Module: Financial Management

Module details

  • Module code

  • Module leader

  • Module Level

  • Module credits

  • Min study time

    150 hours
  • Contact hrs

    30 hours

Module content

Detailed examination of company accounts.  Interpretation of company accounts using ratio analysis.  Management of the working capital cycle.

Evaluate the differences between financial and management accounts.  Cost classification, introduction to absorption and marginal costing.  Contribution analysis. The budgetary process including the projection of final accounts and cash forecasting.  Sources of finance.  Capital Investment appraisal.  Using financial analysis techniques to formulate a business plan. 

Module outcomes

To achieve credit for this module, students must be able to:

  1. Construct the final accounts of a range of limited companies and analyse their strengths and weakness through ratio analysis
  2. Recognise the major issues involved in the management of the working capital cycle of different enterprises.
  3. Identify the major sources of finance available to organisations and assess their suitability for the purchase of different categories of assets.
  4. Appreciate the contribution of financial techniques to the preparation of a business plan.
  5. Use management accounting techniques to aid decision-making.


Assessment Description Weighting
Coursework Group Project Report and group presentation 50%
Examination Multiple choice examination (2 hours) 50%

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

Key texts

Students should be familiar with the content of at least one of the following:

  • Atrill, P. and McLaney, E. (2013) Accounting and Finance for Non-Specialists (8th Ed.) Pearson Ed.
  • Seal, W., Garrison, R.  and Noreen, E. (2013) Management Accounting, (4th edition), London:McGrawHill.

Supporting texts