Module: Business Finance

Module details

  • Module code

    1033

  • Module leader

    Fawaz Khaled

  • Module Level

    4

  • Module credits

    15

  • Min study time

    150 hours

  • Contact hrs

    36 hours

Module content

The module will include:

  • Accounting concepts and accounting systems;
  • Company accounts, users of accounts and the limitations of accounts;
  • Cash Flow;
  • Profit and Loss;
  • Balance Sheet;
  • Introduction to UK Tax practices (NI/VAT/Corporation Tax);
  • Break-even; and
  • Capital Investment and Investment Appraisal (Payback, ARR, NPV).
  • Ratio Analysis: Profitability, Liquidity, Debt and Financial Efficiency.
  • Financial measurement of consumption and production patterns within a business.

Module outcomes

On successful completion of this module a student should be able to:

  1. Describe basic financial and accounting conventions;
  2. Identify financial statements and their application;
  3. Prepare financial statements (cash flow, P&L and balance sheet); and
  4. Analyse information from financial statements.

Assessment

Assessment Description Weighting
Coursework 1 Essay on Financial and Accounting conventions (500 Words) 20%
Coursework 2 Portfolio of tasks developing financial statements (cash flow, P&L and balance sheet) (2500 Words) 80%

Assessments may differ in 2020/21 due to adjustments for Covid-19. Please check Gateway for the latest regulations.

Key texts

  • Atrill, P., & McLaney, E. (2015). Accounting and finance for non-specialists. (9th ed.). Harlow: Pearson Education.
  • Dyson, J., & Franklin, E. (2017). Accounting for non-accounting students. (9th ed.). Harlow: Pearson.

Additional reading:

  • Drury, C. (2018). Management and cost accounting (10th ed.). Cengage.
  • Weetman, P. (2016). Financial and Management Accounting: An Introduction. (7th ed.). Pearson.