Course Brief

The unit also allows the learner to consider the importance of effective management of cash flow and to highlight cash flow problems which could lead to business failure. Financial performance of any business is measured through
the final accounts of the organisation. The learner will review appropriate internal and published reports and accounts to make effective analytical judgements.


  • This course is offered in 55 hours

 This unit aims to give learners a sound understanding of:

  1. The purpose of financial and management accounting
  2. The interpretation of financial statements to review the performance of business organisations and report to stakeholders
  3. The preparation of  cash flow forecasts and financial budgets to aid management decision making
  4. Demonstrating the use of costing and pricing methods to contribute to business decision making

 Assessment method: Examination