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Liverpool John Moores University
Title: Finance and Accounting Skills Status: Definitive Code: (^) 4104LBSBW (124963) Version Start Date: 01-08-
Owning School/Faculty: Business and Management Teaching School/Faculty: Business and Management
Team Leader Ahmed Eltweri Y Lucy McGrath N
Academic Level: FHEQ
Credit Value: 20
Total Delivered Hours:
Total Learning Hours:
Private Study: 155
Delivery Options Course typically offered: Semester 2
Component Contact Hours Lecture 11 Seminar 11 Workshop 22
Grading Basis: 40 %
Assessment Details
Category Short Description
Description Weighting (%)
Exam Duration Exam EXAM Multi choice exam 1 hour 30 1 Report RPT 2500 word report 70 0
Aims
This module is designed to provide students with an understanding of essential finance and accounting terminology and methods to enable them to perform effectively and efficiently within their future workplace. Using practical examples, students will gain confidence to be able to financial modelling skills using Excel.
Learning Outcomes
After completing the module the student should be able to:
1 Recognise the importance of the finance and accounting function. 2 Develop knowledge of finance accounting terminology thereby allowing students to make a valuable contribution to the workplace within meetings or in a supportive role. 3 Prepare financial statements within excel; statement of profit or loss and other comprehensive income, statement of financial position, cashflow statement and forecast budgets. 4 Develop excel financial models to evaluate performance, recommend appropriate action with reference to market and economic condition, produce a business plan, to support a venture capital request. 5 Create, manage and control budgets to aid cashflow / liquidity, improve profitability, reduce risk and make informed strategic decision using financial models
Learning Outcomes of Assessments
The assessment item list is assessed via the learning outcomes listed:
EXAM 1 2
REPORT 3 4 5
Outline Syllabus
The module will review key areas of finance and accounting in order to enable the students to be able to prepare the necessary financial statement and business plan with excel to support a venture capital request.
_1. Considerations of the legal forms of business, implications and financial accounting treatment of them.
- Financing structures of business-limitations and future considerations of these.
- Cost structures, capacity constraints, break-even points, margin of safety and financial implications of logistics.
- Book keeping and final accounts preparation - statement of financial position, statement of profit or loss and other comprehensive income.
- Cash flow forecast, key financial ratios and business plan preparation.
- Review the external environment factors such as economic and legal changes, which could have an impact on their selected sector business._
Learning Activities
