Learn to interpret financial statements and use accounting data for managerial decision-making.
About this course
PRCM 2340 Financial Accounting for Managers introduces you to the language of business finance. You will learn how to read financial statements and turn numbers into actionable insights. The course focuses on practical application, helping you make informed decisions using accounting data.
You will explore how financial information supports strategic planning, budgeting, and performance evaluation. No prior accounting experience is required beyond the prerequisites, but you should be comfortable with basic mathematics and data analysis.
Who takes this course
This course is required for students in the following programs:
It is also recommended for students in the Marketing Management (BMKT) program who wish to strengthen their financial literacy.
Course details
Term: Fall 2026
Delivery mode: In-person (Mercer Street Campus)
Prerequisites: PRCM 1100 Principles of Marketing and ACCT 1100 Principles of Financial Accounting, or permission of the instructor.
Credits: 3 · Hours: 45
Prerequisites
- PRCM 1100 Principles of Marketing
- ACCT 1100 Principles of Financial Accounting
Learning outcomes
- Read and interpret balance sheets, income statements, and cash flow statements for non-financial managers.
- Analyse key financial ratios to assess organisational performance and identify trends.
- Apply accounting data to support budgeting, forecasting, and resource allocation decisions.
- Communicate financial information clearly to stakeholders without a finance background.
- Identify ethical considerations and regulatory requirements in managerial accounting contexts.
Evaluation
| Component | Weight (%) |
| Mid-term examination | 25 |
| Financial analysis case study | 25 |
| Group presentation on financial decision-making | 20 |
| Final examination | 30 |