View Unit : Financial Forecasting for Business

Unit

Unit Reference Number

K/502/5252

Qualification Framework

QCF

Title

Financial Forecasting for Business

Unit Level

Level 2

Unit Sub Level

None

Guided Learning Hours

Unit Credit Value

Date of Withdrawal

SSAs

15.1 Accounting and Finance, 15.3 Business Management

Unit Grading Structure

Pass

Assessment Guidance

N/A

Learning Outcomes and Assessment Criteria

Learning Outcome - The learner will:		Assessment Criterion - The learner can:
1	Know about costs, revenue and profit in a business organisation.	1.1	. Identify the difference between start up and operating costs, variable and fixed costs.
		1.2	. Identify the different types of revenue.
		1.3	. Outline the differences between gross and net profit.
2	Be able to prepare a break even analysis	2.1	. Calculate break even using given data to show the level at which income equals expenditure
2	Be able to prepare a break even analysis	2.2	Present the breakeven as an annotated graph showing break even
3	Be able to create a cash-flow forecast	3.1	. Prepare an annual cash-flow forecast using monthly data

Equivalent Units

There are no equivalences to display.