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Accounting and Finance for Managers.png

Free online course on Accounting & Finance for Managers

The course ‘Accounting and Finance for Managers’ will introduce you to the core aspects of accounting and finance namely financial reporting, management accounting and financial management. The study of core aspects of accounting and finance is a vital part of the required knowledge and skills for students who are either prospective managers or who may be considering working within the business and management disciplines in the future.

The course content is designed under 04 lessons which helps you understand the fundamentals of Financial Accounting and Reporting, Cost and Management Accounting and budgeting.

You are not required to demonstrate previous experience or knowledge to succeed in this course. As future decision makers it is important to work on novel and hypothetical scenarios and know the required tools and theories to identify and analyse the dynamic global accounting and finance environment. Such frames the overall aim of this course.

However, remember to build dialogue with your online class mates and share your ideas and understanding of each of the lessons and topics. And please also ensure that each week you complete the assigned tasks and activities to reap the full benefit of this course.

Finally, the summative assessment will consolidate your learning over the 04 weeks which requires you to answer six questions covering the key learning outcomes of this course. The assessment comprises with 02 tasks and you are required to submit a report worth 2,000 words answering all six questions.


Learning Outcomes
  • Understand the relationship of IT to accounting and finance, the financial and non-financial objectives, and the main stakeholder groups of an organisation
  • Preparation and presentation of key financial statements, how to analysis and interpretation them
  • Understand the different types of cost behaviours, various techniques of costing and how they aid the decision making process of a business
  • Understand the different approaches and types of budgeting and the relationship between the variances and budgeting in an organisation

How it works

Week One


Financial Accounting and Reporting -1


Week Two


Financial Accounting and Reporting -2


Week Three


Cost and Management Accounting


Week Four




Your free course tutor

Chrishanthi Ranaweera

The course leader at LSM, Chrishanthi Ranaweera is a double masters holder as she possesses a Professional Postgraduate Diploma in Marketing from CIM, UK and is a Chartered Management Accountant of CIMA, UK. She is currently a doctoral candidate and has hands on experience in lecturing, tutoring and supervising over 2000 students for the past eight years.