ACCT07025 2016 Financial Management & Control

General Details

Full Title
Financial Management & Control
Transcript Title
Fin. Mangt.& Control
N/A %
Subject Area
ACCT - Accounting
BUS - Business
07 - NFQ Level 7
10 - 10 Credits
Start Term
2016 - Full Academic Year 2016-17
End Term
9999 - The End of Time
John Gaynor, Gary Reynolds
Programme Membership
SG_BMAAP_J07 201600 Bachelor of Business in Management Applications L7

The aim of this module is to enable students to interpret the financial results of a small business, distinguish between profitability and liquidity and appreciate the need for financial planning; and to develop an understanding of the financial management methods used in appraising capital investment options and assessing appropriate sources of finance.

Learning Outcomes

On completion of this module the learner will/should be able to;


Discuss the layout of financial statements and the terminology used.


Interpret the financial statements of a small business using ratio analysis


Discuss the crucial importance of cash to a business and prepare basic cash flow statement.


Apply the main principles of management accounting for planning, controlling and short term decision making.


Report to management on the financial performance of an organisation.


Discuss the importance of and prepare basic calculations in relation to working capital management.


Identify the principle sources of finance available to a business and appraise the suitability of the different sources in the context of an organisation's financial requirements.


Apply the main techniques used in the appraisal of capital expenditure decisions and interpret the results.

Teaching and Learning Strategies

Comprises of online lectures and tutorials.

Module Assessment Strategies

Assessment of this module will be continuous assessments 40% throughout the semester and written assessment (60%) end of semester exam. 

Repeat Assessments

Written assessments.

Indicative Syllabus

Terminlogy including information, entities, user groups

Layout of Financial statements. Sole Traders v Company

Ratio Analysis. Calculate and Intepret

Basic Cash flow statements

Working Capital Management

Financial Planning.

Financing a business. Short, Medium and Long term sources of Finance.

Capital Investment Appraisal.

Coursework & Assessment Breakdown

Coursework & Continuous Assessment
40 %
End of Semester / Year Formal Exam
60 %

Coursework Assessment

Title Type Form Percent Week Learning Outcomes Assessed
1 Continuous Assessment Individual/ Group Continuous Assessment UNKNOWN 40 % OnGoing 1,2,3,4,5,6,7,8

End of Semester / Year Assessment

Title Type Form Percent Week Learning Outcomes Assessed
1 Final Exam Final Exam UNKNOWN 60 % End of Term 1,2,3,4,5,6,7,8

Part Time Mode Workload

Type Location Description Hours Frequency Avg Workload
Lecture Flat Classroom Lectures 2 Weekly 2.00
Independent Learning Offsite Study and working on Project 5 Weekly 5.00
Total Part Time Average Weekly Learner Contact Time 2.00 Hours

Required & Recommended Book List

Recommended Reading
2008-06-24 Accounting and Finance for Non-Specialists (6th Edition) Pearson Education Canada
ISBN 0273716948 ISBN-13 9780273716945

Accounting and Finance for Non-specialists, sixth edition is aimed primarily at students who are not majoring in accounting or finance but who are studying introductory level accounting as part of their course.

Module Resources

Other Resources


Additional Information