Assume that you a personnel officer in a manufacturing company and that one of your employees is a young engineering manager called Moses Boron. Moses has been chosen to attend the local university's business school to study for a diploma in management. Moses is reluctant to attend the course because he will have to study accounting. As an engineer he thinks that it will be a waste of time for him to study such a subject.

Required:

Write to Moses explaining why it would be of benefit to him to study accounting. Your report should include references to both financial accounting and management accounting. (20 marks)