7.4 Finance for Strategic Managers Aims
Unit Level Unit Code GLH Credit Value Unit Grading Structure Assessment Guidance
To develop financial skills required to understand and analyse financial information and to manage finance at a strategic level within a business. To understand the different business structures and financial reporting requirements. 7 Y/503/5095 60 15 Pass To achieve this unit, learners must achieve the learning outcomes and meet the standards specified by the assessment criteria for the unit. Additional assessment guidance is provided on the ATHE sample assignment brief. Learners will need to demonstrate their full understanding of the use of financial information in business decision making. Learners can use their own experience or provide examples of businesses from their research to exemplify the points which are made. Learners will need to access and interpret published business accounts.
Learning Outcomes The learner will:
Assessment Criteria The learner can:
1. Understand the role of financial information in business strategy
1.1 Assess the need for financial information in business 1.2 Identify the risks related to financial and business decisions 1.3 Summarise financial information required in strategic business decision making 2.1Explain the purpose, structure and content of published accounts 2.2Interpret financial information in published accounts 2.3Calculate financial ratios from published accounts to support strategic business decisionmaking 3.1Differentiate between long and short-term finance requirements for businesses 3.2Compare the sources of long and shortterm finance for businesses 3.3Assess the importance of managing cash flow and examine cash flow management techniques 3.4Evaluate methods for appraising strategic capital or investment projects 4.1Analyse the corporate governance, legal and regulatory requirements of different business ownership structures 4.2Compare and contrast the accountability for and roles of owners and managers in decision making for different business ownership structures
2. Be able to analyse published financial statements for strategic decision making purposes
3. Understand how businesses assess and finance non-current assets, investments and working capital
4. Understand different ownership structures and how they influence and measure financial performance
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