Assignment front sheet In addition to the above PASS criteria, this assignment gives you the opportunity to submit evidence in order to achieve the following MERIT and DISTINCTION grades Grade Descriptor Indicative characteristic/s Contextualisation M1Identify and apply strategies to find appropriate solutions • Effective judgements have been made. • An effective approach to study and research has been applied. To achieve MI, have effective judgements and approach to study and research to identify and explain the sources of finance available to a business and implications of finance as a resource within a business. Part A Task M2 Select / design and apply appropriate methods / techniques • A range of methods and techniques have been applied • The design of methods and techniques/sources has been justified To achieve M2,apply range of methods and techniques and justify the methods and techniques to make financial decisions based on financial information and evaluate the financial performance of a business..Part BTask M3 Present and communicate appropriate findings • Coherent , logical development of principles and concepts for the intended audience • Appropriate structure and approach has been used To achieve M3, you need to demonstrate coherent and logical development of principles and concepts and use appropriate structure and approach to make financial decisions based on financial information and evaluate the financial performance of a business.Part BTask D1 Use critical reflection to evaluate own work and justify valid conclusions • Conclusions have been arrived at through synthesis of ideas and have been justified. To achieve D1,justify conclusions through synthesis of ideas to identify and explainthe sources of finance available to a business and implications of finance as a resource within a business. Part A Task D2 Take responsibility for managing and organising activities • Activities have been managed. • Substantial activities projects or investigations have been planned, managed and organised To achieve D2, manage activities through properly planning and organizing to make financial decisions based on financial information and evaluate the financial performance of a business. Part B Task D3 Demonstrate convergent /lateral / creative thinking • Ideas have been generated and decisions taken • Receptiveness to new ideas is evident To achieve D3, demonstrate receptiveness to new ideas and take decisions to identify and explain the sources of finance available to a business and implications of finance as a resource within a business.Part A Task Assignment title Managing Finance-Part 1 Purpose of this assignment For this assignment you need to produce a report. You are required to explain sources of finance available to a business and the implications of finance as a resource on the chosen organisation. Scenario: Following a strategic review, as a newly appointed Finance Manager, you are required to produce a report to present to the Finance Director of your chosen company. Task (LO 1.1,1.2,1.3,2.1,2.2,2.3,2.4) M1,D1,D3 Prepare a report and focus on sources of finance available to the business and discuss internal and external sourcesseparately. Assess the positive and negative implication of the different sources of financeidentified. Select a project that is typical to your organisationthen identify and discuss various sources of finance appropriate for that business project. You need research the costs of each of sources of finance you have identified. Also, discuss the importance of financial planning and give detail of howthis financial planning undertaken. You also need to identify the information needs of internal and external decision makers.Finally, describe how different sources of finance identified can influence the appearance of the financial statements. To achieve MI, have effective judgements and approach to study and research to identify and explain the sources of finance available to a business and implications of finance as a resource within a business To achieve D1,justify conclusions through synthesis of ideas to to identify and explain the sources of finance available to a business and implications of finance as a resource within a business To achieve D3, demonstrate receptiveness to new ideas and take decisions to identify and explain the sources of finance available to a business and implications of finance as a resource within a business Evidence checklist Summary of evidence required by student Evidence presented Part A Task A report that demonstrates the understanding for the sources of finance available to a business and the implications of finance as a resource within a business .The report must be written in professional manner and properly referenced. The report should comply with the word count of 2000 with +/- 10% margin. You may use tables and diagrams to support your report to illustrate the text. Word count excludes the index, headings, information contained in tables, references and bibliography. Assignment brief Part B Unit number and title Unit 2: Managing Financial Resources and Decisions Qualification Pearson BTEC Level 5 HND Diploma in Business Start date 24th February 2014 Deadline/hand-in 20th June 2014 Assessor Assignment title Managing Finance-Part 2 Purpose of this assignment For this assignment you need to produce a report. You are required to make financial decisions based on financial information and evaluate the financial performance of a business Scenario: Taking in to consideration the sources for your chosen organisation you have identified in your first report, produce an Investment Appraisal to decide on whether a particular investment is beneficial or detrimental to the company’s future and evaluate the financial performance of a business. Task (LO 3:3.1, 3.2, 3.3, LO 4:4.1,4.2,4.3) M2, M3, D2 You need to analyse a suitable budget period at least six months and comment on performance and the behaviour over that that period .Also comment on what action should have been taken. You need to give the formula and explain the link between unit costs and selling price decisions using relevantexample. Also explain the importance of information on fixed cost, variable cost and break even point.In addition, assess andevaluate the viability of a project using different investment appraisaltechniquesto ensure project is properly funded and it will be profitable. You need to discuss the main financial statements by explaining what they contain, their purposes Andwho makes use of them. Describe and compare the formats (structure, content, detail) of main financial statements for different types of business. Analyse three consecutive years of financial statements of your chosen organisation by using appropriate ratios and comparisons , (both internal and external) To achieve M2, apply range of methods and techniques and justify the methods and techniques to make financial decisions based on financial information and evaluate the financial performance of a business. To achieve M3, you need to demonstrate coherent and logical development of principles and concepts and use appropriate structure and approach to make financial decisions based on financial information and evaluate the financial performance of a business. To achieve D2, manage activities through properly planning and organizing to make financial decisions based on financial information and evaluate the financial performance of a business. Evidence checklist Summary of evidence required by student Evidence presented Part B Task Develop a report to make financial decisions based on financial informationand evaluates the financial performance of a business. The report must be written in professional manner and properly referenced. The report should comply with the word count of 1500 with +/- 10% margin. You may use tables and diagrams to support your report to illustrate the text. Word count excludes the index, headings, information contained in tables, references and bibliography. Criteria Reference To achieve the criteria the evidence must show that the student is able to: Achieved? (tick) LO 1 1.1 identify the sources of finance available to a business 1.2 assess the implications of the different sources 1.3 evaluate appropriate sources of finance for a business project LO 2 2.1 analyse the costs of different sources of finance 2.2 explain the importance of financial planning 2.3 assess the information needs of different decision makers 2.4 explain the impact of finance on the financial statements LO 3 3.1 analyse budgets and make appropriate decisions 3.2 explain the calculation of unit costs and make pricing decisions using relevant information 3.3 assess the viability of a project using investment appraisal techniques LO 4 4.1 discuss the main financial statements 4.2 compare appropriate formats of financial statements for different types of business 4.3 interpret financial statements using appropriate ratios and comparisons, both internal and external PLACE THIS ORDER OR A SIMILAR ORDER WITH US TODAY AND GET AN AMAZING DISCOUNT :)