Management Accounting Case Study: Improving Cash Management and Sales Revenue at HLW

MANAGEMENT
ACCOUNTING
HLW CASE STUDY

INTRODUCTION:
 Club facing several issues.
 Required to write a letter to managing director
addressing the issues faced.
 Improving the ability to plan the management of cash

ISSUES IDENTIFIED
Some of the issues oh HLW are as follows:
 Inefficient operations of cash flow
 Adverse impact on sales revenue of HLW
 Inadequate plan in managing the cash receipts.

EVALUATING THE NEW MEMBERSHIP
AND FEES STRUCTURE
 The ability to plan the management of cash receipts
would improve (Thomas, 2016).
 Court fee and annual membership are the two sources of
revenue
 Instead of using individual program, the money cab be
used on an unrestricted basis for general operations of
funds (Ax & Greve, 2017).