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Business Collection

Accounting and Finance

Accounting is the language of business and financial management is critical to the survival of businesses, and in this collection, students will explore both.

In accounting, students will learn how to read and interpret financial statements and recognise the importance of understanding and managing costs. In financial management, students will learn how investment appraisal and valuation works as well as the advantages and disadvantages of using different forms of equity and debt.

All the knowledge gained by taking this module will put students at an advantage in any business meeting and benefit their future career.

Topics

Introduction to Accounting

Measuring and Reporting Financial Position 

Measuring and Reporting Financial Performance

Accounting for Limited Companies

Measuring and Reporting Cashflows

Analysing and Interpreting Financial Statements

The Relevance and Behaviour of Costs

Full Costing

Budgeting

Sources of Finance: Managing Working Capital

The Economy, the Markets and the Firm

Time Value of Money

Valuing Bonds and Stocks

Alternative Investment Evaluation Criteria

Decision Making and Project Analysis

Sources of Corporate Financing

Entrepreneurial Finance and Issuing Securities

Investment Evaluation Using NPV Analysis