Key topics
- Introduction to Financial Statements
Consider the importance of financial measures. Examine the differences between financial accounting and management accounting. Study the four types of accounts and the three types of financial statements.
Examine the profit and loss account in-depth.
Study the balance sheet and consider its relationship with the profit and loss account.
Understand the different elements of cash flow. Discover how to manage cash and loans.
Examine variable and fixed costs. Study costing structure. Explore product costing.
- Introduction to Financial Analysis
Examine financial analysis and consider how it is used in practice.
Explore topics such as pay back, discounted cash flow, and sensitivity analysis.
Examine the profit margin ratio and understand how it differs in different industries.
Study the concept of asset turnover in-depth.
- Return on Capital Employed
Examine the various elements of Return on Capital Employed.
Course Code
N88
Hours of study
12 months / 30-60 hours
Technical requirements and fees
- You’ll need access to a multimedia PC, with CD-ROM, sound, minimum 128MB memory and SVGA graphics
- Exam fee is included in the cost of the course