Financial Management: Definition, Importance, Financial Statements, Ratios

Section 1: Definition and discussion of the concept and importance of financial management

Section 1: Definition and discussion of the concept and importance of financial management

Section 2:  Description and discussion of the main financial statements and explain the use of ratios in financial management

Section 3: Using the template provided

i.Completing the Information on the ‘Business Review Template (Ensure that you display your calculations for this detail)

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

iii.Using Excel completing the Balance Sheet

iv.Using the Case study information describing the profitability, liquidity and efficiency of the company based on the results of ratio analysis

Section 4: Using examples from the case study describing and discussing the processes this business might use to improve their financial performance

Section 1: Definition and discussion of the concept and importance of financial management

Section 2:  Description and discussion of the main financial statements and explain the use of ratios in financial management

Section 3:  Description and discussion of the main financial statements and explain the use of ratios in financial management

Section 3: Using the template provided:

v.Completing the Information on the ‘Business Review Template (Ensure that you display your calculations for this detail)

vi.Using Excel producing an Income Statement for the Sample Organisation (see Case Study)

This is included within appendix

vii.Using Excel completing the Balance Sheet

viii.Using the Case study information describing the profitability, liquidity and efficiency of the company based on the results of ratio analysis

Section 4: Using examples from the case study describing and discussing the processes this business might use to improve their financial performance.