Assumptions

[mammam87]

I've gotten contradictory advice about this - do we state down our assumptions on the slides themselves? Or do we just say that they are in the Appendix, which aren't shown when presenting?

Also- if we are to present to a finance manager, what isn't deemed to be a jargon? eg. would using the terms present value/discount rate be acceptable? I've seen past years examiner's reports where the examiner commented that the candidate lost marks for dumbing down too much.

 

[Ian Senator]

You've probably found conflicting advice because there's no one right answer! It depends very much on the importance of the assumptions.

For example, a very important assumption that's critical to an explanation should be put on the same slide as the information itself. It should also be mentioned in your speech. A less important assumption could be included later on as a 'virtual appendix' - but if it's even less important, then you might even choose to omit it entirely. Think about what the audience needs/wants to know.

Jargon - again, it depends on the question. A very new finance manager with a background in non-finance (for example) would definitely find these terms to be jargon. However, an experienced finance manager (for example, a student actuary) might understand them - at least in part. I have to say that usually, dumbing down is what you need - it's quite rare in my experience for students to dumb down too much in Subject CA3.