This subject examines the various analytical techniques used in capital budgeting decisions and the capital structure decisions. Capital structure, estimation of cost of capital and the dividend decisions are examined from an empirical and theoretical viewpoint. Other topics include the dividend decisions and the relationship between financing decisions and the cost of capital.

Action Learning. Learning is achieved by engaging students in activities that have elements of problem solving combined with intentional learning.

Authentic Learning. Students will be presented with activities that are framed around "real life" contexts in which students will find learning more meaningful and motivating. Thus they will be more engaged in the process of acquiring knowledge.

Assessment strategy will be both formative and summative. Formative assessment strategies are used to test the current level of understanding and progress and to provide feedback to teacher and learner and to guide the next phase of learning. Types of formative assessments for this course will be discussions on tutorial questions, short quizzes and assignments. Summative assessment is used both in the mid and at the end of the programme formally to assess a learner’s skill, knowledge and understanding gained in this course.

For this module formative assessment will be undertaken through regular completion of tutorial work along with quizzes to check knowledge and understanding of basic concepts within accounting. To prepare students for the end of module summative exam, a mid semester test will take place under exam conditions.

Group Assignment (1500 words) based on a reflective review of accounting techniques. 50%
Learning outcomes 1,3 & 5.

Final Examination (duration 1 Hour). This will be a closed book exam testing the concepts, principles and practical application of the principles of accounting. 50%
Learning outcomes 1, 2, 3, 4 & 5.

BUV VLE

Main Texts:
Charles T. Horngren, Walter T. Harrison, Jr. & Suzzane Oliver, Accounting, Global Edition, Upper Saddle River, N. J: Pearson/Prentice Hall (9th Edition), 2012

Additional Texts:
Augustine Benedict and Barry Elliott, Financial Accounting: An Introduction, Prentice Hall, 2011
John Wild, Ken Shaw, Barbara Chiappeta, Principles of Accounting, McGraw Hill 2009
Gary Porter and Curtis Norton: Financial Accounting: The Impact on Decision Makers, South-Western College Pub, 2010
Roshayani Arshad, Laily Umar and Siti Maznah Mohd Arif, Financial Accounting-An Introduction, McGraw Hill (M) Sdn Bhd, 2007

1. DESCRIBE THE ROLE AND NATURE OF FINANCIAL ACCOUNTING INFORMATION WITHIN THE INTERNAL AND EXTERNAL ENVIRONMENT OF AN ORGANISATION
Knowledge and Understanding, Learning

2. DEMONSTRATE THE USE DOUBLE-ENTRY ACCOUNTING TECHNIQUES TO MAINTAIN ACCOUNTING RECORDS IN A BUSINESS SETTING
Knowledge and Understanding, Application

3. EXPLAIN THE ACCOUNTING CONCEPTS AND LEGAL REQUIREMENTS UNDERPINNING THE PREPARATION OF FINANCIAL STATEMENTS
Analysis, Problem Solving

4. GENERATE COMMON FINANCIAL STATEMENTS AND REPORTS FROM COMPLETE AND INCOMPLETE ACCOUNTING DATA
Application

5. EXPLAIN AND COMMUNICATE FINDINGS FROM ACCOUNTING INFORMATION
Analysis, Reflection and Communication