Fundamentals of Accounting and Financial Decision Making - BUSN5027

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Module delivery information

Location Term Level1 Credits (ECTS)2 Current Convenor3 2024 to 2025
Canterbury
Spring Term 5 15 (7.5) Ashley Casson checkmark-circle

Overview

We know you've made the decision to launch your own business or become a leader in business globally. That’s the first decision you’ll need to make, we’re here to help you make all the others down the road. You’ll explore the fundamentals of business and how accounting underpins it. There's a strong focus on what we can learn from financial information, and how we can use this information to make sound, ethical business decisions. Through learning accounting, you'll be able to speak the language of business, and have confidence in your own decision-making to bring success to your own business, or the one you work in.

Details

Contact hours

Private study hours: 117
Total contact hours: 33
Total study hours: 150

Method of assessment

Main assessment methods (100% coursework):
VLE Multiple-choice Test (20%)
Individual Financial Analysis Exercise (3000 Words) (80%)

Reassessment methods
100% Coursework

Indicative reading

Learning outcomes

The intended subject specific learning outcomes.
On successfully completing the module students will be able to:
1. understand the link between accounting and business activities for a variety of organisations.
2. critically evaluate the role and limitations of financial reporting in providing useful information to decision makers.
3. understand financial terminology and financial statements to enable effective business decisions.
4. understand and be able to apply knowledge of UK tax systems in context common to business owners and managers.

The intended generic learning outcomes.
On successfully completing the module students will be able to:
1. plan work, manage time and study independently.
2. demonstrate the ability to communicate effectively to a variety of audiences and/or using a variety of methods about management and accounting issues
3. apply quantitative techniques to solve problems within a financial context.

Notes

  1. Credit level 5. Intermediate level module usually taken in Stage 2 of an undergraduate degree.
  2. ECTS credits are recognised throughout the EU and allow you to transfer credit easily from one university to another.
  3. The named convenor is the convenor for the current academic session.
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