Role of the finance function (word count guide 400)
Objective: To explain the support required from the finance function to complete the project, based upon the team members available. (Refer to appendix 1 notes)
Required: You should explain the support required from the finance function and identify which two members of the finance function would be most effective as part of the project team.
Financial Performance (word count guide 1,000)
Objective: To assess the performance of the company based upon the financial statements for the financial years ended 30 December 2019 and 2020 respectively (Refer to Appendix 2 statements) and compare this to industry statistics.
Required:
Calculate a minimum of 10 financial performance indicators for Cath’s Coaches.
Identify industry statistics from similar companies / industry sector from the FAME database (and / or other relevant source) that could be used for comparison purposes. You should explain the reasoning behind your choice.
Provide a commentary on the current performance of Cath’s Coaches based on the financial performance indicators calculated in a) and those identified from FAME in b). Comments should consider whether each metric is improving or deteriorating versus prior year / industry metrics and the potential causes/implications of each change.
Comment on the potential problems surrounding the use of performance indicators to assist in future decision making.
Financing the project (word count guide 400)
Objective: To evaluate the sources of finance available to Cath’s Coaches to support the project (word count guide 300).
Required: Discuss the sources of finance that could be used to fund the project, based on an exploration of potential funding and the constraints that may impact as a result of the performance indicators calculated in part 2.
