Student Name. Student Id. BSBFIM801. manage financial r

BSBFIM801
MANAGE FINANCIAL RESOURCES
Assessment 1
Submitted by:
<Student name>
<Student Id>

Student Name Student Id
Table of Contents
Part 1..........................................................................................................................................2
Financial Plan.........................................................................................................................2
Part 2..........................................................................................................................................2
Financial Report.....................................................................................................................2
Breakeven Analysis....................................................................................................................4
Products or services................................................................................................................4
Forecasting technique.............................................................................................................4
Analysis of forecasts..............................................................................................................4
Statutory requirements...........................................................................................................4
Collection of comparative and trend information to support budget.....................................4
Negotiation strategy to acquiring funding for business project.............................................4
Records maintained to ensure up-to-date information about resource allocations and usage5
Reporting budget performance and expenditure....................................................................5
Risk return analysis................................................................................................................5
Budget monitoring.................................................................................................................5
Part 3..........................................................................................................................................5
Explain the reports that require lodging by this company according to the Australian
Security and Investment Commission (ASIC).......................................................................5
Analyse these financial records by applying the horizontal and vertical analysis methods. .5

Student Name Student Id
Explain whether you think that the organisations financial decisions will serve to meet the
organisations planned outcomes............................................................................................6
Conclusion..................................................................................................................................6
References..................................................................................................................................7

Student Name Student Id
Part 1 & Part 2
Financial Report
STATEMENT OF FINANCIAL POSITION
Projected Balance sheet
As at 31st March 2019
Particulars Amount
Assets
Current Assets
Bank A/c
$
45,274.00
Other current assets
$
25,000.00
Total current assets
$
70,274.00
Non-Current Assets
Espresso Machine
$
10,800.00
Coffee Grinders
$
2,700.00
Blenders
$
2,150.00
Food service equipment
$
27,900.00
Inventory
$
18,950.00
Cutlery
$
5,000.00
Office Equipment
$
5,600.00
Total non-current assets
$
73,100.00
Total Assets
$
143,374.00
Liabilities and the Shareholder's Equity
Capital
Abey
$
25,000.00
Barley
$
15,000.00
Chillzy
$
7,500.00