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The term financial management can be contemplated as the consolidated idea of the strategic planning, organization, direction, and control of the financial undertakings of an organization or institute. It also includes the application of management principles to an organization's financial assets and plays an important role in tax administration. BUS401 Principles of Finance, the basic objectives of this course can be defined as follows:
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The role of financial management in a company, along with a summarization of the role of management in relation to the company's finances, will be defined in the unit. Furthermore, these specific aspects can be defined as follows:
Unit details of this course include the following:
Unit code: BUS401
Location: Ashford University
Study level: Bachelor
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Several aspects linked with financial principles will be described throughout the unit for a clearer demarcation of the operational growth process. The core aspects that will be described here include:
BUS401 assignment answers are designed to expose students to financial issues in determining the monetary resources required for a business, the combinations of those resources, the sources, and uses of funds, risks, costs, and benefits associated with different types of funding and resources. Upon successful completion of the Financial Management course, students will be able to:
This specific unit BUS401 plays an integral role in the strategic development of appropriate ideas for the entire course, as it demonstrates collaboration and management of financial aspects with a clear discussion of the selected context. The weight of this particular unit throughout the course is 25%. Each rating is individually worth 50 points. A total of two tasks are performed to achieve the above objectives. In order to get a passing score, a learner needs to get a score of at least 50% on each test.
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