Managing Financial Resources

In today's business environment successful financial management starts in the critical areas of cash management and accounting practice undertaken to agreed rules and controls. The outcome is to ensure integrity in the process and deliver consistency and reliability in the financial statements upon which management rely.

This course contributes to the overall outcomes of the Graduate Certificate Professional Management by ensuring that students explore the meaning and importance of financial analysis and its place as one of the important practices in professional management.

This course is right for you

If you seek a thorough understanding of finances, how to ask the right questions and how to respond to the information you receive.

Your employer will benefit because

You will have a heightened appreciation of the impact of business decisions on cash flow, profit, and budgetary management. This will enable you to manage scarce financial resources efficiently and effectively, meeting society's requirements for ethical and sustainable financial outcomes.

You'll learn how to

• Understand and apply responsible and ethical decision-making
• Analyse, interpret and critically discuss financial statements
• Implement effective financial and non-financial performance measures
• Apply the cost-volume-profit model to make short term financial decisions
• Plan and manage budgets and financial resources to maximise financial and behavioural outcomes
• Select appropriate financial methodologies to evaluate and present investment proposals

Assessment

A combination of reports, plans, projects, and presentations.

Written assessment tasks are based primarily on the student's organisational context and experience. Assessment is at postgraduate level and requires academic referencing and evidence of having read and synthesised the literature.

Relationship to Qualification

Students who successfully complete this program and accompanying assessments will be granted credit towards the Graduate Certificate Professional Management or Graduate Diploma Management Innovation.

Enrolment

Enrol now or contact the AIM Graduate School on (07) 3227 4873 or email graduateschool@aimqld.com.au.