CE2861: Managing Finance II

School Continuing and Professional Education
Department Code LEARN
Module Code CE2861
External Subject Code 100832
Number of Credits 10
Level L4
Language of Delivery English
Module Leader Ms Janet Stephens
Semester Spring Semester
Academic Year 2015/6

Outline Description of Module

The course provides a further study of financial statements, planning and control, and other financial management techniques. METHOD OF TEACHING - weekly 2 hour lectures (20 contact hours) METHOD OF ASSESSMENT - continuous assessment - 3 accounting assignments

On completion of the module a student should be able to

Students will have a better 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.

How the module will be delivered

Oral delivery and written delivery using whiteboards and overhead slides.  Handouts, out of class activities for student preparation and completion, indicative text book reading.

20 contact hours

Skills that will be practised and developed

  1. Students will have a better 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 financial methods  which are used in assessing profitability and in capital investment appraisals.  They will also understand cash flow, budgetary control, and the composition of consolidated financial statements.

By the end of the course students will be able to: 

  1. Carry out financial analyses of trading results and of the state of affairs of the business.
  2. Carry out product profitability tests and capital investment appraisals.
  3. Prepare and implement budgetary controls.
  4. Prepare basic consolidations of financial statements.
  5. Establish control procedures for sales, production, cash etc.
  6. Demonstrate appropriate study skills.
  7. Understand break-even analysis.

How the module will be assessed

Written Examination: Percentage Contribution to the Module Assessment:

 

%

In-course Assessment: Percentage Contribution to the Module Assessment:

100

%

                        Coursework:
                       
(e.g. one or more essay))

Three written answers to exercise test, designed to test the students’ knowledge of the subjects covered.

Assessment Breakdown

Type % Title Duration(hrs)
Written Assessment 100 Coursework N/A

Syllabus content

The course provides a further study of financial statements, planning and control and other financial management techniques.

Essential Reading and Resource List

Please see Background Reading List for an indicative list.

Background 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 them Virgin Business Guides,           published by Mackays of Catham plc

10. Burns, P (2001) Entrepreneurship and Small Business Chippenham, Anthony Rowe Ltd


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