need on urgent basis!! Inspect the Income, Expenditure, and Total Profit/Loss figures for the...

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Accounting

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need on urgent basis!!

Inspect the Income, Expenditure, and Total Profit/Loss figures for the event across the four years outlined in the Modified Table 1 (see next page) of the Case Study and answer the following questions. 1. Can you identify fluctuations and trends in the way the event has performed financially during the past four years? Consider how the event generates revenue and spends money to produce the awards show. [5 marks] 2. Identify the Income and Expenditure amounts that appear to be incorrectly recorded. Try to re-allocate the amounts to the correct activities and clearly identify how much money was stolen. Also, ensure that you calculate the updated Total Income, Total Expenditure, and Total Profit/Loss for each of the four years. [15 marks] 3. The trustees have also asked you to comment on the financial performance of the event during the past four years. Please comment on whether the awards show is still financially viable. [5 marks] 4. Provide five recommendations on how the trustees can improve the financial performance of the event. [5 marks] Case Study - Financial Investigation of the Pop Music Awards Hence, if your Student \# is 142579138 , it means that "Grant - PMA Trust" would be $279,138, and it means that "Event security" would be $79,138. Page 2 of 2

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