Managing Financial Resources and Decision;ICON COLLEGE OF TECHNOLOGY AND MANAGEMENTPearson BTEC Level 5 HND in Business (QCF)Unit 2: Managing Financial Resources and Decision QCFSession February 2014Course work (Word limit 3500)HND Assignment BriefProgramme titleML 955: Pearson BTEC Level 5 HND in BusinessUnit number and titleUnit 4Assignment number andtitle1 of 1Module leaderMr Asare AmaningManaging Financial Resources and DecisionsObjectives Of A FirmStudent nameAssessor (receiving thework)Issue date1st February 2014ResubmissionYDeadline(s)Written Work:2-7 June 2014DeadlineTBALate submission:Work submitted after the deadline, and within 2 weeks of the deadline,will be capped at a pass grade unless extenuating circumstances applysee programme handbook for further information. Work submitted laterthan two weeks after the deadline will not be accepted.FeedbackFeedback will be available within 3 weeks of the submission date.4 tasks ? all in essay formatTask 1 Understand the sources of finance available to abusinessTask 2 Understand the implications of finance as aresource within the travel and tourism industryTask 3 Be able to make financial decisions based onmanagement accounting information, such as budgets,variance analysisTask 4 Be able to evaluate the financial performance of abusiness.?ICTMSubmission dates TBAAssignment Brief ? continuedGeneralGuidelines????IntroductionandbackgroundnotesThe work you submit must be in your own words. If you use a quote or aillustration from somewhere you must give the source.Include a bibliography at the end of your document. You must give all yoursources of information.Make sure your work is clearly presented and that you use correct grammar.Wherever possible use a word processor and its ?spell-checker?.Objectives Of A FirmThe objectives of a company are to build around its customers and employees,and look for opportunities around the world to be recognised as a world classcompany.The company wants to be highly valued by its customers and all otherstakeholders in order to increase the value of the business.By providing the best quality of goods and services at the best possiblecompetitive price, the company will be able to expand its business to the nextlevel. This will not only enable the company to achieve competitive advantages,but will also serve the primary purpose of its shareholders.What you must doGradingCriteria2|P ageAssignment Brief ? continuedYou are required to fulfil the following four tasks in essay format byusing the financial statement provided by your lecturer.Use relevant theory and apply in context of the financial statementprovided.Total word limit is 3,500 words; your assignment should be at least3,000 words in length, any calculation should show in the appendixand the must not form part of the required number of words.Task 1 (LO 1)You are a recent finance graduate from University of London and you havejust been appointed as a junior consultant for a Financial Consulting Firm inthe city. Your immediate manager has asked you to write a report on thesources of finance highlighting the three key sources in Short term, Mediumterm and Long termTask 2 (LO 2)a) You are required to analyse the impact the key sources mentioned abovewill have on the company?s financial statements (Income statement andthe Balance Sheet)b) Financial planning is an important aspect of financial planning for anybusiness, Discuss (check for the help you need)Task 3 (LO 3)a) Identify and Discuss (check for the help you need) the objectives of a budget and assess itsimportance generally with special emphasis in the small and mediumsize enterpriseb) Net Present Value is a capital investment appraisal tool, you arerequired to Discuss (check for the help you need) how management can use it to determine theviability of a capital investmentTask 4 (LO 4)You are required to download 2012-13 financial statements of BritishAirways and assess and comment on its performance for the year usingappropriate ratios for profitability, liquidity and efficiency. Detailedcalculations of specific and relevant financial values and ratios must beincluded as an appendix and must not form part of the required number ofwords.Evidence checklistWe need to see:Check this carefully to makesure you hand in the right work4 answers in essay formatTick3|P ageAssignment Brief ? continuedHow your workwill be assessed1. Your work will be assessed using the Grading Criteria statements whichare shown below.2. The Criteria which will be assessed on this assignment are shown in thesection below labelled Grading Criteria and Learning Outcomes. Theseare shown against the tasks so that you know exactly which task(s) referto which criteria.3. In the assignment you will have the opportunity to achieve at all levels ?Pass, Merit or Distinction ? and your highest achievement for each ofthe Grading Criteria will count. Occasionally a particular task may offerrestricted opportunities (i.e. the best grade anyone could achieve would bea Pass or Merit) in which case the maximum grade will be specified.4.If the evidence you submit does not meet the requirements of a Pass inany of the Grading Criteria you will receive R grades and will need toconsult your assessing tutor about resubmission or other opportunities toachieve the grades.5. You will receive your tutor?s assessment of your grades, and feedback, ona separate Assignment Grading and Feedback Sheet where you will beinvited to record your comments.GradingCriteria:Study thesecriteria carefullyto choose yourgrade??The following criteria indicate what is expected in order to achieve a Pass,Merit or Distinction.To gain a Pass in a BTEC HNC/HND Unit, you must meet ALL the Passcriteria; to gain a Merit, you must meet ALL the Merit and Pass criteria;and to gain a Distinction, you must meet ALL the Distinction, Merit andPass criteriaLearning outcomesPassLO1. Understand the sources offinance available to a business1. Understand theimplications of finance as aresource within the businessany business environmentidentify the sources of finance available to a businessassess the implications of the different sourcesevaluate appropriate sources of finance for a business projectanalyse the costs of different sources of financeexplain the importance of financial planningassess the information needs of different decision makersexplain the impact of finance on the financial statementsLO3.Be able to make financial 3.1 analyse budgets and make appropriate