Finance and Accounting for Community Development

Spring/Summer Term 2021 – Brampton Campus

ASSIGNMENT 2

DUE DATE: JULY 16, 2022 AT 10:00 PM

Student Name :  _____________________________

Student ID      :  ______________________________

Section           :   ______________________

Marking:

Read and review the audited financial report of ONTARIO FIRST NATIONS TECHNICAL SERVICES CORPORATION.

Required:

1. Analyze the statement of financial position for the year 2020 and compare it with the year 2019. Identify and explain 3 of the most important issues.
2. Analyze the statement of operations for the year 2020 and compare it with the year 2019. Identify and explain 3 of the most important issues.
3. Analyze the statement of operations budget and compare it with the year 2020. Identify and explain 3 of the most important issues
4. Analyze the statement of changes in debt and financial assets the year 2020 and compare it with the year 2019. Identify and explain 3 of the most important issues.
5. Analyze the statement of cash flow for the year 2020 and compare it with the year 2019. Identify and explain 3 of the most important issues.

CESD 2996 – SUMMER 2022

REQUIREMENTS FOR ASSIGNMENT SUBMISSION

Submission formats:

• File submission for the assignment is a word document with single spacing and size 11 times new roman font.
• Assignment has to be submitted with the cover page provided with the marking scheme.
• Assignment has to be submitted on the assignment folder on Moodle for the appropriate class section, complete with student name, ID, section
• The submission should include all calculations and reasoning.
• Excel worksheet must be formatted at 100% normal size
• Excel spreadsheet must be pasted as a table not a picture
• Picture and screenshots are not acceptable
• One spreadsheet has to be in one page.
• Has to be consistent format for all spreadsheets
• All calculations has to be shown with clear notations and supporting numbers.
• All currency notations has to use Canadian Dollar with this format: $#,###,###

Submission that did not follow the submission format will not be marked and the student will get zero.

Submission requirements:

• Submission can only be done one time, there will be no correction, no extension, and no additional files.
• Draft submission will not be marked
• Assignment is an individual work. Any plagiarized work will automatically get zero mark for the course for both parties.
• Due date for all assignment is at 10:00 pm. Any late submission until the cut off time at 12:00 am will automatically get deducted by 50% mark. No submission will be accepted after the cut off time and the student will get zero mark.