CE1361: Managing Finance I
School | Continuing and Professional Education |
Department Code | LEARN |
Module Code | CE1361 |
External Subject Code | 100832 |
Number of Credits | 10 |
Level | L4 |
Language of Delivery | English |
Module Leader | Ms Janet Stephens |
Semester | Autumn Semester |
Academic Year | 2013/4 |
Outline Description of Module
To provide an introductory understanding of the principles and processes of financial management.
On completion of the module a student should be able to
Students will have a knowledge of:
The composition of financial statements; financial analysis; the appraisal of business activity and efficiency; including budgetary control, business plans, and capital investment projects.
1.Students will have an understanding and appreciation of the signals, which are evident in financial statements, all of which are a reflection/outcome of the effectiveness of financial management.
2. Students will be able to understand some basic financial methods.
How the module will be delivered
Lectures and small group work.
Class exercises completed as guidance and preparation for assessment.
20 contact hours
Skills that will be practised and developed
- Read a balance sheet
- Understand cash flow and profit and loss statements
- Develop and manage budgets
Demonstrate appropriate study skills.
How the module will be assessed
In-course assessment.
Coursework: Three written answers to exercise tests, designed to assess the students’ knowledge of the subjects covered
Assessment Breakdown
Type | % | Title | Duration(hrs) |
---|---|---|---|
Written Assessment | 100 | Coursework | N/A |
Syllabus content
Book-keeping
Book-keeping and trial balanace
Asset valuations, accruals and prepayments
Project accounting and HP/Learing
Profit and loss, balance sheet and ratios
Budgets
Profit plans
Cash flow projections
Essential Reading and Resource List
1. Martindale, G (1985) Consolidated Accounts Juris Publications Ltd.
2. Swinson, C. (1993) Group Accounting Butterworths
3. Pendlebury,M. and Groves, R.(1999) Company Accpimts, Analysis, Interpretations and Understanding
4. Attrill, P.Harvey, D. and McLaney, E. (1994) Accounting for Business Butterworth Heinemann
5. Glautier, M.W.E. and Underwood, B. (1988) Cost Accounting Pitman
6. Thomas, A. (1995) Introduction to Financial Accounting Mgaraw Hill Publishing Co.
7. Barrow, C. (2001) Financial Management for Small Business Kogan Page
8. Hussey,J. and Hussey, R.(1999) Business Accounting Macmillan Press Ltd.
9. Burrow, P.(2001) The Best-Laid Business Plans- How to write them, how to pitch then Virgin Business Guides, published by Mackays of Catham plc
10 Burns,P.(2001) Entrepreneurship and Small Business Chippenham, Anthony Rowe Ltd.