The following topics will provide you with the information you need to manage your business' finances. You will find case study examples to illustrate some areas of study in practical ways. A 'Financial advisor' icon will give you extra advice. You can try a 'Self test' for each topic to test your knowledge. Whilst working through some topics you will be able to download and keep documents for future reference or to use when completing activities.

Keeping the books
Financial statements
Managing your business cashflow
Taxation requirements
Rules and regulations affecting business finances

Tip The material in this competency is closely related to material in the competency 'Undertake financial planning'. The topic 'Managing your business cashflow' is presented in both competencies. Some sections in the topics will direct you to the competency 'Undertake financial planning' for more detailed information. You may find it useful to study both competencies to gain a rounded understanding of financial management and planning.