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ASSIGNMENT:
The submission is in the form of an individual numerical/written report. This should be written in a concise, formal business style using single spacing and font size 12. You are required to make use of headings, paragraphs and subsections as appropriate, and all work must be supported with research and referenced using the Harvard referencing system. Provide working notes wherever required. The document must be submitted to turnitin in word document. Please provide a bibliography using Harvard referencing system if you referred any sources for theoretical parts or questions. The numbers/numerical statements and calculations must be neatly/clearly shown so that the assessor assess the work of the learner appropriately.
L.O:1: Analyze the purpose for developing and presenting financial information
Task Summary
Management accountants look ahead – they focus on forecasting and decision-making. They use information to advise on how the business can move forward. Management accounting involves using the internal financial information available to managers, as well as that information which companies must publish by law. This contributes to forward planning, reviewing and analysing the performance of the business.
Scenario
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