IB BUSINESS MANAGEMENT:
UNIT 3 – FINANCE AND ACCOUNTS
Finance and Accounts in IB Business Management is one of the five core topics and is assessed in both Paper 1 and Paper 2 SL and HL examinations. Finance is the management of money, credit, banking and investments. Accounting is the preparation of business accounts such as the profit and loss account and an organisation's balance sheet.
Key learning outcomes:
The IB Business Management Accounts and Finance unit covers the following topics:
Enron: an introduction to accounts and finance
Before Lehman Brothers sank link a stone and heralded the start of the Great Financial Crisis, ENRON was the prime example of financial and accounting mismanagement, leading to what was then the largest corporate bankruptcy in the history of corporations.
The documentary is a fascinating introduction to the world of accounts and finance, enjoy!
Finance and accounts
The IB Business Management course Finance and Accounts topic aims to give the student a good overview of: