ACCT07035 2020 Introduction to Business Finance 1

General Details

Full Title
Introduction to Business Finance 1
Transcript Title
Intro to Business Fin 1
Code
ACCT07035
Attendance
N/A %
Subject Area
ACCT - Accounting
Department
BUS - Business
Level
07 - NFQ Level 7
Credit
05 - 05 Credits
Duration
Semester
Fee
Start Term
2020 - Full Academic Year 2020-21
End Term
9999 - The End of Time
Author(s)
Gary Reynolds, Sandra Hallinan
Programme Membership
SG_MBUSI_H08 202000 Bachelor of Arts (Honours) in Business & ICT SG_ALAW&_H08 000000 Bachelor of Arts (Honours) in Law & Business
Description

This module will introduce the students to the fundamentals of business finance. Allowing the students to develop an understanding of the principles of business finance and apply and analyse these principles for Business (Limited Company) Financial Statements.

Learning Outcomes

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

1.

Discuss the fundamental concepts, terminology and the accounting ethics of business finance.

2.

Recognise the distinction between business accounting and finance

3.

Interpret, compare and contrast the Financial statements of two limited companies

4.

Identify and distinguish sources of finances for start up and existing business

5.

Describe and illustrate key business process controls on business finance such as Bank Reconciliation statements

Teaching and Learning Strategies

Comprises of lectures, tutorials and independent student learning.

Module Assessment Strategies

Written Final Exam

Moodle Quiz with theory and numerical content

Project

Repeat Assessments

Written Exam and or Moodle Quiz/ Project with theory and numerical content.

Indicative Syllabus

Introduction to principles and concepts within business finance and accounting
Introduction to business finance and accounting process
Introduction to financial statements Income statement and Statement of financial position
Introduction to Financial Ratios, Profitability, Efficiency, Liquidity, Gearing, Investors 
Compare and contrast Financial statements of two limited companies
Introduction to main sources of finances for business
Understand and distinguish key financial controls within business
Understanding business financial information and business decision making process

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 Moodle Quiz/MCQ/ Project Continuous Assessment Assessment 40 % OnGoing 1,2
             
             

End of Semester / Year Assessment

Title Type Form Percent Week Learning Outcomes Assessed
1 Final Exam Final Exam Closed Book Exam 60 % End of Semester 3,4,5
             
             

Full Time Mode Workload


Type Location Description Hours Frequency Avg Workload
Lecture Flat Classroom Lecture 2 Weekly 2.00
Tutorial Flat Classroom Practical and discussion 1 Weekly 1.00
Independent Learning Not Specified Personal Study 4 Weekly 4.00
Total Full Time Average Weekly Learner Contact Time 3.00 Hours

Required & Recommended Book List

Required Reading
2017-01-04 Accounting and Finance for Non-Specialists Pearson
ISBN 1292135603 ISBN-13 9781292135601

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Module Resources