Q Unit 2 Managing Financial Resources and Decisions - level 4 in business Unit 2 Managing Financial Resources and Decisions Assignment Help - Contact us now for Unit 2 Managing Financial Resources and Decisions assignment help service - level 4 in business! Previous << >> Next Unit 2 Managing Financial Resources and Decisions - level 4 in busines Task 1: Explain the principles of costing and business control systems that may be adopted in CareTech Holding PLC. Shareholders engagement: Data accuracy: Consistency: Materiality: Transparency: Causality and Objectivity: a. Payroll and personnel controls: b. Software and IT infrastructure: c. Regulatory framework: d. Auditing: e. Forecasting: Information needed to manage financial resource Management accounting information: Budgeting: Variance and cost benefit analysis: Financial accounting information: Statement of financial position: The income statement: Cash flow statement: Audit Committee: HMRC: FRC: Company house: NHS Litigation Authority: Regulatory requirements need to be satisfied while managing financial resources in CareTech Holding PLC Evaluation of the systems for managing financial resources in CareTech Holding PLC Budgeting: Audit requirements: Financial accounting systems: Costing and management accounting system: Task 2: Discuss the diverse sources of income available to Care Tech PLC in the financial year in 2013 1. The general sources: 2. Other sources: Analyse the factors that may influence the availability of financial resources in CareTech PLC Government policies: Policies of the organization: Geographical locations: Legal form: Different types of budget expenditure in Care Tech PLC. Sales budget: Capital budgets: Master budget: Cash flow budget: Evaluate how decisions about expenditure are made within a health or social care organisation Maximizing value: Rational thinking: Cost-benefit analysis: Task 3: Assuming there was financial shortfall in CareTech PLC; explain how this situation could be managed Reserve funds: Controlling the financial resources: Managing cash flows: Priorities: Analysis of markets: Explain what action you would take if you suspect occurrence of financial fraud in your organisation Evaluate budget monitoring arrangements in Care Tech PLC Cash Flow: Training Requirements: Spread sheet data: Principles of budget monitoring & controlling Timely review: Multiple levels monitoring: Comparing actual spending with the budget: Setting target: Masters of Arts MA HND Diploma In Law Pearson BTEC Level 1 Diploma in Information Technology A Level Music Online Course MLN 1 Fundamentals of Accounting Assignment Help - BTEC Level 5 HND Diploma in Accounting Apply statistical methods in business planning Interpreting and Using Engineering Information Assignment Help HND Diploma in Business and Administration Unit 13 Managing Financial Principles and Techniques Assignment Help-Pearson BTEC Level 7 Extended Diploma in Strategic Management and Leadership (QCF) Financial Reporting Assignment Help Travel and Tourism Entrepreneur Assignment Help Art & Design BTEC Level 2 Want to Excel in Course? Hire Trusted Writers for Help! —> https://miracleskills.com/ Login to Track Access multiple benefits of your account – access coupon code and track your order instantly! Account Login Submit New Assignment New user can place an assignnment order instantly and take full access of tutor's services. Order Now