Managing Financial Resources in Health and Social Care
Learning outcome 1 (1.1, 1.2, 1.3, 1.4)
1.1 Explain the principles of costing and business control systems that may be adopted in CareTech Holding PLC.
1.2 Identify the information needed to manage financial resource for CareTech Holding PLC in 2013 financial ending?
1.3 Explain the regulatory requirements need to be satisfied while managing financial resources in CareThech Holding PLC?
1.4 Evaluate the systems for managing financial resources in CareTech Holding PLC ?
Learning outcome 2 (LO 2.1, 2.2, 2.3, 2.4)
2.1 Discuss the diverse sources of income avaialabe to CareTech PLC in the financial year in 2013?
2.2 Analyse the factors that may influence the availability of financial resources in CareTech PLC?
2.3 Review different types of budget expenditure in CareTech PLC.
2.4 Evaluate how decisions about expenditure could be made in CareTech PLC
Learning outcome 3 (LO 3.1, 3.2, 3.3)
3.1 Assuming there was financial shortfall in CareTech PLC; explain how this situation could be managed?
3.2 Explain what action you would take if you suspect occurrence of financial fraud in your organisation?
3.3 Evaluate budget monitoring arrangements in CareTech PLC.
Learning outcome 4 (LO 4.1, 4.2, 4.3, 4.4)
4.1 Identify information required to make financial decisions relating to CareTech PLC
4.2 Analyse the relationship between care service delivered and ‘costs and expenditure’.
4.3 Evaluate how financial considerations impact upon a service user.
4.4 Suggest ways to improve the care service provided by CareTech PLC through changes to its financial systems and processes.