The module will include:
- The role of the finance function in business;
- A review of managerial accounting concepts;
- Financial planning and projected financial statements;
- Analysis and interpretation of financial statements;
- Capital investment appraisal: techniques and issues;
- Risk, return and capital investment appraisal;
- Sources of finance and financial markets;
- The cost of capital and the capital structure decision; and
- The management of working capital.
On successful completion of this module a student should be able to:
- Explain the role of the finance function within a business and its relationship with the corporate planning process;
- Demonstrate the ability to apply basic management accounting skills;
- Analyse and interpret financial statements from the perspective of corporate governance, financial management and external users;
- Estimate the financial needs of a business, identify and select from alternative sources of finance and provide a rationale for the choice; and
- Appraise capital investment projects and select suitable projects in the context of financial constraints, risk factors and company objectives.
|Coursework||Report on corporate financial planning (1000 words)||40%|
|Examination||(Timed assessment) analysing a financial case study (2 hours)||60%|
Assessments may differ in 2020/21 due to adjustments for Covid-19. Please check Gateway for the latest regulations.
- 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.
- Collis, J., Holt, A., & Hussey, R. (2017). Business accounting (3rd ed.). Palgrave.
- Horner, D. (2017). Accounting for Non-Accountants. (11th ed.). Kogan Page.
- McLaney, E. (2017). Business Finance: Theory and Practice. (11th ed.). Pearson Education.