This week’s topics
Review and coursework completion
- Reviewing the learning outcomes
- Completing and checking coursework against the criteria
- Self-assessment
What you will be able to do
- 1.1 Analyse the factors that guide and drive decision making in business.
- 1.2 Assess the significance of financial factors in business decision making.
- 1.3 Evaluate the characteristics of business risk that impact on financial and business decisions.
- 2.1 Compare the accrual and cash flow approaches to accounting and financial reporting and the implications of each for business decision making.
- 2.2 Evaluate the structure and content of final accounts and their uses for business decision making.
- 2.3 Interpret financial information in balance sheets, income statements as well as sources and applications of funds statements.
- 2.4 Differentiate between financial decisions relating to capital expenditure and those relating to revenue expenditure.
- 3.1 Appraise various sources of short-term and long-term financing for businesses.
- 3.2 Critically examine key factors affecting the choice of source of financing.
- 3.3 Evaluate various techniques used for appraising and making decisions regarding capital expenditure.
- 3.4 Explain the possible benefits and drawbacks of off-balance sheet financing.
- 4.1 Critically analyse the corporate governance, legal and regulatory environments of different business ownership structures.
- 4.2 Compare and contrast stakeholder interests of owners and managers in decision making.
- 4.3 Evaluate the significance of Return on capital Employed (ROCE), Earnings Per Share (EPS) and other overall performance measures for the long-term sustainability of businesses.
- 4.4 Differentiate between business ethics, governance and accounting ethics as controls on business accountability.
Activity
Guided review of every criterion; coursework completion clinic and peer review.
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.