Teaching Responsibility

LJMU Schools involved in Delivery:

LJMU Partner Taught

Learning Methods

Lecture

Module Offerings

4517NCCG-JAN-PAR

4517NCCG-SEP-PAR

4517NCCG-SEP_NS-PAR

Aims

This module focuses on the importance of accounting and financial data to assist various sized organisations with their decision making, monitoring, financial control and financial risk. Successful completion of this module will support students to assist colleagues with financial business planning, decision making and supporting developing a business plan

Learning Outcomes

1.
1. Identify a range of financial accounting statements appropriate for all organisations.
2.
2. Demonstrate an understanding of the regulation of financial accounting.
3.
Compare how organisations use management accounting to identify financial problems.
4.
Consider the ethical implications of ‘creative accounting’.

Module Content

Outline Syllabus:Definition of management and financial accounting and its importance. Distinction between management and financial accounting. Transactions, revenues, expenses, profits, assets, liabilities and capital. Elements of a profit & loss Structure of a balance sheet The cash flow statement Presenting financial information Legal regulations The objective of financial statements. Benchmarks, KPIs and budgetary targets to identify financial problems. Financial governance to pre-empt and prevent financial problems Characteristics of an effective management accountant. Creative accounting.

Assessments

Report

Presentation