Write a report in which you discuss the importance of accounting (financial and management accounting) in the running of a business. Make reference to an SME and highlight the significance of accounting in promoting company growth i.e. from SME to becoming a larger organization.

NOTE: Please write a REPORT of not more than 3000 words. The allocation of marks for this assignment is outlined below:

Executive summary 10%

Introduction 10%

Main Body 60%

Conclusion 10%

References 10% (referencing style: APA)