The aim of this unit is to develop the financial management skills of those who manage or seek to provide information for performance management, continuous improvement, budgetary and financial control and the management of internal risk in small and medium enterprises (SMEs) and small and medium practices (SMPs).

Learners will be able to use analytical tools to evaluate performance and to make recommendations about continuous improvement in an organisation. They will also be able to use techniques to implement budgetary and financial control and evaluate and manage internal risk.