Learning Outcomes Assessed:
LO1 Demonstrate the skills and knowledge to interpret basic financial data.
LO2 Demonstrate the skills and knowledge to maintain basic financial records
LO3 Illustrate how financial data analysis can aid decision making in business.
LO4 Demonstrate ICT skills in data manipulation
Assignment brief:
Produce a report based upon the Case Study provided to answer the following question:
Define and discuss the concept and importance of financial management. Using examples, describe and discuss the processes businesses might use to improve their financial performance.
Your report should include the following sections:-
Section 1
Introduction: Define and discuss the concept and importance of financial management
(10 marks)
Section 2
Describe and discuss the main financial statements and explain the use of ratios in financial management.
