P3 Risk ManagementP3 Risk Management is a deceptively complex subject: you could be forgiven for thinking that it is just about finding ways to manage risk. However, when you break it down further, there are more questions that emerge, such as who is responsible for managing risk in an organisation, how does risk management fit with the organisations strategy, how do organisations adopt suitable control systems and how do they prepare for risks in a volatile global

proportions and ratios

maintaining and reconciling cash and petty cash records

A Cost Accounting for Decision and Control

cost control and strategic decision making

C Managing and Controlling the Performance of Organisational Units

This unit teaches students to consider the role and responsibilities of the accounting function

I Professional skills

as will ethical and legal issues

The aim of this syllabus is to build a knowledge and understanding of the principles and techniques used in recording

P2 is concerned with how to create value for the organisation through the effective management of costs

B Corporate Governance

It focuses on the three fundamental areas of management accounting: planning