Business Accounting (SQA HN Unit F84M 34)

This Unit is designed to enable candidates to develop their knowledge and understanding in the preparation and use of accounting information within a business organisation. Candidates will develop the skills required to prepare basic financial and management accounting reports and, in addition, will also develop the skills, knowledge and understanding to enable them to interpret and use financial information for decision making.

On completion of the Unit the candidate should be able to:

1. Prepare final accounts, of a limited company, for internal users.
2. Prepare cash budgets and calculate break even point.
3. Identify the users of financial information and the purposes for which they require the information.
4. Describe the various sources of finance available to an organisation.
5. Analyse the performance and financial position of a business.

Credit points and level: 2 HN credits at SCQF level 7: (16 SCQF credit points at SCQF level 7)

For further information on this course, please visit the SQA website.

HOW WILL I BE ASSESSED?

This Unit is assessed by three separate assessments.

In order to complete this Unit successfully, you will be required to achieve a satisfactory level of performance in all assessed work.

ENTRY REQUIREMENTS

Candidates would normally be expected to be competent in numeracy and communication at SCQF level 5 or have similar qualifications or experience.