ACCT08022 2016 Finance 2

General Details

Full Title
Finance 2
Transcript Title
Finance
Code
ACCT08022
Attendance
N/A %
Subject Area
ACCT - Accounting
Department
BUS - Business
Level
08 - NFQ Level 8
Credit
05 - 05 Credits
Duration
Stage
Fee
Start Term
2016 - Full Academic Year 2016-17
End Term
9999 - The End of Time
Author(s)
Maria Scanlon, John Gaynor
Programme Membership
SG_BACCO_K08 201600 Bachelor of Business (Honours) in Accounting Stream (Add-on) SG_BFINA_K08 201600 Bachelor of Business (Honours) in Finance Stream (Add-on) SG_BBUSS_K08 201600 Bachelor of Business (Honours) in Business accs SG_BACCO_H08 201800 Bachelor of Arts (Honours) in Business in Accounting L8
Description

The student will appreciate the essential elements of financial management for the developing company, appraise sources of finance, distinguishing between internal and external and short term and long term, appreciate the importance of good working capital management, discuss dividend policy and evaluate the motives for mergers and acquisitions.

Learning Outcomes

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

1.

Compare the various sources of finance available to businesses, including internal sources, and assess the impact on the capital structure.

2.

Assess financing options available to developing companies and compare and contrast possible future outcomes.

3.

Discuss the role and nature of the Irish Stock Exchange and outline methods of issuing share capital. 

4.

Evaluate the elements of working capital, assess the significance of different levels of working capital, explain how working capital might be financed and illustrate how poor working capital management can lead to over-capitalisation, or overtrading.

5.

Discuss distributions to shareholders and the factors influencing dividend policy.

6.

Evaluate the motives for, and financial implications of, mergers and acquisitions and calculate, evaluate and recommend the value of an organisation.

7.

Identify the key participants in the financial services system in Ireland and the services they provide and discuss the role of the accountant in personal financial planning and the regime governing financial advice.

Teaching and Learning Strategies

This module will be delivered through a combination of lectures and tutorials. An essential part of the teaching and learning strategy will be to enable the students to apply their learning where applicable.

Module Assessment Strategies

This subject will be assessed by a combination of an individual exam style continuous assessment and an end of semester exam.

Repeat Assessments

The unsuccessful candidate will be required to repeat the failed element of their assessed work.

Module Dependencies

Prerequisites
ACCT07002 200900 Financial Reporting 1 ACCT07001 200900 Management Accounting Planning, Control and Decision-Making

Indicative Syllabus

Interpetation of financial statements and key performance indicators

Financing a business

Risk management and financial derivatives

Working capital management

Dividend policy

Mergers and acquisitions

Personal finance

Coursework & Assessment Breakdown

Coursework & Continuous Assessment
20 %
End of Semester / Year Formal Exam
80 %

Coursework Assessment

Title Type Form Percent Week Learning Outcomes Assessed
1 Project focusing on the financial performance and the capital structure of a large organisation and comparison wih a competitor Continuous Assessment Open Book Exam 20 % Week 23 1,2,3,4
             
             

End of Semester / Year Assessment

Title Type Form Percent Week Learning Outcomes Assessed
1 Final Exam end of module exam Final Exam Closed Book Exam 80 % End of Term 1,2,3,4,5,6,7
             
             

Full Time Mode Workload


Type Location Description Hours Frequency Avg Workload
Lecture Flat Classroom Lecture 4 Weekly 4.00
Independent Learning UNKNOWN Personal study 3 Weekly 3.00
Total Full Time Average Weekly Learner Contact Time 4.00 Hours

Required & Recommended Book List

Recommended Reading
2014-09-03 Financial Management for Decision Makers, 7th edition Trans-Atlantic Publications
ISBN 129201606X ISBN-13 9781292016061

Adopting an innovative, open-learning approach to introduce the main principles of financial management in an accessible, non-technical way, this fully updated seventh edition provides a unique focus on the practical application of financial management and its role in decision making.

Recommended Reading
2014-08-11 Finance Chartered Accountants Ireland
ISBN 1908199482 ISBN-13 9781908199485

Module Resources

Non ISBN Literary Resources

 

 

 

 

 

 

 

 

 

 

 

 

URL Resources

www.irishtimes.com/business

www.rte.ie.com/business

Other Resources

Relevant articles from business press, professional journals etc. 

Various

Various

Additional Information

None