Module title: Accounting and Financial Management

SCQF level: 08:
SCQF credit value: 20.00
ECTS credit value: 10

Module code: ACC08901
Module leader: Fawad Khaleel
School The Business School
Subject area group: Accountancy Finance and Law
Prerequisites

N/A

2018/9, Trimester 1, Face-to-Face,
Occurrence: 001
Primary mode of delivery: Face-to-Face
Location of delivery: HONG KONG
Partner:
Member of staff responsible for delivering module: Fawad Khaleel
Module Organiser:


Learning, Teaching and Assessment (LTA) Approach:
This module will have a relatively high degree of class contact to ensure that the necessary foundations for future modules are put in place. Whilst teaching will follow a traditional model of lectures followed by tutorials, teaching will be supported by Moodle, including computer-based assessment, to enhance and support learning. A study pack will be supplied detailing topic areas with reading references and tutorial questions. Lecture slides and additional material will be available on Moodle.
Students will study theoretical underpinnings of the topic, recognising real-life applications. Students will develop critical thinking skills by using problem solving techniques. Assessments allow students to apply themselves in an individual and team working scenario in tutorials, facilitating the development of well-rounded students.
Coursework is split into a three-teir portfolio and an online objective test. The portfolio will consider the three strands of the module: management accounting, financial accounting and financial management. The objective test contains 28 questions; students will be allowed three attempts with the best score contributing to the mark. The three attempts will still be pragamatic because the system creates new figures for calculation questions each time they are attempted.
Accounting regulation continues to evolve and module content will be revised accordingly. Assessments will be a good opportunity for real life scenarios to be critically analysed by the students. Accounting is relevant to all types of organisation, in the developed and the developing world, since they require accounting information to enable them to operate effectively and efficiently. Examples will be placed in a range of contexts to emphasise the international nature of this subject.


Formative Assessment:
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Summative Assessment:
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Student Activity (Notional Equivalent Study Hours (NESH))
Mode of activityLearning & Teaching ActivityNESH (Study Hours)
Face To Face Lecture 21
Face To Face Groupwork (Scheduled) 20
Independent Learning Guided independent study 159
Total Study Hours200
Expected Total Study Hours for Module200


Assessment
Type of Assessment Weighting % LOs covered Week due Length in Hours/Words
Digital Examination (not Centrally Timetabled) 10 2 6 HOURS= 1, WORDS= 0
Portfolio 90 All 13 HOURS= 0, WORDS= 3000
Component 1 subtotal: 100
Component 2 subtotal: 0
Module subtotal: 100

Description of module content:

Students will be introduced to the theory and practice of management accounting, financial accounting and financial management. This will provide a foundation for future studies of accounting and financial management.
Module content includes: Comparison of management and financial accounting, along with costing, variance analysis and CVP analysis. The context and purpose of financial reporting, the use of double entry system, recording transactions and events and the preparation of basic financial statements. Investment appraisal, working capital management, tactical decision making and cost estimation.

Learning Outcomes for module:

LO1: Compare and contrast management and financial accounting
LO2: Apply and discuss management accounting techniques: marginal and absorption costing; standard costing; variance analysis; CVP analysis
LO3: Analyse and discuss the needs of different user groups of financial information
LO4: Produce financial statements from an adjusted trial balance
LO5: Understand the Time Value of Money and analyse a range of investment appraisal techniques
LO6: Evaluate capital structure decisions from theoretical and practical perspectives.

Indicative References and Reading List - URL:

Please contact your Module Leader for details
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