Understand and evaluate budgets and their impact


This assessment addresses the following subject
learning outcomes:
a) Apply the key theories and principles of financial
management within varying contexts.
b) Critically evaluate the role and content of each of the
four main financial statements as sources of quantitative
data, and their impact on business decision making.
c) Investigate and evaluate the range of issues involved in
the different types of funding.
d) Understand and evaluate budgets and their impact on
long and short-term business decisions.
e) Critically analyse financial statements using effective
strategies and apply accountancy information for
informed managerial decision-making.

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