COST AND FINANCIAL MANAGEMENT 2A
Unit 1: Introduction to financial management
, Unit 1: Introduction To Financial Management
Learning outcome:
Explain and appraise the context within which the financial management function takes
place.
2
CFM22A2 INTRODUCTION TO FINANCIAL MANAGEMENT
, ASSESSMENT CRITERIA
• the main financial objective of a company • the external constraints within which the
is accurately summarised; financial manager must operate are
• financial management and financial correctly described;
accounting are correctly differentiated; • financial management is accurately
• the effect of other stakeholders on the defined;
objectives of a company are accurately • the concept ‘value’ is accurately defined;
explained;
• the drivers of value are perfectly identified
• the role of the financial manager is and discussed; and
correctly described;
• the role of the financial manager in creating
• the agency problem is accurately value is accurately explained
explained;
CFM22A2 INTRODUCTION TO FINANCIAL MANAGEMENT
Unit 1: Introduction to financial management
, Unit 1: Introduction To Financial Management
Learning outcome:
Explain and appraise the context within which the financial management function takes
place.
2
CFM22A2 INTRODUCTION TO FINANCIAL MANAGEMENT
, ASSESSMENT CRITERIA
• the main financial objective of a company • the external constraints within which the
is accurately summarised; financial manager must operate are
• financial management and financial correctly described;
accounting are correctly differentiated; • financial management is accurately
• the effect of other stakeholders on the defined;
objectives of a company are accurately • the concept ‘value’ is accurately defined;
explained;
• the drivers of value are perfectly identified
• the role of the financial manager is and discussed; and
correctly described;
• the role of the financial manager in creating
• the agency problem is accurately value is accurately explained
explained;
CFM22A2 INTRODUCTION TO FINANCIAL MANAGEMENT
