Develop the skills & knowledge needed to analyse financial data and create financial plans.
15 Credits, Level 5
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Learners will acquire knowledge, skills and techniques that will enable them to analyse and interpret financial information. They will gain an understanding of how the accurate interpretation and analysis of accounting information is critically important to the success of businesses.
This subject looks at the importance of costs, volume and profit reports, balance sheets, profit and loss and cash flow statements and their application in the management decision-making processes used within businesses.
Successful completion of this micro-credential will enable a learner to:
Analyse the use of management accounting information as a decision-making tool needed within a business.
Examine the importance of costs, volume and profit reports for management decision-making. Define and analyse a balance sheet to identify its purpose and components.
Outline and interpret a profit and loss statement to identify its purpose and components. Define and analyse a cash flow statement to identify its purpose and components.
Outline and discuss the budget setting process for developing objectives and long-term planning in the business environment.
- Relevant work experience
- Demonstrate suitable literacy and numeracy skills
How To Enrol
To upskill your staff today you can click ‘purchase’ below to pay online. Alternatively please email firstname.lastname@example.org or call 021 623753. You can also fill out our ‘Contact Us’ form.
We will need the learners email address and they will be enrolled and set up within 24 hours.
Learners will need time to complete their online learning. Because this is online it is flexible to suit the needs of the business. They can complete this full-time, part-time or whenever they have time.
Everyone who takes part in these online qualifications will need to have access to a computer or laptop and working internet.
“I’m not aware of anything similar on offer in the market currently and believe there is both a demand and need for this sort of product. There is great appeal for both and employer and employee to be able to participate in training modules that are applicable across a broad range and be recognised for the results of that training with qualifications.“
AJ Hackett New Zealand