Financial ManagementFinancial Management asim to enable you to recommend relevant options for financing a business, recognise and manage financial risks and make appropriate investment decisions. On completion of this module, you will be able to: identify capital requirements of businesses, assess financing options and recommend relevant methods of financing; identify the financial risks facing a business and the principal methods of managing those risks; and apply

which will then be applied when drafting the financial statements

sales and general ledgers

explain the contribution and inherent limitations of financial statements

It also deals with the information available to assist management in evaluating and forecasting the behaviour of consumers

source and purpose of management information

Calculate material

E Treasury and advanced risk management techniques

C Quality management and practice management

and the key relationships which impact on those engaged in business and demonstrate the ability to apply that knowledge to practical scenarios

for both single entity and consolidated financial statements

D Planning and conducting an audit of historical financial information

Prepare cash budgets and monitor cash flows