Managing Financial Resources

Managing financial resources
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Table of Contents
Table of Contents.............................................................................................................................2
ASSIGNMENT 1.............................................................................................................................3
INTRODUCTION...........................................................................................................................3
MAIN BODY..................................................................................................................................3
Q1. Examining the various financial statements and financial ratios..........................................3
Q2. Interpreting certain financial ratios of the company.............................................................5
Q3. Analysing the financial information needs of different stakeholder.....................................7
CONCLUSION................................................................................................................................8
ASSIGNMENT 2.............................................................................................................................9
INTRODUCTION...........................................................................................................................9
MAIN BODY..................................................................................................................................9
Q2. Identifying the meaning of cost-plus approach and problem...............................................9
Q3. Identifying the financial ratios of the company..................................................................10
Q.4 Analysing the terms............................................................................................................11
CONCLUSION..............................................................................................................................12
REFERENCES..............................................................................................................................14
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ASSIGNMENT 1
INTRODUCTION
Managing the resources refers to the regulating and operating the various types of resources in
the company and will lead to satisfaction among the employees and overall management. This
also termed as properly allocation of resources so that it can able to optimize the activities and
functions (Aidemark, 2001). This will going increase the effectiveness and will improve the
efficiency and enhance the production. This could be achieved by the reducing the wastages and
will going to increase the profit for the company. In this report it is being discussing about the
effectiveness of financial statements and different financial ratios and that will be useful for the
shareholder. Apart from that its evaluating the various types of ratios that is being used in the
company and interpret its performance. It is being analysed about the different types of financial
information that will be needed by the shareholder to take the informed decisions.
MAIN BODY
Q1. Examining the various financial statements and financial ratios
Financial statements are financial information that is portrait by the organisation to
evaluate the financial performance of the company at the end of the year. It shows the formal
records of all necessary financial transaction that used to take place in day-to-day operations to
maintain the efficiency. This is useful in taking important decision about the performance of the
organisation and further action that is taken by the top management. This is very important part
to make the financial statements of the company and formulating the profit. Following are types
of financial statements are as follows-
 Income statements- This is financial information that helps in reporting the company’s
financial performance for specific period of time. This essential part of the company that
will is prepared by the accountant to analyse the income and expense during financial
year. This is used by many external users to assess the overall performance of the
organisation. Some of the components are as follows-
Revenue- It concern with the sales of goods and services that company generate or produced
profit during the specific period (Barsky and Marchant, 2000). This differs from the various
activities and involves many efforts to minimize the profit for the company.
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