Credit and Debt ManagementThis unit provides an understanding and application of the principles of effective credit control systems, including appropriate debt management systems. Organisations will usually offer credit terms to its customers, which could lead to financial difficulties if customers pay late or do not pay at all. It is therefore important to determine that potential credit customers can honour any credit terms agreed. Credit and Debt Management is an optional

D Making strategic choices

provisions

Strategy lies at the heart of what organisations do

plan and control cash flows

A Management information systems and data analytics

The syllabus also deals with audit completion including the auditor’s report

and/or FRS 105

The identification and classification of costs and their behaviour provides the basis for understanding and applying the tools and techniques needed to plan

B Capital Investment Decision Making

This unit is about the budgeting and decision-making process within an organisation

expense and overhead costs for products

decision support and strategic aspects of management accounting and analyse complex problems in an accounting and business context