Teaching Responsibility
LJMU Schools involved in Delivery:
Liverpool Business School
Learning Methods
Lecture
Seminar
Workshop
Module Offerings
4104LBSBW-JAN-MTP
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
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
Module Content
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.
2. Financing structures of business-limitations and future considerations of these.
3. Cost structures, capacity constraints, break-even points, margin of safety and financial implications of logistics.
4. Book keeping and final accounts preparation - statement of financial position, statement of profit or loss and other comprehensive income.
5. Cash flow forecast, key financial ratios and business plan preparation.
6. Review the external environment factors such as economic and legal changes, which could have an impact on their selected sector business.
Module Overview:
This module is designed to provide you with an understanding of essential finance and accounting terminology and methods to enable you to perform effectively and efficiently within your future workplace.
This module is designed to provide you with an understanding of essential finance and accounting terminology and methods to enable you to perform effectively and efficiently within your future workplace.
Additional Information: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.