FINANCIAL MANAGEMENT AND ACCOUNTING FOR DECISION-MAKING - 2022/3

Module Overview

This module aims to enable the students to critically understand and analyse the information found in published financial accounts and other accessible data sources and to evaluate the financial performance of a business. It will enable the student to have an appreciation of the financial management and control process in firms and understand the investment and financial decision making process in a business. The module also aims to enable the students to utilise financial information for decision making, scenario assessment, financial decisions, managerial decisions and company valuation.

Module provider

Surrey Business School

Module Leader

SOPP Rachel (SBS)

Number of Credits: 15

ECTS Credits: 7.5

Framework: FHEQ Level 7

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

Module Availability

Semester 2

Prerequisites / Co-requisites

None

Module content

This module includes:

- Elements of Financial Accounting and Reporting

- Elements of Strategic and Quantitative Analysis of Corporate Annual Reporting

- Elements of Managerial Accounting and Strategic Managerial Accounting for Decision Making

- Core concepts and techniques of Financial Management

Assessment pattern

Alternative Assessment

Coursework (Individual) 50%.

Assessment Strategy

The assessment strategy is designed to provide students with the opportunity to demonstrate their mastery of the learning outcomes both through their contribution to teamwork and individually.

The individual coursework provides an opportunity to demonstrate the ability to select and apply the most effective accounting tools to specific contexts.

The group coursework is based on an integrative collaborative project that showcases students' finance knowledge and cognitive skills as well as their practical ability to apply their learning to complex financial strategy problems and tasks.

The two elements of assessments are thus designed to complement each other.

Thus the summative assessment for this module consists of:

• Individual coursework with scenario questions on accounting: 50%


• Group coursework on financial analysis: 50%;

In the event that any student would not be able to complete the group report, they will be given an alternative assessment in the form of individual coursework.

Formative assessment

Formative feedback is offered on an ongoing basis during seminars/group discussions, active learning sessions and tutorials. This may be done face-to-face or online.

Summative feedback is provided through SurreyLearn, separately for each of the elements of the assessment.

 

 

 

 

 

 

 

 

Module aims

• The module aims at developing the following skills:
• Analytical skills used in ratio analysis and performance measurement
• Decision-making with regards to strategy e.g. pricing, outsourcing, limiting factors
• Use of argument and evidence.
• Ability to evaluate financial position, performance and potential of an organisation in its environment using ratio and strategic analyses to support strategic decisions
• Ability to interpret accounting information to support management control in organizations
• Ability to use valuation skills and metrics for performance evaluation.
• Confidence in realising how they can identify financial problems and readily apply techniques taught in class to real life cases.
• Awareness of the importance of financial management decisions on the performance of a company.
• Report writing and presentational skills.
• Working effectively in teams.
• Improved decision making in an international business environment
• Present findings to the client in an effective and engaging manner
• Problem diagnosis and analysis
• Critical skills in relation to the use of information for the purpose of organisational performance evaluation
• Managerial decision processes contributing with accounting based information
• Concepts of corporate finance to lead informed financial decisions in the corporate world.

Learning outcomes

Methods of Teaching / Learning

The module is delivered through highly interactive lectures, which resemble seminars for the most part, where the students' participation is elicited and their previous experience brought to the fore and built upon.

Interactive learning material is uploaded on SurreyLearn and current issues relevant to the topics at hand are shared too as they emerge, e.g. Financial Times articles, The Economist reports, etc.

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

https://readinglists.surrey.ac.uk
Upon accessing the reading list, please search for the module using the module code: MANM364

Programmes this module appears in

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 2022/3 academic year.