For the past 10-month period from 1 September 2015 to 30 June 2016, Holly Gardiner (the contract bookkeeper) has been using MYOB to process transactions for Cycle Kingdom Pty Ltd. She has been presenting Luke and Cameron with quarterly Profit and Loss Statements and Balance Sheets of the business.
However, Luke and Cameron do not have an accounting background and readily admit that they struggle to read and understand the MYOB management accounts presented to them by their bookkeeper, Holly. Being more visually orientated, they ask you to prepare a financial dashboard for them. The financial dashboard is to be prepared using the four quarterly figures presented in the EXCEL spreadsheet that is available to download from the AYB 339 Blackboard site.
The financial dashboard for the four quarters is to be prepared in such a way that enables you to present and highlight key financial information, financial ratios and trends of the business over the four quarters in a highly visual way. The financial dashboard should primarily consist of graphs and charts.
Please use the four quarters financial data presented in EXCEL before any adjustments that you make in Part 2 of this case study. In other words, develop a financial dashboard based on Holly’s un adjusted figures.
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