ACCT08023 2016 Business Finance 1

General Details

Full Title
Business Finance 1
Transcript Title
Business Finance
N/A %
Subject Area
ACCT - Accounting
BUS - Business
08 - NFQ Level 8
05 - 05 Credits
Start Term
2016 - Full Academic Year 2016-17
End Term
9999 - The End of Time
Maria Scanlon, John Gaynor
Programme Membership
SG_BSPOR_H08 201900 Bachelor of Business (Honours) in Sport with Business SG_BMARK_H08 202000 Bachelor of Business (Honours) in Marketing SG_BBUSI_K08 202100 Bachelor of Business (Honours) in Business L8 (Add-on) DoMTS SG_BBMTS_K08 202100 Bachelor of Business (Honours) in Business L8 (Add-on) DoMTS SG_BGENE_K08 202100 Bachelor of Business (Honours) in Business in General Stream (Add-on) SG_BHRMS_K08 202100 Bachelor of Business (Honours) in Business in HRM Stream (Add-on)

The student will develop a knowledge and understanding of the financial management methods for analysing the benefits of various sources of finance and capital investment opportunities, appreciate the importance of good working capital management and apply management accounting techniques for business planning and control.

Learning Outcomes

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


Assess nature and purpose of accounting and describe the relationship between financial management, management accounting and financial accounting.


Evaluate the role of the finance function within a business


Prepare projected financial statements for a business and interpret their significance for decision-making purposes.


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


Evaluate the sources of finance available and appraise the suitability of the different sources in the context of an organisation's size and financial requirements.


Assess the working capital needs of different organisations and evaluate the importance of good working capital management.

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.

Indicative Syllabus

The nature and purpose of accounting, ethical considerations and regulation

Finance function

Corporate Governance

Ethics and Corporate Social Responsibility

Financial planning

Capital investment appraisal

Financing a business

Working capital management

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 Continuous Assessment Individual midterm exam Continuous Assessment UNKNOWN 20 % Week 7 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 UNKNOWN 80 % End of Term 1,2,3,4,5,6

Full Time Mode Workload

Type Location Description Hours Frequency Avg Workload
Lecture Flat Classroom lecture 4 Weekly 4.00
Independent Learning UNKNOWN study and research 3 Weekly 3.00
Tutorial Flat Classroom Lecture 2 Weekly 2.00
Total Full Time Average Weekly Learner Contact Time 6.00 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





Other Resources














Additional Information