Managing Financial Resources and Decisions

    Managing Financial Resources and Decisions

    Paper instructions:
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    Before you start please, use and follow the attached file for full instructions of the assessment. There is all criterias and what should be write. Please use for Headlines the LOs for which write. You should include types and number of references in the text and in the end. You should use Harvard style for them. The assessment should be write in Academic level / University or College/. The level of plagiarism should be less then 20%. May be uploaded future information for the assessment if is needed.

    In addition to the above PASS criteria, this assignment gives you the opportunity to submit evidence in order to achieve the following MERIT and DISTINCTION grades

    Grade Descriptor
    Indicative characteristic/s
    Contextualisation
    M1Identify and apply strategies to find appropriate solutions • Effective judgements have been made.

    • An effective approach to study and research has been applied. To achieve MI, have effective judgements and approach to study and research to identify and explain the sources of finance available to a business and implications of finance as a resource within a business. Part A Task
    M2 Select / design and apply appropriate methods / techniques • A range of methods and techniques have been applied

    • The design of methods and techniques/sources has been justified To achieve M2,apply range of methods and techniques and justify the methods and techniques to make financial decisions based on financial information and evaluate the financial performance of a business..Part BTask
    M3 Present and communicate appropriate findings • Coherent , logical development of principles and concepts for the intended audience

    • Appropriate structure and approach has been used To achieve M3, you need to demonstrate coherent and logical development of principles and concepts and use appropriate structure and approach to make financial decisions based on financial information and evaluate the financial performance of a business.Part BTask
    D1 Use critical reflection to evaluate own work and justify valid conclusions • Conclusions have been arrived at through synthesis of ideas and have been justified.

    To achieve D1,justify conclusions through synthesis of ideas to identify and explainthe sources of finance available to a business and implications of finance as a resource within a business.
    Part A Task
    D2 Take responsibility for managing and organising activities • Activities have been managed.
    • Substantial activities projects or investigations have been planned, managed and organised To achieve D2, manage activities through properly planning and organizing to make financial decisions based on financial information and evaluate the financial performance of a business.
    Part B Task
    D3 Demonstrate convergent /lateral / creative thinking • Ideas have been generated and decisions taken
    • Receptiveness to new ideas is evident To achieve D3, demonstrate receptiveness to new ideas and take decisions to identify and explain the sources of finance available to a business and implications of finance as a resource within a business.Part A Task

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    Assignment title Managing Finance-Part 1
    Purpose of this assignment
    For this assignment you need to produce a report. You are required to explain sources of finance available to a business and the implications of finance as a resource on the chosen organisation.

    Scenario:
    Following a strategic review, as a newly appointed Finance Manager, you are required to produce a report to present to the Finance Director of your chosen company.
    Task (LO 1.1,1.2,1.3,2.1,2.2,2.3,2.4) M1,D1,D3
    Prepare a report and focus on sources of finance available to the business and discuss internal and external sourcesseparately. Assess the positive and negative implication of the different sources of financeidentified. Select a project that is typical to your organisationthen identify and discuss various
    sources of finance appropriate for that business project. You need research the costs of each of
    sources of finance you have identified.

    Also, discuss the importance of financial planning and give detail of howthis financial planning
    undertaken. You also need to identify the information needs of internal and external decision makers.Finally, describe how different sources of finance identified can influence the appearance of the financial statements.

    To achieve MI, have effective judgements and approach to study and research to identify and explain the sources of finance available to a business and implications of finance as a resource within a business

    To achieve D1,justify conclusions through synthesis of ideas to to identify and explain the sources of finance available to a business and implications of finance as a resource within a business

    To achieve D3, demonstrate receptiveness to new ideas and take decisions to identify and explain the sources of finance available to a business and implications of finance as a resource within a business

    Evidence checklist Summary of evidence required by student Evidence presented
    Part A Task A report that demonstrates the understanding for the sources of finance available to a business and the implications of finance as a resource within a business .The report must be written in professional manner and properly referenced. The report should comply with the word count of 2000 with +/- 10% margin. You may use tables and diagrams to support your report to illustrate the text. Word count excludes the index, headings, information contained in tables, references and bibliography.

    Assignment brief Part B
    Unit number and title Unit 2: Managing Financial Resources and Decisions
    Qualification Pearson BTEC Level 5 HND Diploma in Business
    Start date 24th February 2014
    Deadline/hand-in 20th June 2014

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