Description
The course consists of the following lessons:
Module 1 – Business Income and Expenditure
- Topic 1: Working with percentages in business contexts (Part 1)
- Topic 2: Working with percentages in business contexts (Part 2)
- Topic 3: The need to keep careful financial records
- Topic 4: Sales, Cost of Sales and Gross Profit
- Topic 5: Selling Costs and Operating Profit, Profit before and after Tax, Dividends and Retained Earnings
- Topic 6: The complete Income Statement
Module 2 – Applications of simple and compound interest
- Topic 1: Simple interest
- Topic 2: Compound interest
- Topic 3: Evaluating the costs of products and services
- Topic 4: Hire Purchase Agreements
- Topic 5: Savings, investments and inflation
- Topic 6: Appreciation and depreciation
Module 3 – Personal finance and budgets
- Topic 1: Interpreting personal financial information
- Topic 2: Developing and using personal budgets
- Topic 3: Studying and revising personal budgets
- Topic 4: Drawing up and monitoring a personal budget
- Topic 5: Looking at the national budget