Write business memo explaining the purpose of accounting & how it help to monito, control business

Task – 100 Marks

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)