Management and financial accounting: Know your numbers 1
By External Provider
About this course
Financial literacy is a fundamental capability for any business leader, whether you are running your own small business/start-up or working at a large organisation. This course will provide you with a sound foundational understanding of financial and management accounting, and how to use accounting to facilitate and align decisions made by owners, managers and employees. Via structured learning activities (video lectures, quizzes, discussion prompts and written assessments) you will develop the ability to seek out financial opportunities and avoid financial misadventure. You’ll learn how to organise, create, interpret and communicate important financial information effectively, which will help you improve your organisation’s internal procedures and processes.
What you will learn
- Demonstrate an understanding of the development of financial statements
- Investigate and analyse financial statements in practice
- Apply financial ratios for purposes of understanding and synthesising business position and performance
- Apply a range of management accounting techniques to generate and evaluate complex ideas and concepts to improve decision making