[Solved]1. Understand the importance of financial data in formulating and delivering business strategy

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[Solved]1. Understand the importance of financial data in formulating and delivering business strategy

ATHE Level 7 Diploma in Strategic Management

Finance for Strategic Managers

Unit aims

The learners will develop knowledge, understanding and skills that will enable them to analyse internal and publicly available financial information. This will help to inform strategic decision making

Learning Outcomes

1. Understand the importance of financial data in formulating and delivering business strategy

1.1 Evaluate the sources of financial data which can be used to inform business strategy

1.2 Assess the need for financial data and information in relation to business strategy

1.3 Analyse the risks related to financial business decisions

1M1 Assess the impact of ‘creative accounting’ techniques when making strategic decisions

2. Be able to analyse financial data for an organisation in order to inform strategic decision-making purposes

2.1 Interpret financial statements to assess the viability of an organisation

2.2 Conduct comparative analysis of financial data using ratio analysis

3. Be able to evaluate proposals for strategic decisions on capital expenditure in an organisation

3.1 Review methods for appraising strategic capital expenditure projects and strategic direction

3.2 Evaluate business proposals for capital expenditure in an organisation using appropriate financial techniques.