Finance for Managers

What you will learn

The course is split into two topics: Financial Accounting and Management Accounting.

In Financial Accounting, you will learn about:

• The nature of accounting information with a focus on issues such as ethics, fraud and accounting standards
• The use of different accounting principles to produce reliable accounting information
• The meaning and use of accounting elements (assets, liabilities, equity, revenue and expenses) and how these elements are accounted for to prepare financial statements
• Ratio analysis as a way to analyse and interpret the financial performance and financial position of an entity

In Management Accounting, you will learn about:

• The nature of management accounting and management accounting information with a focus on cost classification, cost behaviour, costing systems and overhead allocation methods
• The use of management accounting information for short-term decision making, in particular break-even analysis
• The use of budgets as a managerial tool to plan and control organisational activities (including flexible budgets and variance analysis)
• The use of management accounting information for long-term decision-making

Assessment

100% internal assessment 

Computer and internet requirements

This course is delivered online, so you will access the course and do your study online, which generally includes reading and doing activities, watching videos, downloading content, and writing and submitting assessments online.

For online learning you need:

• Access to a laptop or desktop computer
• Reliable broadband internet and a data plan

Find out more about online learning

If you are unsure if your current computer or internet access will allow you to study online please contact us.