The third task is a continuation of the study material which will teach the management trainees to evaluate how planning tools for accounting help to solve problems and support organisations with sustainable success (D3). This will include an explanation of the advantages and disadvantages of the budgetary tools by analysing of the use of different planning tools and their application for preparing and forecasting budgets (P4, M3). The study material will go onto look at how to respond to financial problems, and how management accounting can lead organisation to sustainable success (M4). This will include a comparison of how organisations are adapting management systems to respond to financial problems

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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The third task is a continuation of the study material which will teach the
management trainees to evaluate how planning tools for accounting help to solve
problems and support organisations with sustainable success (D3). This will
include an explanation of the advantages and disadvantages of the budgetary tools
by analysing of the use of different planning tools and their application for
preparing and forecasting budgets (P4, M3). The study material will go onto look
at how to respond to financial problems, and how management accounting can lead
organisation to sustainable success (M4). This will include a comparison of how
organisations are adapting management systems to respond to financial problems
Transcribed Image Text:The third task is a continuation of the study material which will teach the management trainees to evaluate how planning tools for accounting help to solve problems and support organisations with sustainable success (D3). This will include an explanation of the advantages and disadvantages of the budgetary tools by analysing of the use of different planning tools and their application for preparing and forecasting budgets (P4, M3). The study material will go onto look at how to respond to financial problems, and how management accounting can lead organisation to sustainable success (M4). This will include a comparison of how organisations are adapting management systems to respond to financial problems
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