Question: Practical Assessment Project Overview In 2000, Peter Davidson and his daughter launched Champions Financial Consulting, their second financial-related business next to Champions Loan Brokers, a

Practical Assessment Project Overview In 2000, Peter Davidson and his daughter launched Champions Financial Consulting, their second financial-related business next to Champions Loan Brokers, a finance and mortgage broking firm. Champions was established on a belief in family values. Since then, they have helped their clients to progress in their financial journey. Champions promises to provide clients with the best accounting consultancy services. They know the impact that the right services can make on their clients' finances. With thousands of financial consulting firms in the marking, the Champions team does the hard work, find the best financial solutions, and chooses the right path for their clients. They take care of their clients and assist them through the process and are continuously looking for way to improve financial systems for their clients. Champions works closely with stakeholders to ensure a strong customer-first policy. Champions provide a wide range of services that includes: Financial statement preparation Bookkeeping services Payroll processing Tax planning and compliance Financial analysis Budgeting and forecasting Cost accounting Internal control review Audit support Accounting software setup and training Cash flow management Payroll tax compliance Employee benefits management All staff at Champions Financial Consulting Firm are responsible for adhering to

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