Issues could you prepare and present recommendations

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Reference no: EM133011377

BSBFIM801 Manage financial resources

1.1 Establish and report on the capacity of existing financial systems

1.2 Forecast financial data and business system requirements

1.3 Analyse forecasted requirements

1.3 Prepare and plan budget forecasts according to organisational and statutory requirements

1.5 Prepare and present recommendations for budget expenditure or for modification of existing projections

2.1 Analyse the costs of, and returns from, assets and liabilities using standard accounting techniques to identify extent of debt and equity financing

2.2 Establish management responsibilities and legal requirements for reporting, in consultation with relevant organisational staff

2.3 Analyse and interpret financial reports and key information

2.4 Analyse and evaluate the effects of financial decisions on the ability of the organisation to meet planned outcomes

Short answer questions (explain with examples wherever possible)
1. List three (3) of the reports that could be established and used to report on the capacity of a financial system.

2. Describe two (2) different forecasting techniques which can be used to forecast financial data and business system requirements.

3. What are four (4) questions you might consider when analysing forecasted requirements?

4. Describe two (2) of the statutory requirements that must be taken into consideration when preparing and planning budget forecasts.

5. What are the types of issues could you prepare and present recommendations for, relating to budget expenditure or modification?

6. What technique should be used to analyse the costs of, and returns from, assets and liabilities to identify the extent of debt and equity financing?

7. What are the various reports which need to be lodged with the Australian Security and Investment Commission to meet compliance requirements and legislative responsibilities?

8. What types of management responsibilities should be established in relation to reporting and staff consultation?

9. What are the two (2) key methods used for analysing financial reports and key information?

10. What information will you need to review when analysing and evaluating the effects of the financial decisions on the ability of the organisation to meet planned outcomes?

11. Explain what is meant by the following:
a. COST OF CAPITAL

b. CAPITAL STRUCTURE

c. WORKING CAPITAL

Attachment:- Manage financial resources.rar

Reference no: EM133011377

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