Finance Assignment 2 QUESTION 1 PLS HELP ME TO ANSWER ALL THE QUESTIONS

PLAN FOR FINANCIAL MANAGEMENT

A) Preparing a financial report on the planning requirements to undertake budgeting, financial forecasting, and reporting financial management. B) Reviewing the previous profit and loss statements, cash flows, and ageing summaries to identify areas that have generated a profit or loss.

C) Identifying reasons for historical losses or profits generated from previous loss statements, cash flows and ageing summaries.

D) Reviewing the business plan to establish critical dates and initiatives that will require, or will generate, resources in the next financial cycle.

E) Analysing cashflow trends. F) Reviewing statutory requirements for compliance and tax liabilities. G) Reviewing the existing software and its suitability for financial management.