The module aims to cover key accounting and financial management aspects of a business. The module begins by learning about the use of accounting principles in measuring and reporting financial position of a business for external stakeholders. It then moves on to analysing and interpreting financial reports for decision making. Under the financial management aspect, the module covers key capital investment decision making techniques such as NPV and IRR. Finally, the major aspects related to long term financing decisions such as sources of long term finance, capital structure, and costs of debt, equity and capital are covered.
Total contact hours: 25
Private study hours: 125
Total study hours: 150
Main assessment methods
Individual report (2000 words) (40%)
Examination, 2 hour (60%)
Reassessment Method:
100% Exam
Atrill, P. and McLaney, E. (2014) Accounting and Finance for Non-Specialists, 9th edn. Harlow, United Kingdom: Pearson Education.
Atrill, P. and McLaney, E. (2014) Accounting and Finance for Non-Specialists, 9th edn. Harlow, United Kingdom: Pearson Education.
Collier, P.M. (2012). Accounting for managers: Interpreting accounting information for decision making. 4th edn. United States: Wiley, John & Sons.
McLaney, E. (2014) Business finance: Theory and practice. 10th edn. Harlow, United Kingdom: Pearson Education.
Palepu, K.G., Healey, P.M. and Peek, E. (2016) Business Analysis and Valuation: IFRS Edition, (4th Edition), Hampshire: Cengage Learning EMEA.
See the library reading list for this module (Medway)
The intended subject specific learning outcomes.
On successfully completing the module students will be able to:
1 Demonstrate advanced understanding and critical awareness of accounting principles and apply these to complex accounting issues.
2 Demonstrate an ability to analyse critically and interpret financial reports.
3 Demonstrate an advanced understanding and critical awareness of well-established concepts, principles, and theories that underlie financial management decisions.
4 Apply relevant knowledge and judgment in structuring, developing, and defending complex arguments/problems in the context of financial management, such as dealing with investment and financing decisions.
The intended generic learning outcomes.
On successfully completing the module students will be able to:
1 Analyse complex business situations by synthesising a variety of sources and pitch solutions.
2 Demonstrate an ability to critically apply quantitative, problem solving, and decision making tools
3 Effectively present information and formulate and deliver logical and precise arguments.
4 Research, plan and work independently.
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