Financial management
This unit will enable you to use financial reports and learn how to make judgements on proposals against strategic objectives
Understanding and interpreting financial data is a business critical skill set.
Study Unit Code: 7003V1
Study Unit Group: A
Study Unit Credits: 7
Maximum flexibility: Study online, with full Tutor support as and when you need it.
Assignment Summary
Describe how financial data is best obtained, analysed and related to performance from the viewpoint of both external, formal statements and also internally. Explain the most appropriate methods that would be used to evaluate and translate financial reports, consider effective approaches to budgeting and discuss how proposals for expenditure can be considered and linked to the strategic objectives of the organisation.
Upon completion of this CMI unit you will be able to:
Course Materials
All of the below are techniques related to the Study Unit and can be read, applied and referenced in completion of the Study Unit.
Credit Analysis Accounting Rate of Return Balance Sheet Bounded Rationality Model of Decision-Making Break-Even Analysis Budgeting Processes Business Cycle Cash Flow Forecasting Cash Flow Statement and Management Consumer Price Index Corporate Audits Cost-Benefit Analysis Cost-Volume-Profit Analysis Demand-pull Inflation Discounted Cash Flow Econometric Forecasting Model Economic Order Quantity Economic Production Quantity Economic Value Added Financial Planning and Forecasting Financial Ratio Analysis Financial Statement Analysis Forecasting Gearing Ratio Inflation Linear Trend Forecasting Pricing Models Sensitivity Analysis Spend Analysis Variance Analysis Zero-based BudgetingAll these techniques are available within the KBManage Platform. See what else is included, take a tour.
