1. Understand and critically evaluate key points in year-end or management accounts.
Knowledge & Understanding
Analysis

2. Critically evaluate red flags in financial reporting and implement appropriate remedial action.
Analysis
Problem Solving
Application

3. Establish a comprehensive understanding of businesses reporting and compliance requirements.
Knowledge & Understanding

1. Blog evaluating key points in management Accounts (500 words) (20%) (LO1)

2. Individual Essay based on an analysis of a case study. You will be analysing a company’s position and providing the commentary for understanding position of the company to aid stakeholder relationships and investor understanding. (2,500 words) (80%) (LOs 2 & 3)

Spiralling regulatory and compliance requirements increase the cost of doing business, and lead to cross-border fragmentation. More rules and regulatory complexity lead to organizations acting defensively, focusing on compliance at the expense of the bigger picture of how they are going to be successful.

The module will help you to identify trends of uncertainties, opportunities and risks, trade-offs and implications faced by the organisations through scenarios, forecasting and predictive analytics.

You will understand the importance of providing timely insights on market trends, customers, products and suppliers, critical resources and financial performance. Furthermore, effective reporting the organisation will help to align its strategy, value-drivers and performance measurement with resource allocation.

As part of the role of a storyteller, reporting improves connections between people (internal and external stakeholders), processes and systems to develop an integrated view of performance, incorporating both financial and non-financial information.

Reporting is a critical management and regulatory tool. In this module you will explore how organisations can leverage breadth and depth of financial information in the pursuit of growth.

Concepts, theories and principles will be explored, practiced and demonstrated. Practical skills enhanced by recommended videos and talks. Cognitive and personal skills developed in open-ended problem-solving exercises. Oral feedback is given during sessions. The assessments will examine the wider learning outcomes expressed in the descriptor. You will be expected to use the Bloomberg terminals to analyse company information.

You will undertake ‘formative’ assessments during the module to help you monitor your learning and provide you and us with ongoing feedback on your progress, that helps you prepare for the ‘summative assessment(s) during or at the end of the module.

Melville, A. (2017). International Financial Reporting: A Practical Guide. London: Pearson.

Miller-Nobles, T., Mattison, B. & Matsumura, E.M. (2016). Horngren’s Financial & Managerial Accounting: The Financial Chapters, Global Edition. London: Pearson.

Damodaran, A. (2017). Narrative and Numbers: The Value of Stories in Business. Surrey: Columbia Business School Publishing.

LinkedIn Learning sessions
https://www.linkedin.com/learning/accounting-foundations-2/the-importance-of-accounting?u=35633836
https://www.linkedin.com/learning/corporate-financial-statement-analysis?u=35633836
https://www.linkedin.com/learning/search?keywords=financial%20reporting&u=35633836

TEDx videos

Bloomberg Lab terminals

N/A