Accounting is the language of business. We'll give you a solid foundation in the essential aspects of accounting and financial management, whether you have no experience or limited prior experience of business. You'll get an introduction to the key areas of financial accounting, management accounting and financial management with a focus on issues of particular relevance to managers in health care management.
You’ll gain the skills needed to draw up financial statements, explore how to read and analyse financial statements, prepare financial plans, perform variance analysis, and understand the uses of financial information in decision-making. Finally, you’ll explore how accounting and financial management information is used in capital investment decision-making for businesses and society.
You’ll draw on and enhance graduate attributes of planning, communication, literacy and analysis, while developing your confidence and expanding your intellectual ability through constructing arguments. Finally, you’ll research, synthesise and apply financial knowledge to real and practical examples, understanding the role and importance of accounting and financial management within the general business context.
Total contact hours: 25
Private study hours: 125
Total study hours: 150
Main assessment methods
Individual report (2000 words) (40%)
Examination, 2 hour (60%)
Reassessment Method:
100% Exam
Atrill, P. and McLaney, E. (2014) Accounting and Finance for Non-Specialists, 9th edn. Harlow, United Kingdom: Pearson Education.
Atrill, P. and McLaney, E. (2014) Accounting and Finance for Non-Specialists, 9th edn. Harlow, United Kingdom: Pearson Education.
Collier, P.M. (2012). Accounting for managers: Interpreting accounting information for decision making. 4th edn. United States: Wiley, John & Sons.
McLaney, E. (2014) Business finance: Theory and practice. 10th edn. Harlow, United Kingdom: Pearson Education.
Palepu, K.G., Healey, P.M. and Peek, E. (2016) Business Analysis and Valuation: IFRS Edition, (4th Edition), Hampshire: Cengage Learning EMEA.
See the library reading list for this module (Medway)
The intended subject specific learning outcomes.
On successfully completing the module students will be able to:
1 Demonstrate advanced understanding and critical awareness of accounting principles and apply these to complex accounting issues.
2 Demonstrate an ability to analyse critically and interpret financial reports.
3 Demonstrate an advanced understanding and critical awareness of well-established concepts, principles, and theories that underlie financial management decisions.
4 Apply relevant knowledge and judgment in structuring, developing, and defending complex arguments/problems in the context of financial management, such as dealing with investment and financing decisions.
The intended generic learning outcomes.
On successfully completing the module students will be able to:
1 Analyse complex business situations by synthesising a variety of sources and pitch solutions.
2 Demonstrate an ability to critically apply quantitative, problem solving, and decision making tools
3 Effectively present information and formulate and deliver logical and precise arguments.
4 Research, plan and work independently.
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