Finance for managers : each activity 1000 max wordsActivity 1The leaflet must provide an overview of accounting policies and procedures anda) explain the purpose and requirements of a business organisation maintaining financial recordsb) analyse the techniques of using manual and computerised accounting systemsc) analyse the legal and organisational requirements for financial reporting in different business organisationsLOI Assessment Criteria 1.1 1.21.3Activity 2At the next meeting of the Board there is an agenda item titled Discussion of financial statements and their usefulness for stakeholder groups. This will be led by the Regional Director of Finance. You have received an email asking you to produce a draft paper which evaluates the usefulness of financial statements to a range of stakeholder groups.LOI Ass.ment Criteria 1.4Activity 3Due to a reduction in sales revenue and a fall in group profits the Board of Directors is investigating inventory management, credit control and current liquidity In order tomake meaningful comparisons. Your line manager has asked a few staff in the department to analyse the final accounts of competitors and you have been selectedto joint this group.a) Analyse, using ratio analysis, the components of working capital for your chosen competitor.b) Using your analysis, explain how working capital can be managed effectively in business organisations.L02 Assessment Criteria 2.1 2.2Activity 4A number of new managers have been recruited to the retail group who will have responsibility for managing their own budgets. Your line manager has asked you to prepare a presentation on financial procedures for the induction programme. In the presentation and accompanying hand out you must:c) explain the difference between financial and management accountingd) explain the budgetary control processL03 Assessment Criteria 3.1 3.2Activity 5 + Activity 6 in docx i will upload it
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