Accounting Bissim is a highly engaging learning experience. It provides a realistic but safe environment to support both general (e.g. at MBA-level) or more specialist courses and can address the following learning activities:
Interpreting key financial statements
Applying financial accounting treatments including accruals, prepayments, provisions, capex, depreciation and accounting for R&D
Calculating and interpreting financial metrics and ratios
Preparing a statement of cash flows
Applying relevant cost analysis, cost volume profit analysis, budgeting, variance analysis, costing and key performance indicators etc.
Applying financing decisions, managing working capital, evaluating capital expenditure opportunities, business valuation etc.
As every team’s results are unique, it can be a basis for coursework assignments and re-used with different cohorts. In addition, it can be easily tailored to suit course requirements.