Question
She must comple te a consulting project for an in-house workmate as part of the program. The Chief Financial Officer (CFO), who is based in
She must comple te a consulting project for an in-house workmate as part of the program. The Chief Financial Officer (CFO), who is based in Seychelles, was aware of Amahle's' ongoing studies and called with the following proposal: Amahle, the area has been given a new five-year bottom-line profit goal of R 2000 million. We need to strengthen our financial management decision making at the hotel property level as part of the plan to reach the goal - would you like to assist with this as part of your Honours consulting project? The CFOs for the assignment was timely in Amahle's' opinion for two reasons. For instance, it coincided with her need to establish a consulting project as part of her studies. Second, the work of previous managers on Crea ting a Benefit Planning System for another major international hotel chain had already motivated her to begin her own evaluation and testing of the viability of using marginal analysis in one of her Asian hotels. As a result, Amahle accepted the CFP's briefing after consulting with her project mentor. This is what it says: Assess financial statements for decisionmaking at the properties in the area considering existing best practice and send a report to me recommending potential financial information needs for managers, as well as a training and development plan to facilitate the implementation of your recommendations. Amahle gave a formal presentation to the CFOs' Financial Management Board in Seychelles after debating her proposals and deciding on a suitable consultancy plan with her project mentor. While the proposal included the investigation's intent and a mechanism for assessing managers' current and future financial information needs, the proposal's core was the introduction of marginal accounting strategies across the EMEA area, based on the conceptual framework of previous workers. The Board was impressed with Amahle's' presentation and asked her to start working on the project right away. QUESTION 1 (20 Marks) 1.1 Referring to the given scenario, assess aspects essential to getting started with writing (10 Marks) 1.2 Evaluate ways to structure a project report (10 Marks)
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