Financial Management

Main Topics of Study:

The Construction of Financial Statements

  • Company accounts
  • Cash-flow statements

Using Accounting Information

  • Accounting ratios
  • Accounting standards

Management Accounting

  • Marginal costing
  • Budgeting
  • Capital investment appraisal

Sources of Business Finance

  • Long-term sources of finance
  • Short-term sources of finance

Mergers and Takeovers

  • Reasons for growth via horizontal, vertical, or conglomerate integration
  • Financing of growth
  • The construction of basic group accounts

Capital Markets

  • The function of stock exchanges
  • Share and bond issues
  • Rights and bonus issues