Your line manager has requested your help in preparing a management accounting report based on the
information above.
a) Explain the essential requirements and their benefits for management accounting system to function
efficiently
b) Discuss how management accounting systems and its report help support an organization like Lets
Grow Ltd in making decisions.
c) Prepare a cash budget for the coming six months ending in August 2020.
d) Analyse the use of cash budgets and its application for preparing and forecasting the financial
position of an organization like Lets Grow Ltd.
e) Discuss how Lets Grow Ltd can adapt its management accounting system to deal with financial
problems.
f) Provide a critical evaluation of the financial position of Lets Grow Ltd based on the forecasted cas
budget prepared by you.
