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Level 4 Diploma in Logistics and Supply Chain Management

Midterm evaluation

LSC404 · Finance and Accounting — Midterm

CourseLSC404
Week8 of 16
SemesterII
TutorOnline in the course chat

This week’s topics

Midterm evaluation

  1. Midterm assessment of the criteria taught so far
  2. Individual feedback and targets

What you will be able to do

  • 1.1 Identify the reasons for maintaining accurate financial records in business.
  • 1.2 Explain the specialist finance and accounting roles in a business.
  • 1.3 Explain the purpose of the main financial statements.
  • 1.4 Discuss the contribution of the finance and accounting function to business decision-making in a logistics business.
  • 2.1 Understand the importance of business finance for a logistics business.
  • 2.2 Understand the concepts of working capital and liquidity.
  • 2.3 Discuss the sources of finance for a logistics business in different scenarios.
  • 2.4 Understand the impact of depreciation on business assets.

Activity

Midterm assessment task and individual feedback.

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.
Week 7Week 9
Course chat

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Open this week in the portal
Course plan
  • Week 1: Foundations of Financial Record-Keeping
  • Week 2: Core Financial Statements and Logistics Decision-Making
  • Week 3: Business Capital and Fixed Asset Depreciation
  • Week 4: Working Capital and Liquidity Management
  • Week 5: Sources of Finance for Logistics Operations
  • Week 6: Budgetary Frameworks and Approaches
  • Week 7: Budget Preparation in Logistics
  • Midterm: Midterm evaluation
  • Week 9: Variance Analysis and Budgetary Control
  • Week 10: Financial Performance and Ratio Analysis
  • Week 11: Addressing Financial Under-Performance
  • Week 12: Applying Finance and Accounting in practice: case studies
  • Week 13: Assignment workshop: research, planning and referencing
  • Week 14: Assignment workshop: drafting, feedback and improvement
  • Week 15: Review and coursework completion
  • Final: Final assessment and submission
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