| University | Qualifi Ltd |
|---|---|
| Subject | AF403 Mathematical Accounting Methods (T/650/2372) |
AF403 Assignment Brief
| Qualification | QUALIFI Level 4 Diploma in Accounting and Finance (610/0796/1) |
|---|---|
| Unit Code | AF403 |
| Unit Title | Mathematical Accounting Methods |
| Unit Reference | T/650/2372 |
| Credits | 20 |
| TQT | 200 |
| GLH | 120 |
Assignment Aim
The aim of the unit is to develop learners’ knowledge and skills in using mathematical accounting methods (also known as quantitative methods), including representing financial information to inform organisational decision-making and using statistical methods to provide meaningful financial and accounting information.
Learning Outcomes and Assignment Criteria
| Learning Outcomes
When awarded credit for this unit, a learner will: |
Assessment Criteria
Assessment of this learning outcome will require a learner to demonstrate that they can: |
| 1. Be able to use mathematical techniques in accounting. | 1.1 Solve equations using mathematical techniques, roots or logarithms. |
| 1.2 Determine the equation of a straight line. | |
| 2. Be able to create and use graphs, charts and diagrams of financial information to inform organisational decision-making. | 2.1 Create charts and diagrams and plot graphs from accounting data to illustrate financial situations. |
| 2.2 Interpret mathematical graphs of accounting data accurately. | |
| 3. Be able to apply statistical methods to provide financial and accounting information. | 3.1 Explain the difference between quantitative and qualitative data. |
| 3.2 Clearly and accurately represent and interpret business data to provide financial information. | |
| 3.3 Clearly and accurately apply and interpret statistics analysis to provide financial information. |
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