UNIT 3
Finance and Accounts
UNIT 3: Finance and Accounts
Irrespective of their size, scope and sector, all organizations need robust accounting systems, making finance a core business function. In unit 3, students examine finance and accounts through both quantitative and qualitative methods.
They learn how businesses represent themselves numerically through accounts; they also learn how to construct basic balance sheets and profit and loss accounts themselves.
By the end of the unit, they will be able to explain the meaning of these accounts by calculating ratios (for example, gross profit margin, net profit margin and return on capital employed (ROCE)) and interpreting the results.
HL students explore aspects of finance and accounts in more depth through the study of further efficiency ratios, investment appraisals and budgets.
Please note that the label Restricted means that some content is restricted to some of your students
(depending on if they are SL or HL or if they have completed a required activity), but of course, it is available to you as a teacher.
Course Features
- Lectures 11
- Quizzes 28
- Duration 365 days
- Skill level All levels
- Students 3
- Certificate Yes
- Assessments Self
Curriculum
- 11 Sections
- 11 Lessons
- 365 Days
- Introduction1
- 3.1 Introduction to finance2
- 3.2 Sources of finance3
- 3.3 Costs and revenues3
- 3.4 Final Accounts (some HL)5
- 3.5 Profitability and Liquidity Ratio Analysis5
- 3.6 Efficiency Ratio Analysis (HL Only)4
- 3.7 Cash Flow4
- 3.8 Investment Appraisal (Some HL Only)4
- 3.9 Budgets (HL Only)3
- UNIT 3 Revision5
