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  • BAE

Business memo explaining the purpose of accounting, how it can help to monitor control a business

Task –

a) Prepare a statement of cash flow for Plato Ltd for the year ending 31 March 2015 using the indirect method in IAS 7 Statement of Cash Flow. (40 marks)


b) Discuss the current business strategy used by Plato Ltd, considering the statement of cash flow that you have prepared. (10 marks)


c) Write a business memo explaining the purpose of accounting and how it can help to monitor and control a business. (20 marks)


d) Justify your recommendation for the preparation of monthly cash budgets for Plato Ltd. (30 marks)

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