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


PLEASE NOTE ALTERNATIVE ASSESSMENTS FOR Semester 1 & 2 2020/21 DUE TO COVID-19 AS FOLLOWS:

Coursework

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

A combination of lecture and tutorial face to face sessions.

Example case questions will be used to demonstrate key principles, support activities / calculation and analysis.

The learning strategy for the module requires students to commit to a total of 150 learning hours (including assessment).

There will be 36 hours of class support and an expectation for 114 hours of independent and self-directed study.

This module can also be undertaken as part of the Blended Learning (BL) delivery pattern. BL is defined as the thoughtful integration of each of the following in order to maximise student flexibility:
- Independent study (student reading/research and assessment preparation);
- Guided independent study (homework, group tasks and e-support in Blackboard);
- Online scheduled contact time (at least 10% of total contact time is online lessons where the tutor is ‘present’) and
- Classroom contact time.
Learning activities may include (this list is not exclusive):
- Presentation activities;
- Structured discussion activities;
- Group work activities;
- Reflection activities;
- Formative and summative assessment activities;
- Problem-based learning activities.

Some learning support material will be identified and/or provided for independent / self-directed learning.

There will be a requirement to prepare for and participate in group discussion and debate.

• 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