Course Details in 2023/24 Session

Module Title	Accounting and Finance
School	Educational Enterprise
Department	Wiley
Module Code	07 28064
Module Lead	Jo Watkins
Level	Masters Level
Credits	10
Semester	Semester 2
Pre-requisites
Co-requisites
Restrictions	None
Exclusions
Description	All managers, whatever their specialisation have to interpret and apply financial information in their decision making. This requirement does not mean that all managers have to become accountants, but it does mean that managers have to understand the vernacular of accounting and financial management. Managers cannot discuss the cost and finance implications of activity without an appreciation of the processes, information sources, and methods of presentation of financial information. Managers cannot direct accountants unless they know what to ask for. In essence, the module aims to give students an appreciation of the perspective and tools available to accounting and finance professionals, and perhaps most importantly the limitations and caveats to the financial information that they can provide.
Learning Outcomes	By the end of the module students should be able to: Explain the role of finance and accounting personal in providing information to managers. Interpret and critically appraise the main financial statements: the profit and loss account, the balance sheet and a cash flow statementCritically evaluate the impact of cash-flow and it’s management. Analyse the principles and methods of costing, and how cost information can be used to support decision making. Demonstrate comprehensive knowledge and understanding of the main sources of finance for an organisation. Critically appraise the role of shareholders.
Assessment	28064-02 : Final assessment: financial analysis : Coursework (60%) 28064-04 : Group presentation : Coursework (10%) 28064-05 : Individual Assignment : Coursework (15%) 28064-06 : Group Assignment : Coursework (15%)
Assessment Methods & Exceptions	Coursework: 2 x Assessed 500 word case study exercises: 15% each, and 1 x group presentation 10% - 40% in total. Individual assignment (2000 words in total) - 60% Reassessment: Individual assignment (2000 words) (100%)
Other	None
Reading List