2.3 Outline sources of information and support for managing financial resources

Qualification: Level 4 Certificate in Principles of Leadership and Management for Adult Care (RQF)
Unit: Unit 12: Resource Management in Adult Care
Learning outcome: 2 Understand financial management arrangements
Assessment criteria: 2.3 Outline sources of information and support for managing financial resources

• Sources of information and support for managing financial resources can include:
  • Financial records (e.g. balance sheet, profit and loss account etc.)
  • Formal and informal training
  • Managerial support and supervision
  • Online research