Replac AAA Ques... 1 Answers Basic para... Bul3BidTi... Select Paragraph Styles Editing Scope of this assessment task PC 1.4, 1.5, 3.3 Knowledge and Performance Evidences This assessment tasks involve student preparing a project report on few areas of managing finances. Student will gain the performance evidence and knowledge relating to principles of accounting and financial systems, existing financial management conventions, a_number of Taxation requirements, carry out cash flow analysis. Write about the below given areas of Managing Finances: 1 Accounting and financial systems Describe the principles of accounting and financial systems (4 Marks) 2 Describe Australian, international and local legislation and conventions that are relevant to financial management in an organisation. (4 Marks) 3. Australian Taxation Systems Outline the requirements of the Australian Tax Office, including Goods and Services Tax, Company Tax, Pay As You Go. (4 Marks) 4. Financial data analysis: Cash flow analysis Search the internet, find an Annual Report of a business and prepare a cash flow analysis using an acceptable cash flow analysis template. (4 Marks) 5.Organisational context of managing finance Provide examples of: a) profit and loss statement, b) cash flows and aging summaries c) organisational financial policies and procedures ( 4 Marks)