Finance Essentials

1.  Be able to analyse financial information and data

1. Determine what financial information is needed and assess its validity
2. Analyse different financial documents and information and formulate conclusions about financial performance levels and needs of stakeholders
3. Conduct comparative analysis of financial information and data
4. Critically review and question financial information and data

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2.  Be able to assess budgets and their ability to support organisational objectives

1. Identify how a budget can be produced taking into account financial constraints and achievement of targets and accounting conventions
2. Be able to assess a budget
3. Identify how a budget for a complex organization can support organizational objectives and targets whilst taking into account financial constraints and accounting conventions

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3.  Be able to evaluate financial proposals for expenditure provided by others

1. Identify criteria by which proposals can be judged
2. Critically analyse the viability of a proposal for expenditure
3. Identify the strengths and weaknesses of a proposal and give feedback on the financial proposal
4. Analyse the viability of a proposal for expenditure

• The assessment strategy for this course is designed to test all the learning outcomes.
• Learners must demonstrate successful achievement of all learning outcomes to pass the course.

• The assessment criteria for a pass will be presented with the summative exercise.
• Further information and guidance on the assessment will be made available through the tutor.

To pass the unit a 40% overall grade must be achieved.