Scenario-2

As a newly qualified Management Accountant, you have been asked by your line manager to produce a report which analyses the organization's use of planning tools to ensure financial stability and performance as well as ways in which management accounting has played a key role in preventing and solving financial problems.

The management report should cover the following:

1.A. Evaluate how planning tools for accounting respond appropriately to solving financial problems to lead organizations to sustainable success. B. In order to do this, you need to analyze the use of different planning tools and their application for preparing and forecasting budgets and how management accounting can lead organizations to sustainable success

2.C. Explain the advantages and disadvantages of different types of planning tools used for budgetary control and D. compare how organizations are adapting management accounting systems to respond to financial problems

3.Evaluate how planning tools for accounting respond appropriately to solving financial problems to lead organisations to sustainable success.

*, give reference to support your work, where appropriate using the Harvard Referencing System (HRS).. and kindly list reference material and websites, you use.