Diploma in Business Management Report Writing - Management Assignment Help

Assignment Task

Task

Assignment Question:

Scenario.

Learners may use their own employment context to write an assignment based on assessment tasks. Assessment tasks are learning outcomes of the unit associated with Assessment Criteria. You are required to generate sufficient evidence on assessment criteria to meet learning outcomes of the unit within the rules, regulations and standards to achieve credits of the unit. If you are not in employment, please use the following scenario.

Consider you are working as a Financial Manager of a small-medium sized private limited organisation, which deals with its customers all over the world to sell its products and services. Your role includes Financing decisions which are mainly concerned with the acquisition of funds to be used for investing and financing day-to-day business operations. In the role of financial manager, you are evaluating the financial condition, business operations and the performance of the company by considering performance indicators of an industry and ensure that shareholders’ interest is protected all the times. You are given a task by Directors to critically evaluate, investigate, and examine the financial systems, processes and procedures of the company and suggest improvement of the financial position of the company. Therefore, prepare a report based the following 3 tasks that will help Directors to set long-term strategic plan. 

Task 1:

Explore the nature and use of financial information.

1.1: Discuss the need for financial information, its purpose, limitations and the main stakeholders interested in the information.

1.2: Identify accounting arrangements and conventions used by organisations. Assessment Criteria

1.1: Discuss the need for financial information, its purpose, limitations and the main stakeholders interested in the information.

1.2: Identify accounting arrangements and conventions used by organisations.

Task 2:

Investigate the principles and standards used to produce accounting and financial information.

2.1: Explain how accounting frameworks and regulation influence accounting and financial arrangements.

2.2: Explain the uses of published financial information.

2.3: Explain how an organisation uses management accounting practices.

Assessment Criteria.

2.1: Explain how accounting frameworks and regulation influence accounting and financial arrangements.

2.2: Explain the uses of published financial information.

2.3: Explain how an organisation uses management accounting practices.

Task 3:

Examine financial commentary that interprets and analyses published financial information.

3.1: Explain the main items commented on and explain their importance.

3.2: Identify trends in published accounting information.

Assessment Criteria.

3.1: Explain the main items commented on and explain their importance.

3.2: Identify trends in published accounting information.                             

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