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
