Management Accounting and Finance for Decision Making

This report discusses the concepts of management accounting and financial reporting practices in the context of Alpha Ltd Company. It covers topics such as IFRS adoption, simplified balance sheet, working capital, common size income statement, and critical evaluation of company performance. The report emphasizes the importance of promoting accounting practice harmonization through IFRS adoption and highlights the benefits of using a simplified balance sheet and common size income statement for financial analysis. It also provides insights into the company's working capital, net cash, and overall performance.