Course : Financial Planning

The course aims on introducing students to current trends in financial planning, short-term decision-making, transfer pricing, and control systems for performance evaluation.  By the time they complete the course, students should be able to understand the use of internal accounting information for financial planning, decision-making, and performance evaluation. Further, they will be able to apply these concepts in relevant case studies or real-world examples.

On completion of this course, students:

1. Will be in a position to understand the processes through which firms prepare budgets and utilize them for controlling operating activities.
2. Will be familiar with transfer pricing. short-term decision-making and performance evaluation.
3. Will understand the practical usefulness of strategic management accounting.
4. Will have the skills to use management accounting techniques, tools, and methods in practice,
5. Will be able to select the most suitable management accounting method, tool, or technique to extract and process accounting information for decision-making.