The main aims of this module is to provide the learner with a recognition of the necessity to manage the finance of an enterprise;- An appreciation of the nature and scope of working capital management activities; - A clear introduction to financial management; - An ability to interpret and use all the main financial statements
The nature and scope of financial management
The nature and scope of financial objectives for commercial and not-for-profit organisations.
Management of working capital
The nature and scope of working capital Control of stock, debtors, creditors and cash management Control of stock, debtors, creditors and cash
Capital expenditure and investment
How firms identify potential investment opportunities, Investment appraisal techniques: payback, accounting rate of return and Discounted cash flow.
Sources of finance
Identification of short, medium and long-term sources of finance
Preparation of Cash Budgets
Calculation, analysis and interpretation of ratios
|Module Content & Assessment