Success in Financial Management

Accounting has an undeserved reputation of being a dull subject. The aim here is to get the information across in a stimulating and entertaining manner but without losing any of the required rigour. The consistent popularity of the module over the years shows how effective this approach has been. The instructors involved have a wealth of business experience to draw on and a particularly attractive feature is the way in which they use this experience to illustrate and emphasise the subject matter.

Successful completion of this module and the associated assessments results in the award of 12 Units of Credit towards the Level 5 or 7 Executive Management qualifications.

Module Content
The module explores the Accounting Function and its relationship with other business activities. It examines in detail the nature and scope of financial accounting, accounting conventions and standards, the interpretation and analysis of company accounts and the analysis and presentation of financial information to assist managers in making decisions. It is highly interactive and participation by delegates is very much encouraged. Delivery involves the use of a comprehensive, specially written manual, lectures, practical exercises, case studies and videos.

Topics covered during the week include:-
The recording and reporting of financial information
The Income Statement and Balance Sheet
Cash Flow forecasting and the control of cash
The analysis and interpretation of company accounts
Business ratios/Indicators of performance and financial position
Management Accounting & Budgetting
The use of accounting information in decision making
The control of Costs/Cost Accounting
Pricing