Article abstract

CIMA is the Chartered InstituteofManagement Accountants. Its members are trained and qualifiedinthe vital areaofmanagement accountancy.Businessescan only compete effectively if they have the best financial information and the best people to make decisions based on that information. Many senior managers running global companies are or are supported by CIMA-trained accountants. Management accountants are, or advise, key decision makersinbusinesses. They have a key roleinensuring thatbusinessesare not only competitive, but also financially secure. This means looking to the future and predicting what might happen based on current figures. This case study looks at how management accountants forecast, monitor and controlcashflowinorder to maintain the ongoing financial healthofbusinesses.

According to this article, please answer:

1) Summary and its purpose

2) How this article has helped you revisit the fact that availability of real money in a business organization is very crucial. And in any cash flows assignments.