ACCY801 - Financial Management - Management Principles - Decision Making - Accounting Assessment Answer

ACCY801 - Financial Management - Management Principles - Decision Making - Accounting Assessment Answer 

Assessment Task:

LEARNING OUTCOMES
On successful completion of this subject, students will be able to:
1. Apply accounting and financial management principles in the planning and control of resources.
2. Analyze the accounting and financial environment of various organizations in order to assist with key financial decision making ethically
3. Evaluate the implications of both short and long term investment decisions incorporating ethical judgement.
4. Interpret both internal and external financial reports for financial decision making
5. Examine and evaluate the key issues relating to accounting and financial management and recommend appropriate solutions to a variety of audiences

DESCRIPTION
This foundation subject is intended for those who need to obtain some introductory understanding of the principles of accounting and financial management. No previous knowledge or experience is assumed. The subject will introduce you to the role that effective financial management makes within an organization. The aim is to increase your proficiency in the use of the accounting data that you receive in your work environment, as well as making you aware of the basis on which key financial decisions are made. You will be introduced to the basic concepts of financial decision-making and the role of financial management in organizations to allow you to become better acquainted with the planning and controlling of resources you have at your disposal.

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