204MAN: Finance in Management and Leadership - Accounting and Finance Assignment Help

Assignment Task:

Task:

Increasing globalisation, technology advancement and fierce competition in the business world means that developing a good and workable relationship with organisations’ stakeholder is important in the profitability of a business. Stakeholders of organisation may include the internal and external stakeholders who have vested interest in the organisations’ activities. These stakeholders may include but not limited to the following: Banks, creditors, employees, government, suppliers and customers.

Communicating effective financial information to stakeholders can lead to better investment decisions by investors. On the other hand, not communicating effective financial information to stakeholders can lead to fall in share prices, lack of confidence by investors and uncertainty in the organisations prospects, which can result in high cost of capital to organisations. This assessment will focus on how financial information can be communicated to organisations’ stakeholders.

Completion of this assignment will address the following learning outcomes:

1 Examine the financial context for contemporary organisations including appropriate sources of finance.

2 Critically discuss how financial information is communicated with stakeholders.

3 Distinguish key financial data, information and accounting systems to meet and manage organisational objectives.

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