Explain for timhortons

Task $1$

Explore the nature and use of financial information.

$1\mathrm{.}1$: Discuss the need for financial information, its purpose, limitations and the main stakeholders interested in the information.

$1\mathrm{.}2$: Identify accounting arrangements and conventions used by organisations.

Assessment Criteria

$1\mathrm{.}1$: Discuss the need for financial information, its purpose, limitations and the main stakeholders interested in the information.

$1\mathrm{.}2$: Identify accounting arrangements and conventions used by organisations.

Task $2$

Investigate the principles and standards used to produce accounting and financial information

$2\mathrm{.}1$: Explain how accounting frameworks and regulation influence accounting and financial arrangements.

$2\mathrm{.}2$: Explain the uses of published financial information.

$2\mathrm{.}3$: Explain how an organisation uses management accounting practices.

Assessment Criteria

$2\mathrm{.}1$: Explain how accounting frameworks and regulation influence accounting and financial arrangements.

$2\mathrm{.}2$: Explain the uses of published financial information.

$2\mathrm{.}3$: Explain how an organisation uses management accounting practices.

Task $3$

Examine financial commentary that interprets and analyses published financial information.

$3\mathrm{.}1$: Explain the main items commented on and explain their importance.

$3\mathrm{.}2$: Identify trends in published accounting information.

Assessment Criteria

$3\mathrm{.}1$: Explain the main items commented on and explain their importance.

$3\mathrm{.}2$: Identify trends in published accounting information.