Prepare a report on Finance Management
1. Analyse the importance of financial planning in business
- Explain the financial and legal aspects of financial planning activities in business
- Describe the meaning and function of costs, revenues and profits in business
- Describe the importance of break-even analysis, break-even point and contribution in business
- Explain the importance of cash-flow forecasting and cashflow statements in business
- Explain the role of Income Statements in Financial Reporting in business
2 Analyse the the importance of of using Income Statements and Balance Sheets in business
- Explain the role of Balance Sheets in Financial Reporting in business
- Explain the role of working capital in business
3 Analyse the importance of measuring financial performance in business
- Describe the role of measuring financial performance and profitability in business