MGT6111   Accounting and Financial Management   (10 credits)

Description

As managers in businesses, social enterprises or governmental organisations, an ability to interpret accounting reports and exercise financial judgment is essential. The aim of the module is to equip non-financial students with an appropriate level of financial competence - and confidence - and hence view accounting and financial management from the perspective of general management: that is, as users of financial information. This means that learning does not take the form of a series of textbook technical exercises, but grasps concepts and applies them to the real world, as demonstrated on the case company. The accounting element of the module is concerned primarily with the usefulness and limitations of accounting and market data in published financial statements, governance and internal reports and controls, business planning, operational decisions, pricing decisions, and performance management. The financial management element of the module examines the role of accounting and market data to support financing decisions, investing decisions and cash and working capital management.

Reading List