| Category | Report | Subject | Accounting |
|---|---|---|---|
| University | Module Title | AAF043-6 Management Accounting And Financial Planning |
The report consists of how Segro Plc can undertake sustainable management accounting practices and what are the main financial challenges it is likely to face during the adoption of the sustainable management accounting process. Management accounting and financial planning are the essential elements for carrying out strategic business activities. Management accounting deals with both financial and non-financial information provided to internal stakeholders like employees and managers which aids in the decision-making process, performance assessment, and business operational control. Financial planning involves setting long-term financial objectives for the business as well as developing strategies for achieving the proposed strategies (Schaltegger et al., 2022). It involves assessing the present financial status, projecting the future sales and expenses of the business, and developing a detailed financial plan to aid in the organizational growth, development, and sustainability procedure. In this report, as the line manager of Segro Plc, which is a UK-based real estate company have prepared a detailed report for the board of directors of the company on how the company manages its trade-offs with its external business environment like social, environment,t and economic factors within the UK real estate sector.
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