A closed book 2.0 hour examination to assess all module learning outcomes

Learning
• Regulatory Framework and Conceptual Framework
• Contemporary issues and developments

Practice

• Recognition & measurement
• Financial interpretation of selected problem/practice based case examples


Review of the makeup and function of the international accounting regulatory and conceptual framework, how it aims to work in the public interest and its growing impact on SME’s.

Investigation into accounting concepts and practices relating to areas such as off- balance sheet financing, substance over form, revenue recognition and asset impairment.

Ratio and trend analysis linked to the evaluation of investment opportunities and risk analysis. Looking at key areas of company profitability, efficiency, short and long term liquidity and investment ratios including earnings per share (EPS).

Investigation and research into current areas of development within accounting concepts and practice, dealing with large and small businesses.

1. Understanding that enables the student to appreciate and understand the regulatory framework and the conceptual framework governed by the International Financial Reporting Standards (IFRS) Foundation.
Knowledge and Understanding

2. Originality in the application of knowledge on issues impacting the recognition and measurement of financial assets and liabilities.
Application

3. A comprehensive & systematic knowledge & understanding of techniques applicable in the Interpretation, evaluation of key financial statements of a wide range of business types (public, private, not for profit, various size and structure) and awareness of current problems and/or new insights in financial and non-financial concepts and practices.
Problem Solving

4. Reflect on and demonstrate development of associated underpinning strategic agility and drive for results competencies to enhance employability and/or career advancement in positions of management & leadership.
Reflection

• Module study guide
• The University Library and Learning Resources
• Books and academic journals
• The module VLE
• Electronic data bases
• Learning support materials
• Internet
• Selected problem/practice based case examples

CIMA F2 Financial Management Study Text
(BPP, Kaplan) latest edition

ACCA F9 Financial Management Study Text
(BPP, Kaplan) latest edition

Rankin M. et al (2012) Contemporary Issues in Accounting, Wiley

The learning strategy for this module is based around students committing a total of 150 hours of activities towards achieving the learning outcomes. These will be split between 39 hours of direct contact with a tutor and 111 hours of directed, guided and self-study, together with preparation for and completion of the assessment tasks. Learning support material will be provided for the module.
The module will draw upon a mixture of activities including lectures, web-based activities, case study analysis, relevant videos and in-class discussions, individual and group problem solving and self-directed learning.

Explores techniques and tools to gain insight into an organisation in order to develop strategic agility to improve results in positions of management and leadership.