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Managing Financial Resources and Decisions - level 5

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BTEC Higher National Diploma In Business - Unit 6 Research Project - level 5

Managing Financial Resources and Decisions

Task 1:

P1.1 Identify the sources of finance available to the new business you have chosen

P1.2 Assess the implications of the different sources of finance to your chosen business

P1.3 Select appropriate sources of finance for a business project you have chosen

Task 2:

P2.1 Analyse the costs of different sources of finance

P2.2 Explain the importance of financial planning to the business organisation you have chosen

P2.3 Assess the information needs of different decision makers in your chosen business

P2.4 Explain the impact of finance on the financial statements of your chosen business

Task 3:

P3.1 Analyse budgets and make appropriate decisions

P3.2 Explain the calculation of unit costs and make pricing decisions

P3.3 Assess the viability of a project using at least two investment appraisal techniques

Task 4:

P4.1 Discuss the main financial statements (the discussion should focus on basic form and purpose of main financial statements)

P4.2 Compare appropriate formats of financial statements for different types of business

P4.3 Interpret financial statements using appropriate ratios and comparisons, both internal and external using the data given below.


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