Importance of Financial Information in Business Strategy

Finance For Strategic
Managers (TASK 1)

Covered content
• Introduction
• Sources of Financial data suitable for informing business strategy
• Need for financial data and information in relation to formulation of
business strategy
• Risks related to financial business decisions
• Appraisal Methods used in strategic capital expenditure projects and
direction
• Conclusion
• References

Introduction
This presentation explain the importance
of financial information in terms of making
decisions and goals for better business
goals. Investment appraisal techniques for
better decision making also considered in
this presentation. Risk related to financial
decision making also defined that affect
the strategic planning.

Objectives of developing international
accounting standards
Every organisation operates towards a short-term goal which is linked to a
long-term objective that aims to achieve the enterprise's overall mission and
vision. In order to undertake accurate strategic planning measures, the
business managers may take into account certain sources of financial data
that are key indicators of company's long-term growth potential.