5.1 Business finance: needs and sources

• Why do business need capital?

• What are the duration of financing needs?

• What are the main sources of capital?

• How to choose methods of finance?

5.2 Cash-flow forecasting and working capital

• What are the importances of cash in business?

• What are examples of cash inflows and cash outflows?

• How to prepare cash flow forecasting?

• What would cause a firm to run short of cashflow?

• How to overcome a short of cashflow?

• What are the importances of working capital?

5.3 Income statements

• What is the importance of income statement?

• What are the components of a balance sheet?

• How to use the income statement?

• What to do to increase gross profit? And increase profit?

5.4 Statement of financial position

• How to prepare the balance sheet?

• What are the important components in the balance sheet?

• How to balance the balance sheet?

5.5 Analysis of accounts

• What are performance and liquidity ratios?

• What are the uses of financial statements?

• What are the limitations of accounts and accounting ratios?