Learning Outcomes:

1. Understand the role of financial information and financial analysis in business risk assessment and decision making.

• 1.1 Analyse the factors that guide and drive decision  making in business.
• 1.2 Assess the significance of financial factors in  business decision making.
• 1.3 Evaluate the characteristics of business risk that  impact on financial and business decisions.

2. Understand how financial  statements and their structure  aid business decision making. 

• 2.1 Compare the accrual and cash flow approaches  to accounting and financial reporting and the  implications of each for business decision making.
• 2.2 Evaluate the structure and content of final  accounts and their uses for business decision  making. 
• 2.3 Interpret financial information in balance sheets,  income statements as well as sources and  applications of funds statements. 
• 2.4 Differentiate between financial decisions relating  to capital expenditure and those relating to  revenue expenditure. 

3. Be able to perform effective  capital expenditure appraisal  using range of techniques. 

• 3.1 Appraise various sources of short-term and long term financing for businesses.
• 3.2 Critically examine key factors affecting the choice of source of financing. 
• 3.3 Evaluate various techniques used for appraising  and making decisions regarding capital  expenditure.
• 3.4 Explain the possible benefits and drawbacks of  off-balance sheet financing.

4. Be able to evaluate how  different ownership structures  impact on financial performance.

• 4.1 Critically analyse the corporate governance, legal  and regulatory environments of different business  ownership structures.
• 4.2 Compare and contrast stakeholder interests of  owners and managers in decision making. 
• 4.3 Evaluate the significance of Return on capital  Employed (ROCE), Earnings Per Share (EPS) and other overall performance measures for the  long-term sustainability of businesses. 
• 4.4 Differentiate between business ethics, governance and accounting ethics as controls on  business accountability.

Topics:

Ownership structures, financial  statements

•  Sole traders, partnerships, limited companies, public  limited companies, public sector organisations,  cooperatives, international business structures, implications for finance.

• Structure of statements for each type of organisation,  differences between organisations, reporting requirements (UK and/or international law and standards) 

• Atrill, P. (2011) Financial Management for Decision Makers. Harlow: FT Prentice Hall. 

• Atrill, P. and McLaney, E. (2006) Management Accounting for Decision Makers. Harlow:  Prentice Hall.  

• Atrill, P. and McLaney, E. (2010) Management Accounting for Decision Makers. 6th Edition.  London: Financial Times Press.

• Berk, J. and DeMarzo, P. (2007) Corporate Finance. London: Pearson.  

• Brealey, R., Myers, S. and Marcus, A. (2007) Fundamentals of Corporate Finance. New  York: McGraw Hill Irwin. 

• Cox, D. and Fardon, M. (1997) Management of Finance. London: Osborne Books. 

• Drury, C. (2009) Management Accounting for Business. 4th Edition. London: Cengage  Learning 

• Dyson, J. R. (2004) Accounting for Non-Accounting Learners. 6th Edition. Harlow: FT  Prentice Hall. EMEA.

• Lumby, S. and Jones, C. (2000) The Fundamentals of Investment Appraisal. London:  Thomson

• Ray, P. (2009) Managerial Accounting for Business Decisions. 3rd Edition. London:  Financial Times Press.

Entry requirements

To enroll The Bachelor Award, the learner must possess:

• Graduated vocational schools or College or completed 2nd year of Bachelor or
• Relevant NQF / QCF / RQF Level 5 Diploma, or equivalent or
• HNDs/ NVQs/ Foundation degrees/ Diploma of higher education (DipHE) or
• At least 2 year working experience.
• And learners must be over 18 years old.

The London Academy of Sciences (LAS) reserves the highest decision-making power for admission whether to accept or not accept after a specific review of each candidate’s profile to ensure that they can comprehend and gain benefits when participating. For the fake university or diploma mills, University Partners shall not be accepted.

English requirements

If a learner is not from a predominantly English-speaking country, proof of English language proficiency must be provided.

• Common European Framework of Reference (CEFR) level B2 or equivalent
• Or A minimum TOEFL score of 101 or IELTS 6.5; Reading and Writing must be at 6.5 or equivalent

After graduating from Bachelor Award, students receive all certified documents from the London Academy of Sciences and also the University Partners.

Certified Documents:

• e-Certificate from the London Academy of Sciences
• Hard copy certificate from the London Academy of Sciences
• Accreditation of Prior Experiential Learning for Qualifications (APELQ) certified from University Partners for credit and tuition fee transfer
• Accreditation & Recognition certified from University Partners.

Because the program is accredited and recognized, students can easily use certified in the working environment and have many opportunities for career advancement. In addition, in case if you want to study for a university degree, students can convert all credits and the full tuition fee when participating in the program University Partners.

The London Academy of Sciences’ Bachelor Award means:

LAS UK Level 6 certification is the certified at the bachelor level and is equivalent to:

• Level 6 certificate of Regulated Qualification Framework (RQF) of UK
• Level 9 certificate of Scottish Credit and Qualifications Framework (SCQF)
• Level 6 certificate of Credit and Qualifications Framework (CQFW)
• Level 6 certificate of European Qualifications Framework (EQF)
• Level 7 & 8 certificates of the Australian Qualifications Framework (AQF)
• Level 6 certificate of ASEAN Qualifications Reference Framework (AQRF)
• Level 7 & 8 certificate of the African Continental Qualifications Framework (ACQF)

Students can convert all credits and the full tuition fee when participating in the University Partners academic programs if they want to study for an academic degree.

Credits transfer:

Learners can accumulate 20 credits from the Bachelor Award program when participating in the Bachelor of Business Administration with Hons – final year. Please see the credit transfer policy HERE

Tuition fee transfer:

When participating in the BBA with Hons program, students who have graduated 1 Bachelor Award will receive a discount of 390 Pounds. Please see the tuition fee transfer HERE

The London Academy of Sciences (LAS) Certified program is not-for-profit, so the tuition fees are fully supported by LAS, University Partners. The London Academy of Sciences reserves the right not to accept more students if the number exceeds the quotas.

Apply Policy:

• To participate in LAS’s Short courses program, students need to meet the entry criteria corresponding to each level. Please see the “Entry” tab for more details.
• LAS will not accept applicants if their entry qualifications are from diploma mill universities or schools/universities that are not accredited.
• For Bachelor Award programs, if an entry diploma is unavailable, students must demonstrate a minimum of 2 years of work experience in the relevant field.
• English is not a mandatory entry requirement for short course programs, but candidates need to ensure that English is used in reading documents, listening to lectures, and doing assignments. Candidates should note that English is a mandatory requirement when switching to an academic program at .

Apply Process:

1.  Choose the program that suits your requirements. Note that applicants without a university degree will not be able to participate in the Master Award program, and applicants without a Master’s degree will not be able to participate in the Doctoral Award program.
2. Email your application to support@las.ac with all the required documents. You could download the application form here.
3. Our admission department will contact you and guide you through further processes if the registration documents need to be supplemented.
4. The London Academy of Sciences will issue the Letter of Acceptant (LOA). You wil proceed to the next steps according to the instructions and pay tuition fee.
5. The London Academy of Sciences will issue a student confirmation letter, login account to the e-learning system and related documents.
6. You have become an official LAS student and enjoy your study journey.

The Short Courses Certified program is a fully online program. You can study anytime, anywhere. The final exam will be uploaded to the system and marked by the academic panel of LAS UK. Students must submit assignments on time. Otherwise, the student is considered not to continue the program.