Business Finance has to do with accounting and the management thereof.  Accounting is the book-keeping process, which involves recording the value of every single transaction and summarizes it in the form of a trail balance, and other final statements such as a balance sheet.  The management hereof implies more than just knowledge of accounting concepts and methods, but also involvement in decision making and problem solving in the business.  It further involves producing cost and financial data, interpreting financial statements and preparing forecasts and budgets (Cost accounting). 

MODULES

• Use of finance in different types of businesses
• Purpose of business
• Financial & legal responsibilities
• Sources of funding
• Financial procedures
• Financial, management & cost accounting methods
• Pricing
• Breakeven-analysis
• Budget
• Stock valuation methods
• Bookkeeping up to trail balance
• Cash flow statement
• Bank reconciliation
• Interpreting balance sheet

INTERNATIONAL EXAMINATIONS
Students have the option to write the University of Cambridge International examinations for this module at either Standard or Advanced Level. Upon successful completion of the international exam, students will be awarded the Cambridge International Certificate in Finance Management.

LOCAL EXAMINATIONS
Should the student just enroll for the Certificate in Finance Management, a certificate for Finance Management will be awarded.
Two tests and one exam is written for this module and an Assignment has to be completed.
Pass mark is 60%