Business Accounting

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Having completed this study unit • You understand the basic concepts of financial management and know the legislation related to financial management. • You know the basics of bookkeeping and financial statements. • You understand the concept of value-added tax and are familiar with value-added tax and corporate taxation. • You calculate the taxable income. • You know how to do bookkeeping with an electronic financial management system. • You understand the basic concept of cost-volume profit analysis and pricing for small business. • You know the importance of identifying costs and pricing for a small business and of cash flow. Competences: Financial Management and Business related Law Competence