Description
Financial management can be defined as the activities involving planning, raising, controlling, and administering money that is used in the business. Financial management involves procuring funds for buying fixed assets, raw materials, and working capital.
Objectives
diagnostic skills associated with the preparation and explanation of financial reporting; assessment skills associated with the use of financial information in decision-making; In order to achieve these aims it is necessary for you to have a strong understanding of the accounting systems that produce accounting and financial data. Therefore, you will also be required to develop: technical and computational skills associated with the production of accounting information
Outlines
1- explain the objectives, concepts and relationships that underpin both internal and external financial reports
2-esearch the financial performance and position of reporting entities
3-apply analytical tools, techniques and frameworks to evaluate and critically examine the contents of both internal and external financial reports
4-communicate financial information to interested stakeholders in an ethical and professional manner