AF3U097-Financial Management- Curriculum Information

AF3U097 - Financial Management 01 Sep 2020 - 31 Aug 2026 | Version 2

Associated Module Information

Module Code:	AF3U097
Module Title:	Financial Management
Faculty:	Faculty of Business and Creative Industries
Faculty Group:	Accounting and Finance
Faculty Sub Group:	Accounting and Finance
Module Leader:	Jared Davies, Nicola Gilbert
Module Team:	Claudia Scicluna
First Intended Intake:	SEP 2019	Final Year of Intake:
Date Closed:
Credit Value:	30	Credit Level:	6
Language:	English
Percentage of Module Taught in Welsh:	0
Equivalent Module:
HECOS codes:	100832 - financial management
HECOS Code Weighting:	100

Document Version Information

Version	2
Valid From	01 Sep 2020
Valid To	31 Aug 2026

Module Aims

This module is one of six modules that form the Applied Skills Level of the ACCA Qualification.

Please note that aims, learning outcomes and content are based on the 2020 ACCA Financial Management Syllabus & Study Guide. Latest versions of all ACCA Syllabus & Study Guide documents can be found at: https://www.accaglobal.com/ca/en/student/exam-support-resources.html

Successful completion of the internal assessments for this module will allow a student to claim exemption from ACCA’s Financial Management module. Students may opt to sit ACCA’s external equivalent of this module directly.

The main aims are to develop the knowledge and skills expected of a finance manager, in relation to investment, financing, and dividend policy decisions.

Content Summary

The syllabus for Financial Management is designed to equip candidates with the skills that would be expected from a finance manager responsible for the finance function of a business. It prepares candidates for more advanced and specialist study in Advanced Financial Management. The syllabus, therefore, starts by introducing the role and purpose of the financial management function within a business.

Before looking at the three key financial management decisions of investing, financing, and dividend policy, the syllabus explores the economic environment in which such decisions are made.

The next section of the syllabus is the introduction of investing decisions. This is done in two stages - investment in (and the management of) working capital and the appraisal of long term investments.

The next area introduced is financing decisions. This section of the syllabus starts by examining the various sources of business finance, including dividend policy and how much finance can be raised from within the business. It also looks at the cost of capital and other factors that influence the choice of the type of capital a business will raise.

The principles underlying the valuation of business and financial assets, including the impact of cost of capital on the value of business, is covered next.

The syllabus finishes with an introduction to, and examination of, risk and the main techniques employed in managing such risk.

Learning and Teaching Methods

Activity Type	Hours
Practical classes and workshops	50
Independent Study	90
Directed Study	150
Formative Assessment - Scheduled	10
Total Hours Selected	300

Learning Outcomes

#	Learning Outcome
LO1	Discuss the role and purpose of the financial management function
LO2	Assess and discuss the impact of the economic environment on financial management
LO3	Discuss and apply working capital management techniques
LO4	Carry out effective investment appraisal
LO5	Identify and evaluate alternative sources of business finance
LO6	Discuss and apply principles of business and asset valuations
LO7	Explain and apply risk management techniques in business
LO8	Display competence in a range of soft/transferable skills

Module Requisites

Code	Title	Requisite Type
MOD011434	Management Accounting	pre-requisite

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Assessment Criteria

Assessment Category	Assessment Type	Description	Duration	Word Count	Weight (%)	Best of?	Pass Mark
Synchronous Onsite Assessment	Time-constrained assessment (Onsite) 1	Time Constrained Assessment	195	4200	70	No	40
Asynchronous Assessment	Report 1	Written assignment.	0	2000	30	No	40