CCEA • Business studies

A look at the different between cash and profit. The importance of cash. Cash Flow Forecasting. How to work out working capital. Methods of Solving Working Capital. The Working Capital Cycle.

A look at investment appraisal including working examples of payback, avergae rate of return (ARR) and Net Present Value (NPV). Advantages and disadvantages of each method is provided.

A look at what is a decision tree, factors to include, diagrams to illustrate a decision tree and how to construct one. Advantages and disadvantages of a decision tree is provided.

A look at how to approach decision making.

A detailed document of who stakeholders are, their objectivesm how these objectives may clash and methods to resolve them.

Definition of what is ratio analysis. Types of ratios. Who uses ratios? Performaance ratios i.e. ROCE, Net Profit or Gross Profit. Liquidity Ratios o.e. Current Ratio or Acid Test Ratio. Gearing ratio. Shareholder Ratios. How to evaluate a company's ratios.

A look at investment decision making including payback with its advantages and disadvantages.

A look at what is culture, culture within a company and how to change culture via a groupthink.

A look at the income statement and statement of financial position with diagrams and examples. User of Financial Data both internal and external. How to calculate gross profit, cost of sales and net profit. How to evaluate an income statement. The assets and liabilities of a company.

Key company accounts definitions and the purpose of an income statement and statement of financial position.