This module will demonstrate how to summarise the benefits of financial competence, explain the vital difference between cash and profit and differentiate between financial accounting and management accounting. We'll also look at the purposes and structure of the balance sheet, profit and loss account and cash flow statement, and how to use information from financial statements to discover how a company is performing. You'll also be able to plan a budget effectively.


This module is aimed at all professionals who want to learn about finance.


This module will take around 30 minutes to complete.