Study Guide

Objectives

The course aims to provide an understanding to interpret a company's financial situation and risks taking into account changes affecting the business environment.

After completing the course, the student will be able to:
• assess the financial situation of a business.
• identify risk factors and future needs for change.

Content

The contents include the followings:
• How to analyze financial statements and use ratios?
• What are business risks and how are they assessed?
• What are the drivers of change in the business environment and how should they be taken into account in management?

Prerequisites

None.

Assessment criteria, satisfactory (1-2)

The student will identify changing trends in the business environment and understand business risks. They know the basics of financial reporting and the key performance indicators. The student participates in the calculation and reporting process.

Assessment criteria, good (3-4)

The student will analyze the risks and needs for change in the business environment. They will apply the general accounting principles. The student will be an active member of a team and will be able to report professionally on their work.

Assessment criteria, excellent (5)

The student will be able to analyze risk factors and future change needs from a business management perspective. They will use key performance indicators to assess business performance. They assess future prospects and change trends. The student is highly motivated and committed to taking responsibility for their own and their team's performance and reporting.

Further information

Implementation plan.