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 | 2020/1 |
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
- 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.
- 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:
- Carry out financial analyses of trading results and of the state of affairs of the business.
- Carry out product profitability tests and capital investment appraisals.
- Prepare and implement budgetary controls.
- Prepare basic consolidations of financial statements.
- Establish control procedures for sales, production, cash etc.
- Demonstrate appropriate study skills.
- 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: |
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 | Course Work | 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