2019/20 Taught Postgraduate Module Catalogue

LUBS5206M Accounting for Managers

15 creditsClass Size: 100

Module manager: Prof. Peter Moizer
Email: pm@lubs.leeds.ac.uk

Taught: Semester 2 (Jan to Jun) View Timetable

Year running 2019/20

This module is not approved as an Elective

Objectives

This module aims to provide students with detailed knowledge of accounting and financial terminology, principles and regulation and their application. Specifically, it will show how accounting can provide management and control information and explain the concept of relevance in a financial decision making context.

Learning outcomes
Upon completion of this module students will be able to:
- Critically asses how the types of financial statements that are included in a published set of accounts are produced, their relevance and correct usage
- Synthesise and interpret financial information including absorption and activity-based costing, cost-volume profit analysis and capital investment appraisal
- Evaluate and differentiate the distinction between accounting information produced for external publication in the form of financial statements, and accounting information produced for the internal purposes of planning, decision-making, control and performance measurement
- Critically assess the principles associated with the analysis of cost behaviour, the assessment of the viability of short and long-term projects, and the analysis of deviations between actual and budgeted results

Skills outcomes
Upon completion of this module students will be able to:
Transferable
- Synthesise, evaluate and apply knowledge in different frameworks

Subject specific
- Apply techniques and calculations associated with financial statement creation in a wider context

Syllabus

IIndicative content:
Introduction to accounting and financial terminology, principles and regulations
Introduction to the meaning and preparation of the basic financial statements, profit and loss account, balance sheet and cash flow statement
Valuation issues in accounting
Analysis and interpretation of accounting information
Principles of absorption and activity-based costing
Cost-volume-profit analysis
Capital investment appraisal
Quantitative and qualitative aspects of budgeting
Relevant costs and benefits for short-term decision-making

Teaching methods

Delivery type	Number	Length hours	Student hours
Workshop	2	15.00	30.00
Private study hours			120.00
Total Contact hours			30.00
Total hours (100hr per 10 credits)			150.00

Private study

80 hours - reading and preparation for workshops;
40 hours - examination revision

Opportunities for Formative Feedback

Progress will be monitored by contributions made to classes; formative feedback will be given on individual and group contributions to classes.

Outside of the workshops, students will be given the opportunity for feedback via telephone and/or email discussions with the LUBS tutor. This will enable them to further monitor their progress.

Methods of assessment

Exams

Exam type	Exam duration	% of formal assessment
Standard exam (closed essays, MCQs etc)	3 hr	100.00
Total percentage (Assessment Exams)		100.00

The resit for this module will be 100% by 3 hours examination.

Reading list

The reading list is available from the Library website

Last updated: 12/12/2018 10:48:53

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