Financial Statement Development for Twice As Nice Caribbean Cuisine Inc.

Ouvert Ouvert le juillet 21, 2025
Contact principal
Twice As Nice Caribbean Cuisine Inc.
Toronto, Ontario, Canada
Barry Gibbs
Il / Lui
President
(14)
4
Projet
Parcours académique
60 heures de travail au total
Apprenant.e
N'importe où
Niveau Avancé

Portée du projet

Catégories
Comptabilité Modélisation financière Services financiers
Compétences
financial statements finance balance sheet income statement cash flow statements financial data accounting loans
Détails

Twice As Nice Caribbean Cuisine Inc. is seeking to enhance its financial documentation to meet the stringent requirements of banks and financial institutions. The goal of this project is to develop accurate and professionally structured financial statements and reports. These documents will be crucial for the company to secure loans, business lines of credit, and operational financing, which are essential for its growth and expansion. The project will involve analyzing existing financial data, understanding the specific requirements of financial institutions, and applying accounting principles to create comprehensive financial statements. The team will focus on creating balance sheets, income statements, and cash flow statements that reflect the company's financial health and potential for growth. This project provides an opportunity for learners to apply their classroom knowledge of accounting and finance in a real-world setting, enhancing their understanding of financial reporting and analysis.

Livrables

The deliverables for this project include a set of professionally structured financial statements and reports for Twice As Nice Caribbean Cuisine Inc. These will consist of a detailed balance sheet, income statement, and cash flow statement. Additionally, a summary report explaining the financial position and potential growth opportunities of the company will be provided. The documents will be formatted to meet the standards required by banks and financial institutions, ensuring they are ready for submission to secure necessary financing.

Mentorat
Expertise et connaissances du domaine

Fournir des connaissances spécialisées et approfondies et l'industrie générale des idées pour une compréhension globale.

Compétences Connaissances et expertise

Partager des connaissances sur des compétences techniques spécifiques, des techniques, méthodologies requises pour le projet.

Assistance pratique

Implication directe dans les tâches du projet, en offrant des conseils et démonstration de techniques.

Outils et/ou ressources

Donner accès aux outils, logiciels et ressources nécessaires pour la réalisation du projet.

Réunions régulières

Enregistrements programmés pour discuter des progrès, relever les défis et fournir des commentaires.

Causes prises en charge

Les défis mondiaux auxquels ce projet s'attaque, en accord avec les objectifs de développement durable (ODD) des Nations unies. En savoir plus sur les 17 ODD ici.

Decent work and economic growth

À propos de l'entreprise

Entreprise
Toronto, Ontario, Canada
2 - 10 employé.es
Food & beverage
Représentation
Entreprises appartenant à des minorités BIPOC Petite entreprise Entreprise familiale

Twice As Nice is a well-established Caribbean and international cuisine restaurant that has been serving the Toronto community for over 25 years. Known for its authentic, home-style dishes and warm, family-oriented service, the restaurant has built a loyal customer base through consistency, quality, and cultural connection. Operating seven days a week, Twice As Nice is a cornerstone in the community, offering both dine-in and takeout options. The business is family-run, with Craig Henlin at the helm and supported by his children, part-time staff, and his spouse managing the books. With a strong local reputation and deep community ties, Twice As Nice is now poised for operational improvements, enhanced financial management, and strategic growth opportunities, including potential expansion into new locations.