Description

earning Outcome 1: Critically analyze Financial Accounting Principles to measure Bottom Line impact and develop competitive strategies.

§  PC 1.1:  Evaluate the financial and operational performance of an organization

§  PC 1.2: Critically review the influence of Accounting Standards and Accounting Policies in a financial and (macro) economic environment.

§  PC 1.3: Critically discuss financial accounting and management accounting practices that highlight the use/ misuse of financial data.

§  PC 1.4: Discuss how a plan and execution strategy can ensure competitive financial management.

Learning Outcome 2: Critique the relevance and significance of Budgeting Process, Techniques and Methods in driving Organizational Performance.

§  PC 2.1: Critically analyze the relevance of Traditional Budgets versus “new age” Alternative Budgeting Types and Techniques.

§  PC 2.2: Conceptualize the budgeting approaches required to link performance management to improved operational planning and management strategies.

§  PC 2.3: Apply Smart Technologies in Budgeting, Forecasting and Management Control Processes to investigate performance management issues.

Learning Outcome 3: Evaluate Financial Statements and business performance using Ratio Analysis.

§  PC 3.1: Apply Ratio Analysis to interpret the historic business performance of your chosen organization 

§  PC 3.2: Critically discuss how forefront developments or disruptions in the external operating environment have impacted the financial performance of your chosen organization.

§  PC 3.3: Evaluate future strategies for financial changes that will improve organizational sustainability.

Learning Outcome 4: Evaluate investment appraisal techniques to support decision-making.

§  PC 4.1: Critically discuss the importance of investment appraisal techniques when approving capital expenditure investment proposals.

§  PC 4.2: Conduct discounted and non – discounted flow analysis.