You are a senior manager in a business unit of a medium-sized enterprise, with functional management and organisational leadership responsibilities: Finance Assignment, UAE

ASSIGNMENT QUESTION

Scenario
Learners may use their employment context, or that of another organization with which they are very familiar, to base their assignment. However, in the case that they are not able to do so, please use the below scenario:
You are a senior manager in a business unit of a medium-sized enterprise, with functional management and organisational leadership responsibilities. You have responsibility for all aspects of the performance management of your team and its contribution towards the achievement of business goals.

Please select and research an organization of your choice to identify its approach to performance management.
Task 1 -— 550 words
Select an organization you have worked for or know well to obtain the latest copy of their published financial accounts. These will normally contain three financial documents:

e A balance sheet

e A profit / loss statement

e Asource and application of funds

Based on these accounts explicitly address each of the following:
1.1: Determine what financial information is needed and assess its validity.
1.2: Analyse different financial documents and information and formulate conclusions about financial performance levels and the needs of stakeholders.
1.3: Conduct a comparative analysis of financial information and data.
1.4: Critically review and question financial information and data.