Finance in management paper

Advanced Finance for Decision Makers

Unit aims This unit demonst「ates the links between business decision

making, 「isk assessment and financia=nfo「mation. Once finance is

PIaced in context, the unit cove「s financiaI reporting and the way

financiai perfomance is measu「ed. it investigates how businesses

a「e financed th「ough thei「 fixed and wo「king capitai 「equirements.

1t expIains how the financial management of each organisation is

influenced by its gove「nance and ownership structu「e as weli as

accounting standa「ds and the ethical basis on which financiai

「eporting is organised.

Learne「s who aspi「e to management positions w川deveIop

financiai knowIedge and understanding needed to make sound and

OnSibie business decisions.

Unit Ievel

Unit code Y1505I9235

C「edit value

StruCtu re

Assessment guidance To achieve this unit, Ieamers must achieve the leaming outcomes

and meet the standa「ds specified by the assessment crite「ia fo「 the

unit. AdditionaI assessment guidance is p「ovided on the ATHE

SamPIe assignment b「ief. This is an extensive unit cove「ing a wide

「ange of financiaI info「mation and techniques and the 「eIevance

and impiications for business. Lea「ne「s must demonstrate

unde「standing of the impact of va「ious eIements of financiai

information and anaIysis on 「isk assessment and decision-making,

In addition lea「ne「s need to show unde「standing of the 「eiationship

between finance and business ownership, gOVe「nanCe and ethics,

Lea「ne「s w川need to use pubIished accounts to complete thei「

WO「k and whe「e app「op「iate use examples f「om thei「 own

expe「ience o「 from 「esea「ch to i=ustrate the points which are

made,

」eaming OutCOme

1 Understand the roie offinanciaI

information and financiaI anaIysis in

business risk assessment and

decision-making

1.1 Examine the facto「S that guide and d「ive

decision making in business

工2 Assess the sign桐cance of financiaI facto「s in

business decision making

l.3 identify the cha「acte「istics of business 「isks

that impact on financiaI and business

decisions

l.4 Summarise financiaI priorities that should be

COnSide「ed in business decision makin

how financial statements

a sound

1 ComDa「e the acc「uaI and cash

◎ATHEしtd 2016

17022016 Ve「sion 2.1 19

一 〇 〇 1 I I �鵜 � ��� � ���22ExIai �����

ndthei「us ��f　b・ ������aI �� 圏報国　　-　●葛 � ����������● �●-　　　●

2・3i=te「p晦 　sh � � � ���tio S �n � ���● ��

n a �CO S te �mestatemen Offundsstat betweenfin �����n d ( ���Ce �� appiicat �����������n

2.4D鵬「en ����������� CIa ��eCiSI ndth ��� ��

.aCulate thatcan �血 be ��anciairat usedtos ��S p �f「om ○巾b �u �fjnaIa SIneS ��CCOuntS Sdecjsjo ���

3Unde「stan howbusin andwo「kin ∠∴’ �● �「C ��� �� ��makIn � �� ��� �� eSOmanCeand SSeSfinancefixedasset CaPjtal ��������s　霊窯豊等‡薄黒嵩 �����������

busineSSeS

3.2Comparethesou「cesof-ong-te「mfinanci=g andworki=gCaPita-fjnancjngforbusjnesses 3胡dentifywhyaccesstoworkjngcapitalis CrjtjcaItobusinessco=tinuity �������������

3・4Exam一=eC「jtica-Iythetech=iquesneededto managecashfIowandthekeybusjness decjsionso=WhichcashfIowimpacts 3.5EvaiuatemethodSformakingcapjtaI eXPenditu「eorjnvestme=tdecisionsandthe C「iteriathatmaybeappIjedjntheevaIuatjon. 3・6ExpIainthepossib-ebenefitsa=ddrawbacks OfoffLbaianceshtf.

Jnde「sta=dhowdiffer �����● ��e「Ship �� �　eeInanC ica=thefin �����∩ ia= ips 「na � ������

4.2Anaiysetheco ���「PO「ategov ����n � �� ��● uctu「es CI ���

圏　　●・●　‾ �� �●　　　　　- � �●　●　　-　一　　● ������ ● � � �● �

making �0 ��e「Sand ���na　　・ ���� �●: IS

4.4Evaluatet 　Emiod �es R e �� ��� ��

pye Perfo「man ���easuresfo「the ����● �ng-term ����

SuStaj=abjl �ゆ0 ��fb. uSineS �SeS ��� �

eeI Sha「e(EPS) ��○○

三　二ゴe「standho ��� �� � � ���� �,鵜喜喜百百i雪∃貢 �� ��� ��� e巾ermance �����������

二ョ雨al「epo巾 �WaC inga ��ntabIIl hejnt byet tings ����fb「 grjtyof icaI, nda「ds ��5.1Diffe「entiatebetweenbu ����� �������� essethics ‾ミキ3鵬nga「ejn �¶uenc ��������gOVe「nanceandaccountj �����　　　) ngethicsascont「oIs

↑三二‾・モmanceandacco 、」7音l享′ ���������OnbusIneSSaCCOu=ta踊ty 5.2Assessthe「oleoftheDi「ecto「ofFjnanceo「 theChiefFi=ancja-Offiee「asaguardianof businessethics

eふ‾〇三二三三〇音16 ●‾二二二ノ三㌧三吉帥2,1

20

5.3Analysethekeyconce・PtSandprincipIesof

CO「POrategOVe「nanCethatmayimpacton

businessdecisions

5.4ExaminethekeynationaIandinte「national

financialreportingstanda「dsreievantto

businessdecisions

5.5ExaminethekeyrequirementsforpubIished

accountsofaPubiicLimitedCompany(PLC)

◎ATHE Ltd 2016

17022016 Ve「sion 2.1 21