See module specification for other years:
2022-232024-25
Module summary
This module is aimed at equipping non-financial managers with the core tools and techniques to be able to interpret financial statements of a business and make investment and funding decisions. For students specialising in finance the module also provides a platform from which to build.
Module will run
Occurrence
Teaching period
A
Online Teaching Period 4 2023-24
Module aims
This module is aimed at equipping non-financial managers with the core tools and techniques to be able to interpret financial statements of a business and make investment and funding decisions. For students specialising in finance the module also provides a platform from which to build.
Module learning outcomes
Academic and graduate skills
Successful completion of the module will demonstrate that students are able to:-
Analyse the financial performance of an organisation using appropriate financial tools
Evaluate alternative sources of finance available to organisations
Be able to use a range of financial investment appraisal techniques to support investment decisions undertaken by businesses
Critically evaluate the usefulness of financial information when making financial decisions
Explain the budgeting process and the interlinking of the various budgets within the business;
Module content
Subject content
Define a budget and show how budgets, strategic objectives and strategic plans are related;
The regulatory and conceptual framework of financial reporting including the ethical responsibilities of companies and investors
Financial analysis techniques including the use of ratio analysis to interpret financial statements
Objectives in financial management: stewardship and accountability
Strategic sources of finance available to organisations
Capital investment appraisal – theory and practice
Indicative assessment
Task
% of module mark
Online Exam - 24 hrs (Centrally scheduled)
60
Open Exam (2 days)
40
Special assessment rules
None
Indicative reassessment
Task
% of module mark
Online Exam - 24 hrs (Centrally scheduled)
100
Module feedback
Students will receive regular feedback on formative weekly activities and on the formative assessment. They will also receive a feedback sheet with detailed comments on the summative assessment explaining how they performed in relation to the assessment criteria. Turnaround time for summative assessment is 4 weeks. At the end of term, the module leader will develop a report about the module and the students’ performance which, once approved by the Board of Exams, will be uploaded onto VLE and made accessible to students.
Indicative reading
McLaney and Atrill (2016). Accounting and Finance an Introduction, 8th edition, Pearson Education Limited.