ACCOUNTING & FINANCE FOR BUSINESS - 2018/9

Module code: MANM297

Module Overview

This module introduces students to the main principles of accounting and cost management and demonstrates the importance of these to management decision making

Module provider

Surrey Business School

Module Leader

THEVA L Mrs (SBS)

Number of Credits: 15

ECTS Credits: 7.5

Framework: FHEQ Level 7

JACs code: N340

Module cap (Maximum number of students): N/A

Module Availability

Semester 2

Prerequisites / Co-requisites

None

Module content

Indicative content includes:


Measuring and reporting financial position
Measuring and reporting financial performance
Accounting for limited companies
Measuring and reporting cash flows
Analysing and interpreting financial statements
Cost volume profit analysis and full costing
Budgeting
Making capital investment decisions
Financing a business
Managing working capital

Assessment pattern

Assessment type Unit of assessment Weighting
Examination 2 HOUR CLOSED BOOK EXAM 70
School-timetabled exam/test CLASS TEST (50 MINS) 30

Alternative Assessment

Not applicable

Assessment Strategy

The assessment strategy is designed to provide students with the opportunity to demonstrate their understanding using the following:

A test to demonstrate their understanding of the core areas of accounting and finance, this will also help them to assess how much work they may need to undertake in order to be ready for the final exams.

The examination consists of six questions, which will cover the range of learning outcomes described within the course content. Students are required to answer three questions. All questions require the student to display depth of knowledge by critical writing as well as showing competence in computational skills. The assessment is 50% of the overall mark for the module. Core formulae are provided.

Module aims

  • To encourage the ability to think across management disciplines and to appreciate the significance of fiscal implications of decisions
  • To provide¬†students, with the conceptual foundations for understanding, analysing and interpreting financial information
  • To enable students to apply accounting principles to decision making in modern business organisations

Learning outcomes

Attributes Developed
001 Understand the content and purpose of financial statements, their interpretation, their limitations and show awareness of the legal and accounting constraints in their production. K
002 Evaluate the current performance of an organisation and its future sustainability from their corporate reporting. C
003 Understand and apply the principles of budgeting and planning and use cost concepts required for decision making. P
004 Comprehend the theoretical basis of investment appraisal techniques and evaluation of the risks involved and use valuation skills and metrics in capital budgeting. P
005 Identify the sources of finance of a business or other organisation and recognise the key relationships between debt and equity. K
006 Evaluate different capital structure options available to a business. P
007 Understand the working capital requirements in companies K
008 Internet-based & electronic library research skills. Computing skills (e.g. Excel, Word, PowerPoint and Microsoft Project) T
009 Presentational skills.  T

Attributes Developed

C - Cognitive/analytical

K - Subject knowledge

T - Transferable skills

P - Professional/Practical skills

Overall student workload

Independent Study Hours: 123

Lecture Hours: 20

Seminar Hours: 10

Methods of Teaching / Learning

The learning and teaching strategy is designed to:

The teaching and learning methods include the use of weekly two hour lecture and one hour tutorial to illustrate the theory and allow the student to practice the practical application of such theory with a range of weekly tutorial questions.  Lecture material will be supported by directed reading and weekly homework exercises will be set to test students’ understanding on an on-going basis.  Surrey – Learn will be used as an information portal and will contain lecture notes, practical exercises and model answers plus past exam papers and model answers.

The learning and teaching methods include:


Lectures 2 hours per week x 9
Tutorials 1 hour per week x 9
Revision classes 2 hour week 11

Indicated Lecture Hours (which may also include seminars, tutorials, workshops and other contact time) are approximate and may include in-class tests where one or more of these are an assessment on the module. In-class tests are scheduled/organised separately to taught content and will be published on to student personal timetables, where they apply to taken modules, as soon as they are finalised by central administration. This will usually be after the initial publication of the teaching timetable for the relevant semester.

Reading list

Reading list for ACCOUNTING & FINANCE FOR BUSINESS : http://aspire.surrey.ac.uk/modules/manm297

Programmes this module appears in

Programme Semester Classification Qualifying conditions
International Hotel Management MSc 2 Compulsory A weighted aggregate mark of 50% is required to pass the module
Operations and Supply Chain in the Digital Era MSc 2 Optional A weighted aggregate mark of 50% is required to pass the module
Marketing Management MSc 2 Optional A weighted aggregate mark of 50% is required to pass the module
International Marketing Management MSc 2 Compulsory A weighted aggregate mark of 50% is required to pass the module
International Business Management MSc 2 Compulsory A weighted aggregate mark of 50% is required to pass the module
Entrepreneurship MSc 2 Compulsory A weighted aggregate mark of 50% is required to pass the module
International Events Management MSc 2 Compulsory A weighted aggregate mark of 50% is required to pass the module
Strategic Tourism Management and Marketing MSc 2 Optional A weighted aggregate mark of 50% is required to pass the module
International Tourism Management MSc 2 Optional A weighted aggregate mark of 50% is required to pass the module
Human Resources Management MSc 2 Optional A weighted aggregate mark of 50% is required to pass the module
International Hospitality Management (EuroMasters) MSc 2 Compulsory A weighted aggregate mark of 50% is required to pass the module

Please note that the information detailed within this record is accurate at the time of publishing and may be subject to change. This record contains information for the most up to date version of the programme / module for the 2018/9 academic year.