FREE IB BUSINESS MANAGEMENT TEXTBOOK
@lewwinski
IB DP Business Management.
A textbook that students ACTUALLY like. And it's free!
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3. Finance and accounts

3.9 Budgets 

The main point of this class is to learn how to construct budgets and calculate variances.

3.8 Investment appraisal

The main point of this class is to learn to see whether investment is worth pursuing.

3.7 Cash flow

The main point of this class is to learn what cash flow is and how to prepare cash flow forecast.

3.6 Debt/equity ratio analysis

The main point of this class is to learn how to calculate efficiency ratios and to distinguish insolvency and bankruptcy.

3.5 Profitability and liquidity ratio analysis

The main point of this class is to learn how to calculate profitability and liquidity ratios.

3.4 Final accounts

The main point of this class is to learn to prepare profit and loss account and balance sheet.

3.3 Costs and revenues

The main point of this class is to categorise all costs into two groups and understand where income comes from, in addition to product sales.

3.2 Sources of finance

The main point of this class is to learn to choose the right source of finance in the given situation.

3.1 Introduction to finance

The main point of this class is to explain two ways in which organisations spend money.