AF3S540 - Information for Decision Making and Financial Management 09 Mar 2020 - 31 Aug 2025 | Version 1
Associated Module Information
| Module Code: | AF3S540 | ||
|---|---|---|---|
| Module Title: | Information for Decision Making and Financial Management | ||
| Faculty: | Faculty of Business and Creative Industries | ||
| Faculty Group: | Accounting and Finance | ||
| Faculty Sub Group: | Accounting and Finance | ||
| Module Leader: | Alison Lane, Lucie Corcoran | ||
| Module Team: | Jared Davies | ||
| First Intended Intake: | SEP 2020 | Final Year of Intake: | 2024 |
| Date Closed: | |||
| Credit Value: | 20 | Credit Level: | 6 |
| Language: | English | ||
| Percentage of Module Taught in Welsh: | 0 | ||
| Equivalent Module: | |||
| HECOS codes: | 100105 - accounting | ||
| HECOS Code Weighting: | 100 | ||
Document Version Information
| Version | 1 |
|---|---|
| Valid From | 09 Mar 2020 |
| Valid To | 31 Aug 2025 |
Module Aims
This module aims to equip students with an advanced understanding of management accounting and financial management concepts and techniques.
To enable students to contribute critical evaluation to the decision-making process at all levels within an organisation.
Content Summary
Short and longer term decision making techniques – the use of relevant and opportunity cost approaches, longer term cost forecasting and planning , activity based budgeting, learning curves and approaches to pricing.
Performance measurement and evaluation, financial, non-financial, combined approaches and ex- post variance analysis, including not for profit approaches and divisional performance measurement consderations.
Risk Analysis (Portfolio Theory & CAPM), Working Capital Management, Traded Share Options and Financial Instruments.
Learning and Teaching Methods
| Activity Type | Hours |
|---|---|
| Practical classes and workshops | 44 |
| Independent Study | 56 |
| Directed Study | 96 |
| Formative Assessment - Scheduled | 4 |
| Total Hours Selected | 200 |
Learning Outcomes
| # | Learning Outcome |
|---|---|
| LO1 | Compare and apply financial theories and techniques in a variety of decision-making contexts. |
| LO2 | Evaluate critically techniques used to aid financial decision making and performance evaluation. |
Module Requisites
N/A
Assessment Criteria
| Assessment Category | Assessment Type | Description | Duration | Word Count | Weight (%) | Best of? | Pass Mark |
|---|---|---|---|---|---|---|---|
| Set Exercise - Time Constrained (EX) | Classroom Test Time Constrained (EX) 2 | An ability to identify, critically evaluate and apply management accounting theories and techniques in a variety of decision making and performance evaluation contexts. | 150 | N/A | 50 | No | 40 |
| Set Exercise - Time Constrained (EX) | Classroom Test Time Constrained (EX) 1 | An ability to identify, critically evaluate and apply financial management theories and techniques in a variety of decision making and performance evaluation contexts. | 150 | N/A | 50 | No | 40 |
Assessment Matrix
| Assessment Type | Learning Outcomes | ||
|---|---|---|---|
| LO1 | LO2 | ||
| Classroom Test Time Constrained (EX) 2 | ✔ | ✔ | |
| Classroom Test Time Constrained (EX) 1 | ✔ | ✔ | |