- Budget For the financial year 2016/2017
| Items | December | January | February | Total |
| Deposit value | $740200 | $5842000 | $6582200 | |
| Software design | $20500 | $20500 | $41000 | |
| Van Chargers | $5000 | $5000 | $5000 | $15000 |
| Project Management | $4000 | $4000 | $8000 | |
| Training for staffs | $540000 | $540000 |
- Histograms and dots are two statistical tools that help to represent the htaghicaklp summarise the data of the financial representation of data and same also the dot representation. It will show each group of bar into a range of number in the histogram and the taller bar represent the data range.
Figure 1: Histogram Figure 2: Dot Point
(Source: Arkan, 2016) (Source: Arkan, 2016)
- Net profit margin= $2400000 *100=63.16%
$3800000
Net profit ratio= $640000 *100=40%
$1600000
Cash flow return on assets= $15500000 =1550
$135000-$125000
Return on owner’s equity ratio= $2400000*100=30%
$8000000
The above discussion about the organisation is reflective of the successful performance about the BozOps in the financial matter. The organization is able to make success and earn profit with business activities (Arkan, 2016).
- The cash flow and the profit and loss budget of the organizations also indicate that the organisation is performing effectively in every aspect with a positive flow of return on investment. The developing and positive cash flow indicates that the owner of the organisation has sufficient amount in hand to meet their debt and will be able to run long run to continue their business activity (Iswoyo, Ermawati, & Nugroho, 2019).
Figure 3: Positive cash flow
(Source:Iswoyo, Ermawati, & Nugroho, 2019)
- After analysis and examining the financial plan and policy of the organisation the risk regarding the continue cash flows regarding the change management activity and cost effectiveness in case of the new change implication for training and software development may be identified. In addition, proper development and strategic analysis is necessary to overcome the risk.
- For the purpose to control the risk in organization it is entail to have the proper control and clear idea about the organizational change and needs of the management. In addition, every employee must be aware about their role and take responsibility for the proper allotment of the fun in organisation to avoid the misuse of funds in organization.
7.
| Check points | Tick |
| Financial data analysis | |
| Risk analysis | |
| Record Keeping |
8.
| Check points | Tick |
| Record verification | |
| Physical checking | |
| Critical analysis | |
| Risk analysis | |
| Record maintenance |
Reference
Arkan, T. (2016). The importance of financial ratios in predicting stock price trends: A case study in emerging markets. Finanse, Rynki Finansowe, Ubezpieczenia, (79), 13-26.
