Finance and Accounting

Finance and Accounting

explain the importance of financial planning and AC2.3Assess the information needs of diffrent decision makers
Project description
As a management consultant for a manufacturing company,you are required to prepare amemorandum report for the attention of the management account expalining the importance of financial planning and the need to effectively dissminate information to various decision makers.
your report should specifically highlightthe need to identify shortages and surpluses(eg.cash budgeting),the implications of failure to finance adequately;and an outline of the various decision makers within the organisation,whith information requirements

 

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