decisionsdecisions based on financial 3.2 explain the calculation of unit costs and make pricing decisionsinformationusing relevant information3.3 assess the viability of a project using investment appraisaltechniquesLO4. Be able to evaluate the4.1 Discuss (check for the help you need) the main financial statementsfinancial performance of a4.2 compare appropriate formats of financial statements for differentbusinesstypes of business relative to the travel and tourism business4|P ageAssignment Brief ? continued4.3 interpret financial statements using appropriate ratios andcomparisons, both internal and external.5|P ageAssignment Brief ? continuedMerit and distinction assessment criteria (contextualized)M1Identify and evaluateappropriate sources ofFinance for businessM2Select/design andapply appropriatemethods/techniquesM3Present andcommunicateappropriate findingsD1Use critical reflection toevaluate own work andjustify valid conclusionsD2Take responsibility formanaging andorganising activitiesD3Demonstrateconvergent/lateral/creative thinkingInternal verifiersSignature (IV ofthe brief)?An effective approach has been used to select sources of finance usingappropriate examples for the Financial City Financial Consulting Firm?Relevant theories and tools have been applied in the process of costs ofdifferent sources of finance and evaluation of the information of financialdecision making process.The student supported the report using a range of sources of informationthat has been used.In the report, an appropriate interpretation has been established tomeasure the performance of the businessA coherent, logical development of financial decision making has beentaken place is of evident throughout the report.Conclusions have been arrived at through synthesis of ideas and havebeen justified through practical examples from your chosen organisationwhile explaining the strategic context and????????Autonomy/independence has been demonstrated when choosing relevantthe process of financesActivities have been managed taking into account, class attendanceresearch and submission dates.Alternative evaluation has been taken place when selecting financialstatementAppropriate evaluation resource requirement to implement the newstrategyProfessor Nurun NabiDate5/02/ 2014Glossary:Analyse: Break an issue or topic into smaller parts by looking in depth at each part. Support eachpart with arguments and evidence for and against. (Pros and cons)Critically Evaluate/Analyse: When you critically evaluate you look at the arguments for and againstan issue. You look at the strengths and weaknesses of the arguments. This could be from an articleyou read in a journal or from a text book.Discuss (check for the help you need): When you Discuss (check for the help you need) you look at both sides of a Discuss (check for the help you need)ion. You look at both sides of thearguments. Then you look at the reason why it?s important (for) then you look at the reason why it?simportant (against).Explain: When you explain you must say why it is important or not important.Evaluate: When you evaluate you look at the arguments for and against an issue.Identify: When you identify you look at the most important points.6|P ageAssignment Brief ? continuedGuide to student1. Preparation guidelines of the Coursework Documenta. All coursework must be word processed.b. Document margins must not be more than 2.54 cm (1 inch) or less than 1.9cm (3/4 inch).c. Font size must be within the range of 10 point to 12 point including the headings and body text.d. Standard and commonly used type face such as Arial should be used.e. All figures, graphs and tables must be numbered.f. Material taken from external sources must be properly refereed and cited within the text using Harvardreferencing format.g. Do not use Wikipedia as a reference.h. Word limit must be strictly followed.2. Plagiarism and CollusionAny act of plagiarism or collusion will be seriously dealt with according to the regulations. In this context thedefinition and scope of plagiarism and collusion are presented below:Plagiarism is presenting somebody else?s work as your own. It includes copying information directly from theWeb or books without referencing the material; submitting joint coursework as an individual effort.Collusion is copying another student?s coursework; stealing coursework from another student and submitting itas your own work.Suspected plagiarism or collusion will be investigated and if found to have occurred will be dealt withaccording to the college procedure. (For details on Plagiarism & Collusion please see the student hand book)3. Submissiona. Initial submission of coursework to the tutors is compulsory in each unit of the course.b. Students must return their initial feedback copy of the coursework to their tutors.c. Student must check their assignments on Moodle site with plagiarism software TurnItIn. The student softcopy of assignment should remain in the Moodle site.d. Any computer files generated such as program code (software), graphic files that form part of thecoursework must be submitted on a pen drive or CD together with the documentation to their tutors.4. Good practicea. Make backup of your work in different media (hard disk, floppy disk, memory stick etc.) to avoid distress forloss or damage of your original copy.b. send the softcopy of your assignment to your personal email or upload to any online storage (dropbox, etc.)5. Extension and Late Submissiona. If you need an extension for a valid reason, you must request one using a coursework extenuation formavailable on the college VLE and submit to the respected Head of Departments. Please note that the tutors donot have the authority to extend the coursework deadlines and therefore do not ask them to award acoursework extension. The completed form must be accompanied by evidence such as a medical certificate inthe event of you being sick.b. Late submission will be accepted and marked according to the college procedure. It is noted that latesubmission may result in lower grade or rejection (see assignment brief cover page and student handbook).5. Submission deadlinesSubmission Dates:Initial submission: after lecture 4, every week learners required to submit Task as specified in theCourse delivery schedule.Final Submission Date: Turnitin7|P agePLACE THIS ORDER OR A SIMILAR ORDER WITH US TODAY AND GET AN AMAZING DISCOUNT Category: Essay Writing

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