Unit purpose and aim(s)
This unit is designed to enable you to gain knowledge and understanding of accounting principles, processes and concepts that can be applied in a general management context.
As a manager or aspiring manager, the unit aims to equip you with the knowledge and practical skills to complete and review financial accounting tasks. These tasks are required to prepare, review and interpret internal and external financial information to make effective analytical judgements and report findings to business stakeholders. You will develop the skills required to record business transactions and generate financial information. This information is used as the basis for financial control and planning. The unit also allows you to consider the importance of effective management of cash flow and to highlight cash flow problems which could lead to business failure.
Managers are frequently required to make strategic investment decisions. This unit will allow you to consider the practical use of costing, pricing and capital investment techniques in order to make informed decisions.
Assessed by a timed open book exam.
Qualifications for this unit
ABE Level 4 Foundation Diploma in Business Management
ABE Level 4 Diploma in Business Management and Marketing
ABE Level 4 Diploma in Business Management and Human Resources
ABE Level 4 Diploma in Business Management
Qualifications for this unit
ABE Level 4 Diploma in Business Management and Marketing
Provides a thorough grounding in the core principles of marketing and business management. The first year of a Bachelors degree is at the same level.
ABE Level 4 Diploma in Business Management and Human Resources
Gain a thorough grounding in contemporary Business Management with a particular focus on principles of Human Resources (HR). Year one of a Bachelors degree is at the same level.
ABE Level 4 Diploma in Business Management
This qualification gives you a thorough grounding in Business Management and is a great a springboard for progressing to higher levels of academic study. It is at the same level of difficulty as year one of a Bachelors degree.
For a full overview download the qualification specification:
ABE Level 4 Foundation Diploma in Business Management
The shorter Foundation Diploma provides a good general grounding in core aspects of business. It will also give you the tools to develop yourself in a way that will support your long term career progression.
It is designed for those who wish to further their career or progress quickly onto the next ABE Level and then go onto employment. If you wish to progress to a university degree, the 8 Unit - 120 credit - Diploma is likely to provide more favourable progression options in the long term.