Module content
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.
Module outcomes
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.
Assessment
| Assessment | Description | Weighting |
|---|---|---|
| Coursework | Report on corporate financial planning (1000 words) | 40% |
| Examination | (Timed assessment) analysing a financial case study (2 hours) | 60% |
Assessments may differ in 2021/22 due to adjustments for Covid-19. Please check Gateway for the latest regulations.
Supporting texts