Sba Outline

Principles of Accounts
SBA Outline

Draft 1:

1. Cover Page • Name • School: Washington Archibald High • School Code: 130009 • Registration Number: 130009 _ _ _ _ • Subject: Principles of Accounts • Topic: A financial analysis of …for the month of … • Territory: St. Kitts • Date Submitted:

2. Aims of Project • At least three goals you wish to achieve by completing the SBA • Only one aim may be personal; the others must be related to the business • It would be easier to formulate the aims if they are based on the accounting ratios

3. Data Sheet • Name of business • Short history of business (see description of business) • Location • Reason for location (see description of business) • Ownership of business (sole trader, partnership, etc) • Size of staff (see description of business for details) • Type of business (manufacturer, wholesaler, retailer, service) • Business activities • Period of Review • Frequency of reporting (monthly) • Documents used • Journals and accounting records used • Accounting ratios used

4. Description of Business • Name of business • Date it was established • Type of ownership (sole trader, partnership, co-operation, etc.) • Description of business activities (what is offered, the type offered, to whom) • Number of employees and their positions • Operating hours • Source of finance and how much • Location of business • Reason for location

5. Transactions (20 -25) • Opening balances (assets and liabilities) • Cash and credit sales • Cash and credit purchases • Cash discounts allowed and received • Carriage