief 1-3 page paper (business memo format, see attached) discussing the accounting environment and answering the following questions:
- Is the company primarily service, merchandising or manufacturing? What do they do/how do they make money?
- About how many employees do they have? Who handles their accounting?
- Do they use a manual or computerized accounting system (or both?)
- What can you observe about their internal control environment?
- What is their likely accounting cycle and fiscal year end?
- What are some common accounts they might be using to record transactions (e.g., what might their chart of accounts look like?)
- Who will be interested in their financial statements?
- Any other observations or issues you might want to include
Paper is to be typed, double spaced with 1” margins and references where applicable. Use complete sentences, business language and proper punctuation and paragraphs.
Share your findings in a 5-10 minute presentation to the class during Day 9, 10 or 11 (visual aids or handout optional)
Grading Rubric/Points Available
Paper:
Clear, concise explanation of each of the above points using proper accounting/business terminology = 10 points each answer * 7 = 70 possible
Deductions:
- More than 3 spelling/grammatical errors -10 points
- Improper use of accounting terminology/concepts -10 points
Presentation:
Share your findings with the class in an oral presentation (5-10 minutes) = 30 possible
Deductions:
- "Reading" your report = -10 points
- Mumbling or hard to understand = -5 points
- 10 years ago
- 10
Purchase the answer to view it
- business_memo.doc
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