Making sound business decisions depends on the evaluation and analysis of information. Given the frequent expression of information in monetary terms, financial literacy is a key element in creating value or identifying value opportunities. This course introduces accounting as the language of business and as a tool to be used by managers within the organisation and by external parties including shareholders and creditors.

The core aspects of management accounting and financial accounting are integrated and applied to significant issues as students will encounter them in business. Topics include the development of an appropriate business plan for the entity; costing and pricing; performance measurement; and the construction and use of published financial statements.