Financial and Management Accounting - CB937

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Module delivery information

Location Term Level1 Credits (ECTS)2 Current Convenor3 2020 to 2021
(version 2)
Autumn 7 15 (7.5) PROF W Funnell checkmark-circle


The module content is as follows
- The nature and purpose of accounting and its management interface
- Concepts underpinning accounting systems and financial statements
- The construction of the primary financial statements and their interpretation and evaluation
- The regulatory framework of financial reporting
- Corporate governance
- The cash cycle and its management.
- Classification and behaviour of costs
- Short-term decision techniques
- Costing systems and costing for overhead expenditure
- Budgeting and the budgetary process
- Accounting control information
- Investment appraisal
- Responsibility accounting systems and performance appraisal measures, including the Balanced score card.


This module appears in the following module collections.

Contact hours

Total contact hours: 24
Private study hours: 126
Total study hours: 150

Method of assessment

Main assessment methods
Individual Financial Statement Analysis (1500 words) (70%)
The Balanced Scorecard – Group report (3000 words) and individual reflective account (300 words) (30%).

Reassessment method:
100% coursework

Indicative reading

Atrill, P. and McLaney, E., Accounting and Finance for Non-Specialists (6th Ed 2010), FT Prentice Hall

Collier, P. M., Accounting for Managers (3rd Ed 2009) Wiley Publishing

See the library reading list for this module (Canterbury)

Learning outcomes

The intended subject specific learning outcomes.
On successfully completing the module students will be able to:
- Demonstrate an in-depth understanding of the link between business and accounting and the principles upon which accounting is based
- Critically evaluate the relationship of financial reporting to the management process
- Understand the role, relevance and responsibilities of the various parties in the corporate governance process
- Analyse and critically evaluate, corporate financial statements and the management of the cash cycle
- Demonstrate an in-depth understanding of the differences between financial accounting and management accounting
- Demonstrate a systematic understanding of relevant costs and benefits for decisions (both short and long term)
- Demonstrate an in-depth understanding of the budgetary process and its managerial role

The intended generic learning outcomes.
On successfully completing the module students will be able to:
- Select, organise, develop and synthesis complex material
- Plan, work and study independently
- Communicate effectively both orally and in writing
- Undertake research tasks with the minimum of guidance
- Work effectively with others


  1. Credit level 7. Undergraduate or postgraduate masters level module.
  2. ECTS credits are recognised throughout the EU and allow you to transfer credit easily from one university to another.
  3. The named convenor is the convenor for the current academic session.
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