logo

Finance for Strategic Managers

   

Added on  2021-02-19

15 Pages5002 Words152 Views
Finance for StrategicManagers

Table of ContentsINTRODUCTION...........................................................................................................................1ACTIVITY 1....................................................................................................................................11.1 Importance of financial information to business...................................................................11.2 Identification of the business risks........................................................................................21.3 Financial information needed to make strategic business decisions.....................................3ACTIVITY 2....................................................................................................................................32.1 Purpose, structure and content of published accounts..........................................................32.2 Interpretation of the financial information............................................................................42.3 Calculation of the financial ratios.........................................................................................5ACTIVITY 3....................................................................................................................................63.1 Distinguishes between long and short-term financial requirements for businesses..............63.2 Table comparing the sources of long and short term finance for businesses........................73.3 Cash flow management techniques and its importance........................................................8ACTIVITY 4....................................................................................................................................94.1 Compare and contrast the roles and accountability of owners and managers in makingdecisions......................................................................................................................................94.2 Evaluation of methods for appraising Corporate governance strategic capital.....................9CONCLUSION .............................................................................................................................11REFERENCES .............................................................................................................................12

INTRODUCTIONIn present world, finance are the major part for any business, as it play an extremevaluable role in making other services or business operation to perform in profitable manner (AlRajhi and et. al., 2012). It is stated that function of finance is two sided such as it support inmanaging expenses, pay outstanding bills and stick to the prepared budgets. On the other side isaid companies to develop more money and increase profit by a good margin. The role ofstrategic manger is more wider as they not only manage the company finance but keep theirentire focus on making them successful so that predetermined goals can be achieved andmaximum value can be given to respective shareholder over specific time. In this report,BeaverBrook the Jeweller a small family business is taken to better understand the finance forstrategic manager. It is a small family business that deals in different kind of artificial, gold andsilver Jewellery at reasonable price due to which it is getting success day by day. In this report, importance of financial informations, identification of business risk, anduse of this informations to make strategic business decision are defined. In addition, purpose,structure and content of accounts, interpretation of accounts and proper calculation of financialratio that support in decision making are discussed. Additional, report also describe differencebetween long and short term financial requirement and importance of cash flow and isimportance. In last evaluation of different methods for capital appraising are discussed. ACTIVITY 11.1 Importance of financial information to businessThe financial information are the basic business action of a firm that performed by thebusiness manager in order to control the firm's activity. These kind of business information arereally required to asses the financial statement, business position, projection of the budgetarycontrol, cash flow activities and other business concerns (Ball, Jayaraman and Shivakumar,2012). These information are useful to a firm at broad range for the user as well as internalstakeholder of a company. Financial statement are includes the all type of business concern likefinancial business activities, direct income and revenue, expenses, assets, liabilities, operatingactivities to the management of the organisation. Financial information can access by the internalshareholder along with management. It will also to the outsider people including suppliers,investors, customers and government. Beaverbrooks the Jewellersfirm is evaluating the1

End of preview

Want to access all the pages? Upload your documents or become a member.

Related Documents
FINANCE FOR STATEGIC MANAGERS TABLE OF CONTENTS INTRODUCTION 1 TASK 11 AC 1.1 Need of financial information for strategic business managers
|16
|4137
|207

FINANCE FOR STRATEGIC MANAGERS
|20
|5538
|153

Finance for Strategic Managers
|17
|5102
|433

Finance for Strategic Managers - Assignment
|22
|5674
|247

Report on Finance for Strategic Managers
|22
|5029
|30

(Doc) Finance for Strategic Managers - Assignment
|15
|4375
|30