Module Descriptors
RISK AND FINANCIAL ANALYSIS
ACCT70283
Key Facts
Faculty of Business, Education and Law
Level 7
30 credits
Contact
Leader: Arshad Hussain
Hours of Study
Scheduled Learning and Teaching Activities: 48
Independent Study Hours: 252
Total Learning Hours: 300
Assessment
  • CLASS-TEST weighted at 25%
  • EXAMINATION - UNSEEN IN EXAMINATION CONDITIONS weighted at 75%
Module Details
ASSESSMENT DETAILS
One class test (1 hour) weighted 25%
One examination (2 hours) weighted 75%
INDICATIVE CONTENT
This module will focus on techniques available to assess and manage the financial aspects of corporations with a particular emphasis on the management of risk.

The following topics will contribute to the material covered in this module:-
- The regulatory and conceptual framework of corporate financial reporting
- Corporate governance
- Financing business
- Financial statements analysis
- Cost structures
- Budgetary control
- Working capital management
- Cost-volume-profit analysis
- Performance measurement
- Investment decision making methods
- Risk appraisal and management using hedging
- Option pricing
- Corporate investment decisions under uncertainty
- The Capital Asset Pricing Model and its application within corporate management
- Applications of game theory

LEARNING STRATEGIES
Module learning hours are broken down into 48hrs of ‘scheduled learning and teaching activities’ comprising predominantly lectures/seminars/tutorials which take place during study days arranged at the start and periodically through the module, but may include some on-line activities. This is supported by 114hrs of ‘guided independent study’, comprising pre-reading ahead of study days, formative tasks submitted on-line, for review and feedback from the tutor and the student cohort, supplemented by additional directed reading, self-help tests and completion of assessment tasks/revision.

For the remainder of the learning hours students are expected to regularly engage with the learning material on Blackboard, by working through the material to reinforce the learning. Students will have additional support from the Module Tutor via email and/or phone.

RESOURCES
University library and computing facilities
TEXTS
Atrill P and McLaney E (2011). Accounting and Finance for Non-Specialists, 7th edition, Pearson, ISBN:0-273-74596-4

Jackson I, Golby J D and Wyld J (2010) Managing Risk for Postgraduates, 2nd edition, Pearson, ISBN 978-1-84959-192-8
Perks R and Leiwy D (2010). Accounting - Understanding and Practice, 3rd edition, McGraw-Hill, ISBN 978-007712478-6
LEARNING OUTCOMES
1. APPLY AND CRITICALLY APPRAISE METHODS OF BUSINESS RISK MANAGEMENT AND CORPORATE INVESTMENT APPRAISAL UNDER UNCERTAINTY (Analysis, Application, Communication, Knowledge & Understanding, Problem Solving)
2. DEMONSTRATE AN UNDERSTANDING OF THE EFFECTS OF THE INTERNATIONALISATION OF BUSINESS AND TECHNIQUES FOR DEALING WITH THE INHERENT RISKS INVOLVED, PARTICULARLY CURRENCY AND COMMODITY HEDGING (Analysis, Communication, Knowledge & Understanding, Problem Solving)
3. DEVELOP A SYSTEMATIC UNDERSTANDING OF THE USES OF ACCOUNTING INFORMATION FOR PLANNING, CONTROL AND DECISION MAKING PURPOSES (Knowledge & Understanding)
4. DEMONSTRATE AN ABILITY TO SOLVE COMPLEX NUMERIC AND LOGIC PROBLEMS RELATED TO FINANCE AND ACCOUNTING. (Application, Problem Solving)