Develop the skills & knowledge needed to analyse financial data and create financial plans.
15 Credits, Level 5
Course Content
Learners will acquire knowledge, skills and techniques that will enable them to analyse and interpret financial information. They will gain an understanding of how the accurate interpretation and analysis of accounting information is critically important to the success of businesses.
This subject looks at the importance of costs, volume and profit reports, balance sheets, profit and loss and cash flow statements and their application in the management decision-making processes used within businesses.
Successful completion of this micro-credential will enable a learner to:
Analyse the use of management accounting information as a decision-making tool needed within a business.
Examine the importance of costs, volume and profit reports for management decision-making. Define and analyse a balance sheet to identify its purpose and components.
Outline and interpret a profit and loss statement to identify its purpose and components. Define and analyse a cash flow statement to identify its purpose and components.
Outline and discuss the budget setting process for developing objectives and long-term planning in the business environment.
Entry Requirements
- Relevant work experience
- Meet the required level of English (IELTS 5.5) or equivalent literacy and numeracy skills
Cost
- Domestic Students $960 including GST (NZ citizens, including students from Tokelau, the Cook Islands and Niue. NZ residents, Australian Citizens)
- International Students $1920 including GST
How To Enrol
To upskill your staff today you can get the individual learner to fill out our online application form here.
If you are wishing to enquire about enrolling somebody other than yourself or several users please contact us.
We will need the learners email address and they will be enrolled and set up within 24 hours.
Learner Requirements
Learners will need time to complete their online learning. Because this is online it is flexible to suit the needs of the business. They can complete this full-time, part-time or whenever they have time.
Everyone who takes part in these online Micro-credentials will need to have access to a computer or laptop and working internet.
“We have worked with ITC for over 15 years. We are excited about this offering. Our team has limited access to courses of this nature and given the shifts and work loads of our team, a longer term course is not always practical nor as targeted and focused as micro-credentals will offer. “
Cordis Hotel
