Distinguish key financial data, information and accounting systems to meet and manage organisational objectives..
1 Examine the financial context for contemporary organisations including appropriate sources of finance.
2 Critically discuss how financial information is communicated with stakeholders.
3 Distinguish key financial data, information and accounting systems to meet and manage organisational objectives.
4 Analyse the results of financial data and explain their relevance to organisational stakeholders including control methods such as governance.
5 Critically assess the limitations of accounting principles and assumptions and how financial techniques may need to be supplemented with other approaches.
6 Apply appropriate accounting techniques to create a financial plan for an organisation.
Task:
As a consultant you have been given the task of developing new product or services and start new division within a company of your choice from the FTSE 350 link below. Choose a company that is different from assignment 1 (speak to your tutor regarding your chosen company). You are required to create a financial report on a new product or service for the company you have chosen. The executive board has also asked you to carry out a feasibility study and produce a financial plan for the next 3 years for the new division of the company.
FTSE 350
Marks for each task are shown below. As a guide you should be aiming to write 3,000 words in total. Details of the Task
You are required to produce a detailed written Financial Plan for the new business division (3000 words maximum excluding references/ appendices) that identifies and analyses the organisation’s operations, in terms of its financial activities, in the following areas:
1. Breakeven Analysis
2. Projected Profit and loss 3. Projected Cash flow 4. Projected Balance Sheet
5. Financial Ratios