Master the art of financial reporting and preparing financial statements!
Short Course on Business Finance
The course ‘Business Finance’ will provide you a sound grasp of the basics of financial reporting and preparation of financial statements. This coporate finance course is also designed to introduce you to key management accounting skills necessary to support decision making. It will emphasise the acquisition and application of skills and knowledge necessary to inform managers responsible for planning, decision making and control. The course content is designed under 04 lessons which helps you understand financial reporting, management accounting and decision making, principles of financial statements and the fundamentals of costing, commercial finance and budgeting.
You are not required to demonstrate previous experience or knowledge to succeed in this course. As future financial analysts it is important to work on novel and hypothetical scenarios and know the required tools and theories to analyse the financial viability of organisations and use such insights for decision making. Such frames the overall aim of this short course on Business Finance.
However, remember to build dialogue with your online class mates and share your ideas and understanding of each of the lessons and topics. Please also ensure that each week you complete the assigned tasks and activities to reap the full benefit of this course.
Finally, the summative assessment will consolidate your learning over the 04 weeks which requires you to attempt 02 tasks covering the key learning outcomes of this course. You are required to submit a report worth 2,000 words answering both tasks.
How it works
Management Accounting and Decision Making
Principles of Financial Statements
Costing and Budgeting
Your Tutor for the Short Course on Business Finance
A course leader at LSM, Chrishanthi Ranaweera is a double Master’s holder. She possesses a Professional Postgraduate Diploma in Marketing from CIM, UK and is a Chartered Management Accountant of CIMA, UK. She is currently a doctoral candidate and has hands on experience in lecturing, tutoring and supervising over 2000 students for the past eight years.
Explore the concept of financial accounting,financial reporting and explain the regulatory framework
Evaluate the importance of management accounting for decision making
Evidence experience of financial statements and their advantages/ disadvantages
Describe marginal and absorption costing and the types of budgeting methods