COURSE DESCRIPTION

This course is based on the premise that the business’ accountants are the “score-keepers” and all other “players” in the business are the “score-makers” i.e. their actions impact positively or negatively on profit, also known as the “bottom line”.

CERTIFICATION

Your course mark is calculated using the average mark obtained in each of the Chapter tests. In order to pass this course, you must obtain a final course mark of at least 50%. This means that even if you fail a few of the chapter tests, if your test marks in the other chapter tests are high enough you will still be able to pass the course. Once obtained, a link to print your certificate will appear under the Progress & Results Page.

LEARNING OUTCOMES

• Discuss the sources and applications of funds in a business
• Explain the meaning and importance of working capital
• Read and discuss a Statement of Comprehensive Income
• Read and discuss a Statement of Comprehensive Income
• Interpret a projected Cash Flow statement
• Interpret ratios in evaluating Financial Statements
• Discuss budgeting as a Managerial Function