Abstract
Financial Literacy is vital in all workplaces and professions. This subject addresses the basics of interpreting and using financial information in professional environments to ensure that students are well prepared for future study and employment. It focuses on practical uses of financial literacy in differing professions and workplaces.
Syllabus
time value of moneycash flow statementsprofit and loss statementbalance sheetsusing all the information in the statements to build a picture of financial health
Learning outcomes
Upon successful completion of this subject, students should:
1.
be able to understand and apply the principles of the time value of money and opportunity cost
2.
be able to interpret the information conveyed in standard budgeting tools such as a cash flow statement, profit and loss statement and a balance sheet