Producing monthly internal accounts that show managers performance, costs and key trends.
Good work shows: Delivers accounts on a set timetable; compares results to budget and forecast; adds short notes on key changes.
Preparing management accounts is one of the finance and accounting skills on FinderK.
The job simulations and Skill Paths below include work that is checked for this skill. You do the work in an original fictional company and get feedback on it.
Assistant restaurant manager at The Gannet Kitchen
About 55 minutes. Included in Plus.
The weekly food cost has jumped from 31 to 40.5 percent and head office sees it on Wednesday. Find what is wrong in the records, query the supplier, and explain what is really driving the cost.
Skills: Check purchases and stock records for errors; Calculate a weekly food cost percentage; Query a supplier politely and within authority; Explain the cause of a cost rise with figures and options