Description
choose Tesla as an example for the below and make comparing between 2020 and 2021 annual report 1.1 Determine what financial information is needed and assess its
validity. 1.2 Analyse different financial documents and information and
formulate conclusions about financial performance levels and needs of stakeholders. 1.3 Conduct comparative analysis of financial information and data. 1.4 Critically review and question financial information and data. 2.1 Identify how a budget can be produced taking into account financial constraints and achievement of targets and accounting conventions. 2.2 Be able to assess a budge. 2.3 Identify how a budget for a complex organization can support
organizational objectives and targets whilst taking into account financial constraints and accounting conventions. 3.1 Identify criteria by which proposals can be judged. 3.2 Critically analyse the viability of a proposal for expenditure. 3.3 Identify the strengths and weaknesses of a proposal and give
feedback on the financial proposal. 3.4 Analyse the viability of a proposal for expenditure.
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Managerial Accounting
Assignment
Finance For Managers
QALIFI
1-1
Supporting learners in understanding and using
financial information and data. This unit is
important to learners as it supports decision
making.
2
Chose an organization you are familiar with and research their approach to
managing proposal and projects and explicitly address each of the following:
Learning Outcomes
To achieve this unit a learner must:
Assessment Criteria
Assessment of these outcomes demonstrates the learner can:
1.1 Determine what financial information is needed and assess its validity.
1.2 Analyse different financial documents and information and formulate
1. Be able to analyse financial information and data. conclusions about financial performance levels and needs of stakeholders.
2. Be able to assess budgets and their ability to
support organisational objectives.
3. Be able to evaluate financial proposals for
expenditure provided by others.
3
1.3 Conduct comparative analysis of financial information and data.
1.4 Critically review and question financial information and data.
2.1 Identify how a budget can be produced taking into account financial
constraints and achievement of targets and accounting conventions.
2.2 Be able to assess a budge.
2.3 Identify how a budget for a complex organization can support
organizational objectives and targets whilst taking into account financial
constraints and accounting conventions.
3.1 Identify criteria by which proposals can be judged.
3.2 Critically analyse the viability of a proposal for expenditure.
3.3 Identify the strengths and weaknesses of a proposal and give feedback
on the financial proposal.
3.4 Analyse the viability of a proposal for expenditure.
Select a company as a case study
Check the website :
https://www.almarai.com/corporate/investors/annual-report-financial-statement/#financial-statements
Refer to the accounting system if possible
Published annual report / financial statement
Other internal / External resources
State and discuss the main information can be extracted and needed
4
Referring to 1.1 , check the main 3 financial statement to be analized
Apply the 5 groups of financial ratios analysis ( Liquidity , Leverage ,
Efficiency , Profitability & Market Value
5
Referring to 1.2 , compare the answer of 1.2 with another reference
( competitor , Last year , Industry average ) as a benchmarking and give your
opinion.
6
Referring to all previous task , guide both internal and external auditors for
what should be monitored or inspected to make sure that this information is
fair and true to express the real financial situation .
7
What is the budget , how can be prepared.
Master Budget and other related parties
What is the target of it (Plan & Control) real data
What are the constraints and how to handle it
8
Analyzing the budget outcomes against organizational aims and placing
options.
What is the target of it (Plan & Control)
What is the result of the budget application , analyze:
Main objective of the budget is to minimize the gap between budgeted performance and actual performance.
Due to faulty arithmetic in the budget figures, errors in the arithmetic of the actual outcome,
Wrong budget assumptions and actual outcome, timing differences, price variance it may occur.
Variances are used to measure the gap between expected performance and actual performance.
By analyzing variances managers able to identify problem which needs further investigation & corrective
action.
Variances can be material variance, labor variance, and overhead variance.
9
What are the advantages of the budget in the complex organization
How can we improve the performance ?
10
To select the most effective investment proposal that generate yield efficiency.
level of risk (minimum risk), largest level of benefit (profitability), lowest cost
and best cost benefit ratio.
Tucker’s five question model is also the effective technique:
Is the proposal profitable?
Does the proposal satisfy legal requirement?
Is the proposal fair to all stakeholders?
Is proposal ethical?
Is the proposal sustainable?
11
Discuss 2 options or more for expenditure investment.
Apply the DCF / NPV / Discount pay back period.
Calculate the break even point for cost/revenue .
Calculate the expected main financial ratios ( Liquidity , Profitability ,
Efficiency )
12
Discuss the SWOT for the 2 options or more.
Give your feedback and opinion
13
According to the organization / ability , performance and situation : which
option can be implemented ? Discuss .
14
End
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Explanation & Answer:
10 questions
Tags:
accounting
Financial Performance
Tesla Financial Analysis Questions
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