It is essential for senior managers to be able to not only read and understand financial statements but to also have a clear understanding of costing principles and the budgetary process. This module will familiarize managers with the key concepts of accounting, finance, different types of costing techniques etc.
Managing funds is an important responsibility of senior managers and departmental heads. In addition to developing the ability to read and interpret financial statements, senior managers must also understand how to forecast requirements of resources and how to manage them effectively.