Making Financial Decisions

This course introduces the principles, role, scope and limitations of financial and management accounting in organisations, from the viewpoint of managers, with the aim of helping you make better financial decisions.

This Short Course can be taken as a stand-alone course or it may be available as part of a Certificate of Higher Education.

Learning objectives

This course aims to:

  • Introduce the terminology used by accountants, and the framework within which they work
  • Provide an understanding of the accounting system up to and including a basic set of final accounts for a sole trader
  • Provide an understanding of some basic costing methods, such as absorption costing and cost-volume-profile analysis and break even analysis
  • Introduce the budgeting process in larger organisations and the implications for management
  • Examine a set of accounts for a FTSE-listed limited company and consider their contents and what they mean
  • Consider the analysis of company accounts, and their use in ratio and the calculations of key performance indicators
  • Consider the role of accounting in the management and strategic development of organisations.

15 credits at level 4

  • Entry requirements

    Entry requirements

    Most of our short courses have no formal entry requirements and are open to all students. You may have to fulfil specific prerequisites for some intermediate-level or advanced-level courses, but these will be specified where relevant.

  • How to apply

    How to apply

    You enrol directly onto the classes you would like to take, using the Enrol Now link below. Classes are filled on a first-come, first-served basis – so apply early. If you wish to take more than one short course, you can select each one separately and then enrol onto them together via our online application portal. There is usually no formal selection process, although some modules may have prerequisites and/or other requirements, which will be specified where relevant.

First class: Thu 11-Jan-18 6pm-9pm

Class location Central London
Class code FFMN013H4ACB

First class: Sat 10-Feb-18 10am-5pm

Class location Central London
Class code FFMN013H4CCB