Module BUSI45115: CORPORATE REPORTING AND CONTROL (PT/EXECUTIVE)

Department: Economics, Finance and Business (Business)

BUSI45115: CORPORATE REPORTING AND CONTROL (PT/EXECUTIVE)

Prerequisites

• None.

Corequisites

• None.

Excluded Combination of Modules

• None.

Aims

• To develop the student's understanding of the financial tools of business management and their systems context introduced in the core theme. Emphasis is placed on issues of international financial reporting and corporate governance including corporate responsibility.
• To provide students with the ability to critically evaluate the information needs of management for control and for decision making.
• To provide students with a critical understanding of the context of the use of management accounting information for control and an appreciation of the limitations of the information.

Content

• Management Accounting:
• Behavioural aspects of control; the performance measurement agenda;
• Use and limitations of management accounting information, recent developments in management accounting and integrated performance measurement models.
• Corporate Reporting:
• Interpretation of Financial Statements;
• International differences in reporting;
• Standardisation of International Accounting and its impact;
• Wider aspects of corporate reporting; corporate responsibility;
• Corporate Governance and the role of the auditor;
• Issues arising from Enron/WorldCom;
• Operating and Financial Review (OFR).

Learning Outcomes

• By the end of the module students will:
• have an advanced knowledge and critical understanding of the information needs of management for control and decision making;
• have a critical appreciation of the context of the use of that information;
• have explored and appreciated recent academic literature and its implications for current management practice.

• By the end of the module students will:
• have used the tools of financial analysis to make comparisons between organisations in the context of wider international issues and corporate governance developments;
• have explored and evaluated the wider context of corporate reporting, including corporate responsibility and recent developments relevant to managers.

Modes of Teaching, Learning and Assessment and how these contribute to the learning outcomes of the module

• Learning outcomes will be met through a combination of lectures, groupwork, case studies and discussion, supported by guided reading. The written assignment will test students' understanding of relevant concepts and their ability to apply and interpret what they have learned to the analysis of a particular issue in depth.

Teaching Methods and Learning Hours

Summative Assessment

Formative Assessment:

None.

■ Attendance at all activities marked with this symbol will be monitored. Students who fail to attend these activities, or to complete the summative or formative assessment specified above, will be subject to the procedures defined in the University's General Regulation V, and may be required to leave the University