Financial Managing Resources: Role of Management Accounting, Ratio Analysis, Costing, Cost of Capital, Investment Appraisal Method

Financial managing
resources

Contents
INTRODUCTION...........................................................................................................................1
1. Explained the role of the management accounting that helps the organization for their
improvements...............................................................................................................................1
2. Discussed all the topics of each scenario that is given for the purpose of attaining the
primary objective of the XYZ plc................................................................................................1
CONCLUSION ...............................................................................................................................4
REFERENCES................................................................................................................................4

INTRODUCTION
Financial management consists planning, monitoring, directing, organizing the financial
practices such as acquisition and usage of the funds of the firms. It means utilizing the principles
of general management to financial communicator of the corporation (Laguir and et al., 2021). In
this report, there describes the role of the management accountant that assists to the enterprise in
their growth as well as improvement. It also defines the ratio analysis, sources of finance,
costing, the analysis of cost volume profit, cost of capital and investment appraisal method as
well.
1. Explained the role of the management accounting that helps the organization for their
improvements
Management accountant aids in the planning of strategic through furnishing exact,
appropriate data and information that associated with financial and non financial to the manager
of the company on time and helps in the decision making for growth of the organization. The
managerial accountant has number of responsibilities and roles that helps to the organization to
achieve their aims and the objectives in appropriate and effective manner.
 It helps in planning: Management accountant aids to the firm in short term planning as
well as long term. They plays very crucial roles in predicting the future position of the
firm and economic events for making the upcoming plan such as strategic management
bookkeeping, long term plans, developing corporate strategy, market study and so on.
 Managing and maintaining the optimum capital structure: They have play the major
role in raising the finance and their application. He has to manage a proper mix among
the debt and the equity (Marigi, 2019). The arrangement of the funds with the help of the
debt is cheaper because of their tax benefits. Although, it is very risky because of the
interest on debt. They all have to done the payments of the interest whether the
corporation will be able to generate the profit or not.
2. Discussed all the topics of each scenario that is given for the purpose of attaining the primary
objective of the XYZ plc
Ratio Analysis
1