Review and coursework completion

This week’s topics

Review and coursework completion

1. Reviewing the learning outcomes
2. Completing and checking coursework against the criteria
3. Self-assessment

What you will be able to do

• 1.1 Explain the purpose of financial reporting for meeting organisational objectives, development and growth.
• 1.2 Analyse the context of financial reporting including regulatory frameworks and governance of financial reporting.
• 1.3 Describe how budgeting and monitoring of business performance contribute to business success.
• 1.4 Explain the advantages and disadvantages of different types of budget-setting.
• 1.5 Analyse and account for variances in a budget.
• 1.6 Prepare budget monitoring reports.
• 2.1 Explain the purpose and functions of control accounts.
• 2.2 Prepare control accounts from given data.
• 2.3 Prepare a report on the outcome of an analysis of control accounts .
• 3.1 Apply different methods of investment appraisal to business decision-making.
• 3.2 Assess the impact of an investment proposal.
• 3.3 Prepare a report on the outcome of an investment appraisal.
• 4.1 Analyse the financial statements of a business.
• 4.2 Evaluate the financial performance of a business.
• 4.3 Demonstrate how to communicate financial information to different stakeholder groups.

Activity

Guided review of every criterion; coursework completion clinic and peer review.

Study materials