Year/Trimester: 2021-22/ Semester 2

 Year/Trimester: 2021-22/ Semester 2
Module Tutor/s: Sam Bazargan/ M Sajid

Assessment

Number N/A
Assessment Type (and weighting) Individual report – 100%
(

2000 words)

Assessment Name

Importance

of Financial

Management

Assessment Submission Date Saturday

15 January 2022 at 23:59

Learning

Outcomes

Assessed:
LO1:

Demonstrate

the

skills

and knowledge to interpret basic

financial

data.
LO2: Demonstrate the skills and knowledge to

maintain

basic financial

records

.
LO3: Illustrate how financial data analysis can aid decision making in business.
LO4: Demonstrate ICT skills in data

manipulation

.
Assignment

Brief

:

Produce

a report based upon the Case Study provided to

answer

the

following

question

:

Define

and discuss the

concept

and importance of financial

management

. Using

examples

, describe and discuss the

processes

businesses

might use to

improve

their financial performance.
Your report should include the following sections:-
Section 1
Introduction: Define and discuss the concept and importance of financial management

(10

marks)

Section 2

Describe and discuss the

main

financial

statements

and explain the use of ratios in financial management.
(20 marks)

Section 3

USING THE TEMPLATES PROVIDED:

i. Complete the Information on the ‘Business Review

Template

(Ensure that you

display your calculations for this detail).

ii. Using Excel produce an Income Statement for the Sample Organisation (see
Case Study). This should be included within your

appendices

.
iii. Using Excel complete the

Balance

Sheet
iv. Using the Case study information describe the profitability, liquidity and
efficiency of the

company

based on the results of

ratio

analysis.

(30 marks)

Section 4
Using examples from the case study describe and discuss the processes this business might use to improve their financial performance.
(30 marks)
Section 5
Your report should be written using proper English

grammar

and should be referenced appropriately. Each reference cited in the report must appear in the reference list at the end.
(10 marks)
Your report must include at least three books and two journal articles, the use of non-academic websites is not permitted.
Specific Assessment Criteria (See Page 3 for

General

Assessment Criteria)
Excellent (70%+): The report

will

be to a high

standard

. It will

provide

a comprehensive

overview

of the concept of management. Particular attention will be given to business

objectives

structures

and roles. It will provide a detailed

discussion

of the main

functions

of a financial managers within businesses.It will show a clear discussion of the processes businesses might use to improve their

performances

and to

mitigate

risks.

Referencing

within the report will be

excellent

and used effectively

throughout

to support the points discussed.
Very Good (60–69%):The report will be to a very

good

standard. It will provide a very clear overview of the concept of management. Attention will be given to business objectives, structures and roles. It will provide a very good discussion of the main functions of a financial managers within businesses. It will show a very good discussion of the processes businesses might use to improve their performances and to mitigate risks. Referencing within text and list at end will be good
Good (50-59%): The report will be to a good standard. It will provide a clear overview of the concept of management. Attention will be given to business objectives, structures and roles. It will provide a good discussion of the main functions of a financial managers within businesses.. It will show a good discussion of the processes businesses might use to improve their performances and to mitigate risks. Referencing within text and list at end will be good
Satisfactory (40-49%): The report will be to a satisfactory standard. It will provide an overview of the concept of management. It will describe the business objectives, structures and roles. It will provide some discussion of the main functions of a financial managers within businesses.. It will show a some discussion of the processes businesses might use to improve their performances and to mitigate risks. Some references within text and list at end.
Unsatisfactory (Below 40%): Unable to

meet

the requirements of a pass

grade

.
Additional Submission Instructions:
You are required to submit a soft copy via “Turn-it-in UK” on the module Moodle page. The software will allow you to

check

your work

against

other material on the internet. It will also

compare

your work against other

students

work. You will be able to

upload

drafts of your written work into turn-it-in as many times as you wish before the

deadline

. You will not be able to overwrite the final

submission

after the deadline. You can only submit a

single

file.