Unit 2 Managing Fianancial Resources and Decisions-HND Business-Level 4

Unit Name - Unit 2 Managing Fianancial Resources and Decisions

Unit Level - Level 4

Task 1

P1.1 Identify the sources of finance available to a business.

P1.2 Assess the implications of the different sources.

P1.3 Evaluate appropriate sources of finance for a business project.

Task 2

P2.1 Analyse the costs of different sources of finance.

P2.2 Explain the importance of financial planning.

P2.3 Assess the information needs of different decision makers.

P2.4 Explain the impact of finance on the financial statements.

Task 3

P3.1 Analyse budgets and make appropriate decisions from the case study given.

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.

P4.2 Formats of Financial Statements.

P4.3 Interpret financial statements using appropriate ratios and comparisons, both internal and external.

Unit 4 Management and Operations - Higher National Certificate/Diploma in Business

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