Attached is a template that you can use but is not necessary.
Create
a job aid for a new hire to an entry-level financial analyst position. Your job
aid should be thorough yet easy for someone new to the field of finance to
understand. You are encouraged to use the Project One Financial Analyst Job Aid
template in the Supporting Materials section to complete this assignment.
Specifically,
you must address the following:
Financial
Analyst Job Aid: In this job aid, you will
give a general overview of financial management and its importance to a
business.
Financial
Responsibilities: Describe the responsibilities
of a financial analyst.
In
this section, outline the responsibilities a financial analyst has in
terms of financial management. Add 5 to 7 specific bullet points
outlining these responsibilities, and use complete sentences so that
expectations are clear.
Financial
Management Decisions: Discuss the importance of
using financial management for business decisions, and provide examples
to support your claims.
Consider
the bullet points you outlined above. How do those responsibilities help
to inform management decisions, and what would happen if management
didn’t have this information? This should be a brief paragraph with
examples.
Accounting
Principles: Explain how accounting
principles are used to analyze a business’s financial health, and provide
examples to support your claims.
Write
a brief paragraph that explains accounting principles and how they are
used within financial management in relation to analyzing financial
health. What accounting information and approaches do financial analysts
rely on, and how do they use it? What would happen if that information
was not available or was not accurate?
Financial
Statements: Describe how financial
statements are used to help businesses make finance-related decisions,
and provide examples to support your claims.
Consider
identifying the information contained in financial statements and what
financial analysts would need in order to do their job. What types of
finance-related business decisions would this information help to
inform? Provide real or fictional examples to help show this.
Financial
Terminology: Explain how a financial
analyst would use the financial terms in their day-to-day
responsibilities in a clear, easy-to-understand way.
Define
each term listed below and provide a 1- to 2-sentence explanation of how
a financial analyst might use the term, especially when communicating
information to management or clients, or when relaying information to
inform important decisions:
Financial statement
Liquidity
Working capital
Diversification
Time value of money
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