Managing Financial Resources

Role of accounting in the management of resources Understanding financial statements Assessing financial performance Cost classification and behaviour Costing methods - marginal and absorbtion costing Costing methods - standard costing Cost-profit-volume and break-even analysis Decision making Investment appraisal techniques Pricing methods Purchasing and supply of materials Purchase and utilisation of capital equipment and premises Internal performance measurement Budgeting Planning and control of financial resources Planning and control of physical resources Planning and control of expenditure Securing financial resources Project planning and control.