Financial Awareness in Strategic Financial Planning

Accounting and Finance

Unit Code
Level 4
Distance Learning
Class Room
Unit Code
Level 4
Distance Learning Fee
Face to Face Fee
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Total Fee £1600

£2360 (£1600 during the tuition waiver period)

Please see the Tuition Fee section to see if you are eligible for a scholarship.
Course Overview

This course is designed to introduce learners to the nature, role and importance of financial information in organisations from a managerial perspective. Learners will have the opportunity to look at communication and interpretation of financial information for managing organisations, its regulation and structuring and use in decision making, together with the principles of accounting, standards expected, and concepts and conventions that influence the presentation of financial information.

Course Content

Introduction to the module

Introduction to Financial Awareness

  • The Nature of Financial Information
  • The Role of Financial Information in Decision Making Process
  • Sources of Financial Information
  • Limitations

Principles of Accounting

  • What is a Conceptual Framework?
  • Accounting Frame work
  • Accounting Concepts

Published Financial Information

  • Introduction to Published Financial Information
  • Understanding financial commentary
  • Trends in published accounting information
  • Financial Accounting Help Decision-Making

General principles of accounting

  • The need for generally accepted accounting principles.
  • Importance of securities and exchange commission
  • Performing an audit
Learning Outcome & Assessment Criteria

1.  Explore the nature and use of financial information

  1. Discuss the need for financial information, its purpose, limitations and the main stakeholders interested in the information
  2. Identify accounting arrangements and conventions used by organisations

2.  Investigate the principles and standards used to produce accounting and financial information

  1. Explain how accounting frameworks and regulation influence accounting and financial arrangements
  2. Explain the uses of published financial information
  3. Explain how an organisation uses management accounting practices

3.  Examine financial commentary that interprets and analyses published financial information

  • The assessment strategy for this course is designed to test all the learning outcomes.
  • Learners must demonstrate successful achievement of all learning outcomes to pass the course.
Assessment Marking Criteria


Citizens of the following countries are eligible for a 50% scholarship upon writing a personal statement. All scholarships are to be approved by the Academic Board. The list of countries are: Sri Lanka, Indonesia, Philippines, Bhutan, Morocco, Vietnam, Papua New Guinea, Laos, Cambodia, India, Nigeria, Ghana, Bangladesh, Laos, Myanmar, Pakistan, Nepal and South Africa. Please talk to your student counselor and ask for the Coupon Code to get the 50% Tuition Waiver.

  • The assessment criteria for a pass will be presented with the summative exercise.
  • Further information and guidance on the assessment will be made available through the tutor.
Unit Pass Requirements

To pass the unit a 40% overall grade must be achieved.

Frequently Asked Questions
What is included in the cost of my programme?
  • All course material, including online modules and written assignments
  • Unlimited personal tutor support with online sessions
  • Dedicated student support
  • Access to an online community learning forums
  • Assignment marking and feedback
Am I eligible for this programme?

You are eligible if you meet our stipulated entry requirements.

Standard ROUTE

Easy Monthly Payments


Access to LMS

Easy 12 instalments

Complete in 12 months

Unlimited tutor support

Requires submitting 1 assignment per month



Easy Monthly Payments


Access to LMS

Easy 6 instalments

Complete in 6 months

Priority support

Unlimited tutor support

Requires submitting 2 assignments per month

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Access to LMS

No monthly payments

Complete at your own pace

Priority support

Unlimited tutor support

Dedicated counselor

No additional bank charges

Career guidance & advise

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