Managing Financial Principles and Techniques
MANAGING FINANCIAL PRINCIPLES AND TECHNIQUES
DESCRIPTION OF THESIS:
This thesis is the first of two that provide learners with a foundation in financial principles and techniques relevant to the strategic management process. In this unit, the focus is on the management of costs through the use of forecasting, appraisal and financial reporting procedures. The main objective is to provide learners with the tools and confidence to apply analyze and evaluate financial information. This will enhance their decision-making skills through the use and validation of forecasting techniques, and the consideration of financial statements.
To complete this unit effectively learners will need to show an ability to judge the sources, nature, accuracy and completeness of cost-based information. They will also need to apply strategies associated with determining sound management information with reference to the sources of funds, the potential investment of resources, and the interpretation of financial statements.
This unit is the first of two that provide learners with a foundation in financial principles and techniques relevant to the strategic management process. In this unit, the focus is on the management of costs through the use of forecasting, appraisal and financial reporting procedures. The main objective is to provide learners with the tools and confidence to apply analyze and evaluate financial information. This will enhance their decision-making skills through the use and validation of forecasting techniques, and the consideration of financial statements.
To complete this unit effectively learners will need to show an ability to judge the sources, nature, accuracy and completeness of cost-based information. They will also need to apply strategies associated with determining sound management information with reference to the sources of funds, the potential investment of resources, and the interpretation of financial statements.
1. Apply relevant
DESCRIPTION OF THESIS:
This thesis is the first of two that provide learners with a foundation in financial principles and techniques relevant to the strategic management process. In this unit, the focus is on the management of costs through the use of forecasting, appraisal and financial reporting procedures. The main objective is to provide learners with the tools and confidence to apply analyze and evaluate financial information. This will enhance their decision-making skills through the use and validation of forecasting techniques, and the consideration of financial statements.
To complete this unit effectively learners will need to show an ability to judge the sources, nature, accuracy and completeness of cost-based information. They will also need to apply strategies associated with determining sound management information with reference to the sources of funds, the potential investment of resources, and the interpretation of financial statements.
This unit is the first of two that provide learners with a foundation in financial principles and techniques relevant to the strategic management process. In this unit, the focus is on the management of costs through the use of forecasting, appraisal and financial reporting procedures. The main objective is to provide learners with the tools and confidence to apply analyze and evaluate financial information. This will enhance their decision-making skills through the use and validation of forecasting techniques, and the consideration of financial statements.
To complete this unit effectively learners will need to show an ability to judge the sources, nature, accuracy and completeness of cost-based information. They will also need to apply strategies associated with determining sound management information with reference to the sources of funds, the potential investment of resources, and the interpretation of financial statements.
1. Apply relevant