FINANCIAL MANAGEMENT

This module basically introduce us to accounting. We are also able to identify the practices of financial management and systems for different projects. We also learnt on implementing the accountancy principals for company's finance and accounts by understanding the practices of financial management in construction industry.

For the assignment fo this module, we are divided and each groups consists of six people. The task given was to analyze financial ratios for Mah Sing Group. It was quite tough for me because I have not learnt much about accounting and the information needed to complete the financial ratios was not provided in the annual reports. However, through the help and discussion with my group mates and the guidance of my lecturer, Ms Tay Shir Men, I was able to accomplish the task in the given period. She was a good and patient lecturer which taught us on every details and problems we faced.

From this module, we have learnt to analyze the financial annual report of the company and able to understand the overall performance of the business or projects through assignments and lectures provided. We have developed some problem solving skill as a team as well as individually as we need to try to solve the problems that we encounter in the midst of doing the assignment. In conclusion, I have gained more knowledge and understand more on the principles of accounting which is quite an advantage for me as Quantity Surveyor in future.