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ACCT2121: Business Strategy and Technology for Accountants
Aims
- To provide students with an understanding of how an accountant interacts with an organisation when developing and implementing strategy, including any ethical implications.
Content
- Strategic analysis of an organisation’s current strategic direction, including objectives, technology developments and market position
- Strategic choices available to an organisation
- How organisations choose between competing strategies to meet the objectives of an organisation
- Implementation and monitoring of strategies and strategic performance, including strategies for innovation and technology
- Ensuring that ethics, sustainability and the interests of all stakeholder groups are considered in an organisation's strategy
Learning Outcomes
Subject-specific Knowledge:
- On completion of this module students should:
- Be able to identify an organisations current objectives, technology developments and market position
- Have an awareness of the strategic choices available to an organisation
- Have knowledge of appropriate methods of implementing strategies, and the ways in which management information can be used to measure and monitor strategic performance
- Understand the impact of ethics and sustainability on business strategy
Subject-specific Skills:
- On completion of this module students should be able to:
- Analyse the consequences of an organisation's current strategic direction, including objectives, market position, and technology developments;
- Use data to evaluate the likely consequences of strategic choices and technology developments, and recommend strategies to meet the objectives of an organisation;
- Recommend appropriate methods for an organisation to implement and monitor strategies, including responses to technology developments, and demonstrate how data can subsequently be used to measure and monitor strategic performance.
Key Skills:
- Critical thinking and creativity
- Communicate effectively
- Apply strategic evaluation skills
- Assess innovation and technology developments
Modes of Teaching, Learning and Assessment and how these contribute to the learning outcomes of the module
- Learning will be based on knowledge transfer from workshops and independent study; investigation of cases and real world organisations will underpin the workshops.
- Workshop activities and discussions will provide the awareness of the main business strategies and choices.
- Formative assessment will provide feedback to students regarding their understanding of the main concepts and strategic decisions.
- The summative timed invigilated examination tests students’ understanding of the main strategic concepts and choices through comprehensive and critical review and reflection on learning.
Teaching Methods and Learning Hours
| Activity | Number | Frequency | Duration | Total/Hours | |
|---|---|---|---|---|---|
| Workshops | 20 | 2 per week | 2 hours | 40 | ■ |
| Revision Webinar | 1 | Once | 2 hours | 2 | |
| Preparation, Reading and Independent Study | 158 | ||||
| Total | 200 |
Summative Assessment
| Component: Examination | Component Weighting: 100% | ||
|---|---|---|---|
| Element | Length / duration | Element Weighting | Resit Opportunity |
| In-person Written Examination | 2 hours 30mins | 100% | Same |
Formative Assessment:
Mock exam