ACC-40003 - Module Specification
Keele Business School
Faculty of Humanities and Social Sciences

Programme/Approved Electives for 2024/25

Available as a Free Standing Elective

Co-requisites

None

Prerequisites

None

Barred Combinations

N/A

Description for 2024/25

The module introduces key concepts and techniques in Financial Accounting, Management Accounting, and Financial Management. The module will familiarize students with the structure of company accounts and demonstrate the procedures and techniques used in assessing that information for managers. The module will further explain how use of structured accounting information can enhance decision-making within a company in relation to operation and organisation, costing and new project evaluation, financing, and strategic development.

Develop an understanding of Financial Accounting, Management Accounting and Financial Management. Develop an understanding of the financial aspects of managerial decision making.

Intended Learning Outcomes

Critically explain the nature and roles of accounting, demonstrating the difference between financial and management accounting and their role in decision making: 1,2
Analyse the main financial statements, demonstrating a recognition of the regulatory and governance frameworks of financial reporting: 1,2
Demonstrate knowledge of managerial and financial decision making techniques broadly related to managers: 1,2
Critically evaluate the main sources of finance available to a business and reflect on short-term and long-term decision making of managers
: 1,2
Use the methods and tools presented in the course of the module for making capital investment decisions: 2
Identify the main users of financial and management information and evaluate their needs for decision making: 2

Study hours

Lectures 18 hours
Tutorials 6 hours
Private study 122 hours
Mid-term assessment 2 hours
Final examination 2 hours
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School Rules

None

Description of Module Assessment