Module Overview

This module introduces students to the main principles of accounting and finance and demonstrates the importance of these to management decision making

Module content

Indicative content includes:

• Measuring and reporting financial position


• Measuring and reporting financial performance


• Accounting for limited companies


• Measuring and reporting cash flows


• Analysing and interpreting financial statements


• Cost volume profit analysis and full costing


• Budgeting


• Making capital investment decisions


• Financing a business


• Managing working capital

Assessment pattern

Assessment Strategy

The assessment strategy is designed to provide students with the opportunity to demonstrate their understanding using the following:

A test to demonstrate their understanding of the core areas of accounting and finance, this will also help them to assess how much work they may need to undertake in order to be ready for the final exam. 

The examination consists of three compulsory questions, which will cover the range of learning outcomes described within the course content. Students are required to answer all three questions. All questions require the student to display depth of knowledge by critical writing as well as showing competence in computational skills. Core formulae are provided.

Formative assessment and feedback
• Students will receive individual feedback during the module from the tutor.

Module aims

• Encourage the ability to think across management disciplines and to appreciate the significance of fiscal implications of decisions
• Provide the conceptual foundations for understanding, analysing and interpreting financial information
• Enable students to apply accounting principles to decision making in modern business organisations

Learning outcomes

Attributes Developed

C - Cognitive/analytical

K - Subject knowledge

T - Transferable skills

P - Professional/Practical skills

Methods of Teaching / Learning

The teaching and learning methods include the weekly one-hour lecture and two-hour seminars to illustrate the theory and allow the student to practice the practical application of such theory with a range of weekly seminar questions.  Lecture material will be supported by directed reading and weekly homework exercises will be set to test students’ understanding on an ongoing basis.  Surrey – Learn will be used as an information portal and will contain lecture notes, practical exercises, and model answers plus past exam papers and model answers.
The learning and teaching methods include:

• Captured content


• Seminars


• Revision Lecture

Indicated Lecture Hours (which may also include seminars, tutorials, workshops and other contact time) are approximate and may include in-class tests where one or more of these are an assessment on the module. In-class tests are scheduled/organised separately to taught content and will be published on to student personal timetables, where they apply to taken modules, as soon as they are finalised by central administration. This will usually be after the initial publication of the teaching timetable for the relevant semester.

Reading list

https://readinglists.surrey.ac.uk
Upon accessing the reading list, please search for the module using the module code: MANM297