讲解 MN7029SR Financial Decision Making辅导 留学生Matlab程序

Module Handbook

Module Title: Financial Decision Making

Module Code: MN7029SR

2. Module Aims 

This module aims to provide practical methods and approaches to enable business managers and entrepreneurs to understand and use financial information to make effective business decisions.  The financial decision-making process demands the understanding of key financial management issues, performance indicators and methodologies to critically analyses accounting and financial information. Strong financial literacy is essential in business.

The module also aims to introduce and examine the preparation and use of accounting and information to inform. financial decisions. It provides the understanding of key performance indicators, cashflow management, full costing, working capital management techniques and the budgeting process to manage finances and support management decisions on investment projects and making capital investment decisions. The module concludes with a practice of developing business plan, capital investment decisions and aspects of financing businesses.

The module aims to enable students to be able to:

· ask insightful questions of their financial advisors, to challenge their analysis and to specify their financial information needs

· quickly assess accounting information to evaluate business performance

· create financial forecasts, plans and models, particularly in relation to business planning and investment appraisal.

3. Module Learning Outcomes

On successful completion of this module students should be able to:

LO1: Critically evaluate company financial performance and make recommendations for improvement;

LO2: Demonstrate an understanding and use of the appropriate analytical techniques to be applied to business case development and Investment appraisal; the raising of finance and the distribution of funds to investors;

LO3: Communicate financial information, analysis, issues and recommendations clearly and concisely.

4. Module Syllabus/Content

The module topics are

1. Introduction to accounting and finance LO1

2. Measuring and reporting financial position LO1, 2

3. Understanding the income statement LO1, 2

4. Cashflow management LO1, 2,

5. Analysing and interpreting financial statements LO1, 2, 3

6. Managing Working Capital LO1, 2

7. The relevance and behaviour of costs LO1, 2

8. Full costing LO1, 2

9. Budgeting LO1, 2

10. Creating a Business Plan LO2, 3

11. Making Capital Investment Decisions LO2, 3

12. Financing a business LO2, 3

5. Essential Texts:

CORE reading materials:

Atrill, P. (2017). Financial Management for Decision Makers (8th ed). Pearson Education. ISBN-13: 978-1292134338.

Seal, W. (2011). Management Accounting for Business Decisions (1st ed.). London: McGraw Hill. ISBN-13: 978-0077126728.

Other recommended reading materials:

ICSA (2016). Financial Decision Making (2nd ed.). ICSA publishing Ltd. ISBN-13: 978-1860726811

Foerster, S. (2014). Financial Management: Concepts and Applications, Global Edition. Pearson. ISBN-13: 978-1292077833

Drury, C. (2016). Management Accounting for Business, (5th ed.). London. Cengage Learning. ISBN-13: 978-1408093818.

Journals:

British Accounting Review

The European Accounting Review

Financial Accountability & Management

Websites:

· Companies House https://beta.companieshouse.gov.uk/ 

· Deloitte International Accounting Standards www.iasplus.com

· Use MetCat to search inside e-resource collections for ebooks and ejournals

· FAME UK companies – access through library catalogue popular e-resources, with your login details: Current business and financial reports and latest business news:

· MINTEL Academic (though library catalogue with your login details,

· Financial Times: https://www.ft.com/?edition=uk

Electronic Databases:

· FAME UK companies (as above)

· Bloomberg

· Office for National Statistics (ONS): https://www.ons.gov.uk/

· Bank of England SI Database: www.bankofengland.co.uk

European Banking Federation (for facts and figures): https://www.ebf.eu

6. Module Lesson Plan 

The indicative weekly programme shows the topic likely to be covered in each teaching week, please note that the precise order can change.