Unit 2: Managing Financial Resources and Decisions
This unit is designed to give learners a broad understanding of the ways in which finance is managed within a business organisation. Learners will learn how to evaluate the different sources of finance, compare the ways in which these are used and will learn how to use financial information to make decisions. Included will be consideration of decisions relating to pricing and investment, as well as budgeting. Finally, learners will learn techniques for the evaluation of financial performance.
Summary of learning outcomes
To achieve this unit a learner must:
- Explore the sources of finance available to a business
- Analyse the implications of finance as a resource within a business
- Make financial decisions based on financial information
- Analyse and evaluate the financial performance of a business
Suggested Reading
Accounting for Non-accounting Students
