Project 5
| Site: | MoodleHUB.ca 🍁 |
| Course: | Financial Management LearnEveryware Modules |
| Book: | Project 5 |
| Printed by: | Guest user |
| Date: | Thursday, 18 September 2025, 10:52 PM |
Description
Created by IMSreader
1. Project 5
Project 5: Final Project
Project Introduction
© Nikolai Sorokin/5743342/Fotolia
This project is divided into two major assignments that will allow you to showcase your knowledge about setting up an accounting system. You will complete a simulation of a business’s start up and a portfolio presentation. 
It is now time to put all the pieces together from this course and allow you to demonstrate your understanding of the material. Please check with your teacher to confirm assessment weightings.
1.1. Assignment 1
Project 5: Final Project
Assignment 1: Simulation of a Business (Suggested Weighting 35%)
You are ready to start a business, and you need to set up the necessary records before you open your doors to your potential customers.
Choose one of the following three service businesses.
© Orlando Florin Rosu/4881467/Fotolia
Travel Agency
A travel agency provides travel plans for customers. This business would require extensive use of the Internet.
© jay clark/1178001/Fotolia
Pet-Sitting Service
A pet-sitting service provides dog walking, pet-sitting, and yard cleaning service to customers.
© Ronald Hudson /1201744/Fotolia
Automotive Detailing Service
An automotive detailing service cleans, polishes, and waxes cars. Removal of scratches and possibly some small body repair work are often offered as well.
1.2. Assignment 2
Project 5: Final Project
Assignment 2—Portfolio Presentation (Suggested Weighting 15%)
© Mikael Damkier/3561913/Fotolia
This assignment could be presented orally, as an essay, or in a slide show presentation. Whatever format you choose, you must include examples of your work. Please check with your teacher for details regarding assessment.
A Portfolio Presentation Rubric is available for you to use as a checklist. This rubric is also accessible from the Toolkit.
You will revisit all of the portfolio submissions from Financial Management 1015: Accounting Prep.
Review the portfolio submissions that you have completed for all of the projects and training rooms. The purpose of this presentation is to
- showcase your knowledge to a potential employer
- showcase your knowledge to a post-secondary school
- provide you with a reference to assist in future financial management courses
You must show an understanding of each of the documents that you present, as well as a logical order of the necessary steps for setting up an accounting system.
1.3. Project 5 Summary
Project 5: Final Project
Project 5 Summary
This project contained two assignments. In Assignment 1, you set up the necessary records for one of three service businesses. You had to prepare a business plan and then follow through with the development of the forms learned in this course. In Assignment 2, you organized your coursework and prepared a presentation that showcased all of your work in a format of your choice.
Congratulations! Your business just may be ready to open its doors!