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Assignment Brief

Student Name/ID Number

Unit Number and Title Unit 23: Financial Management


Academic Year Semester 1, Academic Year 2023-2024

Unit Tutor Dr. Do Thu Hang, Dr. Nguyen Bich Ngan.


Dr. Dao Hong Nhung, MsC. Do Thi Minh Anh
Assignment Title FM1: Principles of Financial Management (1 of 2)

Issue Date 31st January 2024

Submission Date 25th March 2024

Submission Format
Submission is in the form of a 10-minute individual presentation using relevant
software. Your video clip must include clear voice, face, and power points slides. The
presentation slides must be submitted with speaker notes as one copy into the
Turnitin system, while the video clip must be submitted into the Flipgrid system.

You are required to make effective use of PowerPoint headings, bullet points, and
subsections as appropriate. Your speaker notes should be written in a concise and
precise manner using 1.5 spacing, typeface in Times New Roman or Arial, and font
size 12. A bibliography should be provided using the Harvard referencing system.
Inaccurate referencing use may lead to plagiarism issues if not applied correctly.

You are advised to write between 2,300 to 2,500 words. This word limit does not
include the contents page, the organization profile, tables, diagrams, appendices, or
references.

Unit Learning Outcomes


LO1 Evaluate the role and purpose of the financial management function.
LO2 Determine alternative sources of business finance including contemporary
methods for different business situations.

Transferable skills and competencies developed

● Developing appropriate research skills and skills of critical enquiry to enable


the evaluation of different approaches to problem solving in a specific
business context.
● Competently using digital literacy to access a broad range of research
sources, data and information.
● Communicating confidently and effectively, orally and in writing, both
internally and externally with businesses and other stakeholders.
● Developing specific competences and skills required in a specialist business
sector through the completion of specialist pathways and progression routes.
● Developing a range of skills to ensure effective independent initiatives,
organisational competence and problem-solving strategies.
● Reflecting adaptability and flexibility in approach to business; showing
resilience under pressure and meeting challenging targets within given
deadlines.
Vocational scenario
You are a trainee as a management accountant in a company, your manager has
asked you to prepare and deliver a power point presentation to a small group of the
company’s business clientele. The overall aim is to convey the significance of the
financial management function in an organization, as it seeks to maximize
shareholder value, manage risk and achieve business objectives in complex operating
environments.
Your presentation will cover:
1. The role and purpose of the financial management process, meeting financial
objectives and managing risks, and achieving long-term organizational success in
complex risk-averse environments
2. Discuss and analyze alternative sources of business finance for SME and large
organizations’ operations toward long-term business success.

Assignment activity and guidance


Your presentation slides and speaker notes must include the following

sections:

1. Assess key principles of financial management required for organizations

to operate effectively and sustainably. You should provide definition,


importance of these principles (Time value of money and Risk-return trade off)

to operate effectively and sustainably.

- Định nghĩa, roles của những cái principle này

2. Evaluate the role and purpose of the financial management function for a

range of different organizations and contexts. You should provide clear and

sufficient explanations as well as accurate academic knowledge for the

shareholder wealth maximization including definition, the strengths and

weaknesses or advantages and disadvantages of wealth maximization.

- Đinhj nghĩa, adv n disad (phải có benchmark- so sánh với cái obj còn lại

là profit maximization. => nêu bật wealth…..

- So với profit thig không làm được việc đấy

3. Discuss alternative sources of business finance for different business

situations in SMEs and large organizations. You should define alternative

sources (3 sources) of business finance for different business situations in

SMEs and large organization and show consideration for strengths and

weaknesses or advantages and disadvantages of alternative sources of

business finance.

4. Critically evaluate the contribution of the financial management makes

towards an organization meeting objectives and managing risk. You

should choose a specific company and critically evaluate the contribution of

the financial management to achieve the objective of wealth maximization by

introducing the FM function in the chosen company and giving an example of

FM contribution.

- Chứng minh công ty đã đạt tối đa hoá giá trị của các chủ sở hữu

+ Examine

5. Analyse a range of sources of business finance appropriate for meeting

different organizations’ needs and plans. You should choose a specific

company and analyse a range of sources of business finance and explain the

change in sources of business finance for a period of 3 years.


6. Make justified recommendations for effective financial management to

achieve long-term organizational success in complex and risk-averse

environments. You should choose a specific company, and identify problems

in financial management function of the company (from 1 of 4 decisions), then

make justified recommendations for effective financial management.

- Công ty phải có problem, điểm yếu (1 trong 4)

- Đưa ra recommend

7. Justify the impact of alternative sources of business finance on the

operations and long-term success of organizations. You should critically

evaluate the impact of capital structure theory and cost of funds on the use of

sources of business finance.

Recommended Resources
Please note that the resources listed are examples for you to use as a starting
point in your research – the list is not definitive.

Textbooks
ATRILL. P. (2017) Financial Management for Decision Makers. 8th Ed. Harlow: Pearson.
CORNWALL, J. R., VANG, D. O. and HARTMAN, J. M. (2019) Entrepreneurial Financial
Management: An Applied Approach. 5th Ed. London: M.E. Sharpe.
AERTS, W. and WALTON, P. (2017) Global Financial Accounting and Reporting: Principles
and Analysis. 4th Ed. Cengage Learning EMEA.
ATRILL, P. and McLANEY (2018) Accounting and Finance for Non-Specialists. 11th Ed.
Prentice Hall.
WEETMAN, P. (2019) Financial and Management Accounting: An Introduction. 8th Ed.
Harlow: Pearson.
Learning Outcomes and Assessment Criteria
Learning Pass Merit Distinction
Outcome

LO1 Evaluate the P1 Assess key M1 Critically D1 Make justified


role and purpose principles of evaluate the recommendation
of the financial financial contribution of the s for effective
management management financial financial
function. required for management management to
organizations to makes towards an achieve long-term
operate effectively organization organizational
and sustainably. meeting objectives success in
and managing risk. complex and risk-
P2 Evaluate the
averse
role and purpose
environments.
of the financial
management
function for a
range of different
organizations and
contexts.

LO2 Determine P3 Discuss M2 Analyse a range D2 Justify the


alternative alternative sources of sources of impact of
sources of of business finance business finance alternative
business finance for different appropriate for sources of
including business situations meeting different business finance
contemporary in SMEs and large organizations’ on the operations
methods for organizations. needs and plans. and long-term
different business success of
situations. organizations.

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