Accounting and financial decision-making
Distance
Objectives On completion of this subject students should be able to define and discuss the major concepts in financial and management accounting; prepare profit and loss and balance sheet statements from given source material; understand the information requirements for financial decision making by internal managers and external interest groups; read and interpret financial statements; analyse financial statements for profitability and risk; apply the accounting and present value models to investment situations; and demonstrate competence in business communication through oral and written assessment.
Synopsis This subject aims to provide students with a basic knowledge of accounting and an understanding of its roles in providing information for financial decision making.
Assessment Three tasks: 15%
* Assignment: 15%
* Examination (3
hours): 70%
* To obtain a pass in this subject students must obtain 50% of
the marks allocated on the final examination and 15 of the 30 marks allocated
to the tasks and assignment.
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