HND – HEALTH & SOCIAL CARE MANAGEMENT
GROUP: XXX
MANAGING FINANCIAL RESOURCES
REPORT ON CARE TECH HOLDINGS PLC, FOR THE YEAR ENDED 2013
STUDENT NAME
STUDENT ID
Lecturer: Theresia Vughosu
CONTENT INTRODCUTION……………………………………………………………………………………………
TASK 1: SYSTEMS USED TO MANAGE FINANCIAL RESOURCES IN CARE TECH
1.1 Principles of costing and business control systems…………………………………………………..
1.2 Information needed to manage financial resources…………………………………………………..
1.3 Regulatory requirements………………………………………………………………………………...
1.4 Systems for managing financial resources…………………………………………………………….
TASK 2: ROLE OF PLANNING IN THE MANAGEMENT OF CARE TECH BUDGET
2.1 Diverse sources of income………………………………………………………………………………
2.2 Factors that may influence the availability of financial resources…………………………………...
2.3 Types of budget expenditure……………………………………………………………………………
2.4 Decisions about expenditure…………………………………………………………………………….
TASK 3: IMPORTANCE OF MONITORING BUDGET EXPENDITURE IN CARE TECH
3.1 Managing financial shortfalls…………………………………………………………………………….
3.2 Financial fraud actions…………………………………………………………………………………...
3.3 Budget monitoring arrangements……………………………………………………………………….
TASK 4: INFLUENCE OF SYSTEMS AND PROCESSES ON CARE TECH SERVICES
4.1 Information required in making financial decisions……………………………………………………
4.2 Relationship between care service delivered and ‘costs and expenditure’………………………...
4.3 Impact of financial considerations on a service user…………………………………………………
4.4 Improving care services through changes in financial systems and processes…………………...
CONCLUSION………………………………………………………………………………………………...
REFERENCES………………………………………………………………………………………………..
INTRODUCTION
This essay the author will be able to evaluate current systems for managing finances
Resources in health and social care settings. Therefore will evaluate how