This week’s topics
Final assessment and submission
- Final coursework submission
- Assessment against all criteria
What you will be able to do
- 1.1 Explain why a business would keep financial records.
- 1.2 Explain the purpose of business accounting.
- 1.3 Explain the accounting requirements of different types of business.
- 1.4 State different types of business finance at different stages in the growth of a business.
- 1.5 Explain the different types of accounting and financial statements.
- 2.1 Demonstrate accurate use of the double entry accounting system.
- 2.2 Demonstrate accurate bank reconciliation.
- 2.3 Develop control accounts for accounts receivable and accounts payable.
- 2.4 Demonstrate how to correct errors in accounting records.
- 3.1 Explain how absorption and marginal costing is used for decision-making.
- 3.2 Explain how budgeting is used for financial planning and control.
- 3.3 Explain how to undertake investment appraisal.
- 4.1 Produce accurate absorption and marginal cost statements.
- 4.2 Calculate sub and overall variances.
- 4.3 Prepare accurate and subsidiary budgets.
- 4.4 Apply investment appraisal methods to alternative capital investment options.
Activity
Final assessment week: submission of the unit assignment.
Study materials
The teaching notes, exercises and videos of this week are in the student portal. Your portal is set up as soon as you receive final acceptance, so you can open them before the semester starts.
