Accounting for Decision Makers

Enhance your accounting knowledge with this short course

Accounting for Decision Makers

This introductory course will develop your accounting related skills, by explaining the techniques of financial accounting and management accounting, and examining their relevance to the broader issues of financial decision-making and management control in organisations. You will gain a basic insight into the way that business performance is measured, and how business decisions can be structured and analysed.

Topics covered will include:

  • Balance sheets and profit & loss accounts
  • The valuation of assets and liabilities
  • Financial ratios and how these can be used to analyse the performance of the company as a whole
  • Cash flow statements
  • Cost concepts and costing systems
  • Analytical techniques available for economic decisions in business enterprises and other informational requirements
  • Budgeting and performance measurement at the operational level

Accounting for Decision Makers will facilitate your development of interpretative skills in relation to accounting information including a critical attitude to its value and limitations. You will also develop computational and analytical skills in relation to the use of accounting data to facilitate decision making.

Further information about Accounting for Decision Makers is available in the course outline.

 

Teaching methods

Delivered by a mix of face-to-face lectures and classes. Lecture content and class material will be made available through the Business School’s bespoke online learning environment, The Hub.

Workshops will use case studies, structured discussions and in-class exercises to demonstrate the application of concepts as you learn. You will also be expected to complete private study and exam preparation work outside of your scheduled classes.

 

Assessment

  • Multiple choice question quizzes – (30% of final mark)
  • 1 final individual examination – (70% of final mark)

Imperial College London will issue an official transcript with a final overall numerical mark – a breakdown of results will not be provided.
Imperial College London reserves the right to change or alter the courses offered without notice.

 

Guest speakers and trips

Guest speakers such as recent Business School alumni working in relevant industries will visit the Summer School. Trips will also be organised to compliment your learning, for example previous classes visited the Bank of England Museum. Guest speakers and trips will be confirmed nearer the time.

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