Standards and conventions of accounting, Accounting Basics

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Investigate the principles, standards and conventions of accounting by:

  •   assessing  the need for financial information, its purpose and limitations
  •   analysing the role of accounting conventions in the management of finance for a given organisation

Assignment 
 
Explore the nature and use of financial information by:

  •  analysing the quality and usefulness of published financial information for a given organisation

Assignment 3
 
Examine the interpretation and analysis of financial information by:

  •   interpreting and evaluating the financial position of your organisation or an organisation that is well known to you to establish financial trends

Reflective Learning Statement
 
Explain how the main themes of this unit have impacted (or could in the future) on your work role  - you should include an analysis of your strengths and weaknesses relating to this unit both at the start and end of the unit.


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