Module BUSI45115: CORPORATE REPORTING AND CONTROL (EXECUTIVE)

Department: Business School (Business)

BUSI45115: CORPORATE REPORTING AND CONTROL (EXECUTIVE)

Prerequisites

• None.

Corequisites

• None.

Excluded Combination of Modules

• None.

Aims

• To develop students’ understanding of the financial tools of business management and their systems context.
• 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

• 1. Developments in Management Accounting and Control:
• behavioural aspects of control: the performance measurement agenda;
• use and limitations of management accounting information;
• performance measurement;
• dimensions of strategic management accounting.
• 2. 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.

Learning Outcomes

• Upon successful completion of the module, the 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;
• have explored and evaluated the wider context of corporate reporting, including corporate responsibility and recent developments relevant to managers.

• Upon successful completion of the module, the students will:
• be able to apply the concepts and practices of strategic management control and accounting in a realistic context;
• be able to use the tools of financial analysis to make comparisons between organisations in the context of wider international issues and corporate governance developments.

• Written communication; planning, organising and time management; problem solving and analysis; using initiative; computer literacy.

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:

Students will receive feedback on their contributions to class and group discussions.

■ 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