Durham University
Programme and Module Handbook

Undergraduate Programme and Module Handbook 2017-2018 (archived)

Module BUSI1161: Financial Information for Managers

Department: Business School (Business)

BUSI1161: Financial Information for Managers

Type Tied Level 1 Credits 20 Availability Available in 2017/18 Module Cap Location Durham
Tied to N201
Tied to NN12
Tied to N501
Tied to N500
Tied to N203
Tied to N207
Tied to N505
Tied to N507
Tied to N506
Tied to N508
Tied to N509
Tied to N510
Tied to N511

Prerequisites

  • None.

Corequisites

  • None.

Excluded Combination of Modules

  • None.

Aims

  • To develop an understanding of the purpose of a range of financial reports, through study of aspects of the fundamentals of financial accounting and management accounting, thereby laying foundations for further study in the area.
  • To provide an introduction to financial management and sources of finance.

Content

  • The nature and role of accounting information, including its limitations
  • The spectrum of users' information needs
  • Interpretation of primary financial statements
  • Performance measurement and key performance indicators
  • Generation and interpretation of information for internal use within the organisation
  • Budgeting, including standard costing, planning and cash flow forecasts
  • Marginal costing and cost-volume-profit analysis
  • The role of the financial manager
  • Sources of funds, management of working capital and introductory investment appraisal.

Learning Outcomes

Subject-specific Knowledge:
  • By the end of the module students should
  • Be able to demonstrate an appreciation of the role of accounting information, including its limitations
  • Have an understanding of basic financial statements
  • Have an appreciation of the uses and value of financial information to the managers of an organisation.
  • Have an appreciation of financial management and of the range of sources of finance available
Subject-specific Skills:
  • By the end of the module students should
  • Be able to interpret simple financial statements
  • Be able to apply a range of techniques of use to financial managers of an organisation
  • Be able to apply basic investment appraisal techniques
Key Skills:
  • Written communication and numeracy: through the examination.

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

  • Teaching is by lectures and seminars. Learning takes place through attendance at lectures, preparation for and participation in tutorial classes, and private study.
  • Formative assessment is by means of on-line multiple choice tests.
  • Summative assessment is by means of a written assignment and examination to test students' knowledge and understanding of the subject-matter.

Teaching Methods and Learning Hours

Activity Number Frequency Duration Total/Hours
Lectures 21 1 per week in terms 1&2, plus revision session(s) 1 hours 21
Seminars 8 4 per term in terms 1&2 1 hour 8
Preparation and Reading 171
Total 200

Summative Assessment

Component: Examination Component Weighting: 50%
Element Length / duration Element Weighting Resit Opportunity
One written examination 1.5 hours 100% Same
Component: Assignment Component Weighting: 50%
Element Length / duration Element Weighting Resit Opportunity
One written essay 2000 100% Same

Formative Assessment:

Multiple choice tests


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