BSc Single Honours Accounting and Finance (full-time)

The module will provide a general overview of law relevant to students working in business and develop knowledge and skills in the understanding of the general legal framework. It will also identify the essential elements of different legal systems including the main source of law, and apply the appropriate legal rules relating to the law of obligations. Students will gain an appreciation and understanding of the workings of the legal system, the law of tort, contract law, the law of agency, employment law and other areas of law that effect businesses.

The Management accounting module introduces students to the art and science of providing management information for the use of managers within the organization. Students will learn the concept of costs and product/service pricing which is very important for business profitability. This module is designed to prepare students to proceed to level 5 and take on a linking advanced module called performance management.

This module will set students up for a career away from accounting to core finance and investment. Students will be introduced to the concept of investment appraisals and financing of a business using diverse sources of capital like debt and equity. After completing this module, students can proceed to Level 5 to take on advance finance module that equips them with advance finance skills in equity valuation, and advance capital budgeting and risk management.

Introduction to basics of financial accounting entries (terminologies, context, purposes, regulatory framework). recognising and reclassifying various types of business transactions, as well as the preparation and interpretation of the primary financial statements.

Students will be introduced to theories of academic writing and presentation skills, learning and reflective practice, contextualised within a management and leadership business setting. The following key transferable skills –communication, problem solving, working with others and improving own learning – will be introduced, practiced and applied to work-based tasks, as will the range of activities associated with information skills. Learners will be provided with the opportunities to develop awareness of the workplace, identify different career and study options, recognise and articulate their own experience, accomplishments and talents and plan and implement career management strategies for the short and long term. Students will audit their own skills, identify aspects that require enhancement and produce action plans for self-development in those areas, enabling them to make informed choices in preparing for work placement, academic progression and the transition to employment or further study on graduation.

The module will provide an overview of the economic and business environment providing a theoretical and practical introduction to students regarding the nature and characteristics of business behaviour under conditions of certainty and uncertainty. Whilst providing an overview of contemporary issues in economics and business, the module will provide opportunities for students to examine both the external and internal factors affecting and explore how decisions affecting prices, production constraints, output and wages are made businesses in an increasingly competitive global environment.

The module will provide students with an understanding of the operation of the UK tax system. Students will develop technical skills to produce income and corporation tax computations. The module will also help to develop the technical skills needed to produce tax computations for companies and individuals. During the module, students will study systems for self-assessment, payment of tax and penalties and overseas aspects such as operating abroad, taxation of foreign income, transfer pricing provisions and double tax relief.

This module partly builds on the knowledge of finance and investment that students have acquired in level 4 and pushes the frontier into the financial markets and financial assets as well as their valuations. Here, Students will be taught valuable skills such as equity valuation, stock trading and investment strategies, equity market analysis and financial risk management in international trading. These skills would cumulatively empower students to pursue careers in investment banking, asset management, and stock brokerage.

Audit provides assurance to users of financial statements that those financial statements are accurate and do not contain any material misstatements or errors. This module will teach students how to conduct the audit of a company’s financial statements as required by the UK companies Act 2006 and inline with the International Standards on Auditing (ISA). The module places emphasis on corporate governance, audit planning and audit risk assessment and mitigations.

This module enables students to gain more understanding of advanced costing techniques using Activity Based Costing to make informed decisions focused on financial resources. Students will be required to analyse budgets to inform management decision making, identify the variances in the budgets as well as analyse working capital management for effective strategic management decision.

This module builds on the foundations provided at Level 4 and develops the capacity to conceptualise problems and create reasoned value judgments and opinions and to solve practical problems. Critical reasoning and rational analysis are developed throughout this module. It will develop technical accounting knowledge whilst contextualising it within a broader regulatory framework. It will provide knowledge on the role of financial reporting and its use to stakeholders and the application of accounting standards in the preparation of financial statements. It will enable students to calculate, present and interpret accounting reports with regards to current regulatory requirements and apply current and relevant accounting standards in the preparation and interpretation of financial statements.

The Managing Business Projects module provides students with a comprehensive introduction to the principles and practices of project management within the context of business operations. Designed to bridge theoretical knowledge with practical application, this module equips students with the essential skills and competencies needed to successfully plan, execute, and evaluate projects in diverse organisational settings.

Business and Data Analytics is a comprehensive course designed to equip students with the necessary skills to analyse business data effectively and make data-driven decisions. The course covers fundamental concepts of data analysis, statistical techniques, data exploration, and data visualization tools commonly used in business settings. Students will learn how to collect, clean, analyse, and interpret data to solve real-world business problems. Additionally, the course will introduce students to various data analytics tools and techniques, including Excel, SQL, and data visualization software such as Power BI and Tableau.

This module aims to expose students to the responsibilities of the financial manager in making financing and divided decisions. It introduces the main investment appraisal techniques available to the finance manager in making corporate investment decisions including weighted Average Cost of Capital, Capital Asset Pricing model and the relationship between equity and asset betas. The module also explores the issues around risk management and hedging techniques for interest rate risk, foreign exchange risk and business valuation.

The module aims to develop from previous studies a comprehensive understanding of theory and best current practice of financial reporting, with particular emphasis on current and controversial issues in financial reporting. It will also develop a capacity for critical reasoning and rational analysis, the ability to conceptualise problems, create reasoned value judgments and opinions and the ability to solve practical problems.

Applied Case Study is an advanced course designed to provide students with practical experience in applying strategic management theories, financial analysis techniques, and ethical considerations to real-world business scenarios. Through the analysis of comprehensive case studies, students will gain a deep understanding of strategic decision-making, financial performance evaluation, ethical considerations, and sustainability issues in business management. The course emphasizes the application of acquired skills and knowledge to solve complex business problems and make informed decisions. Students will be required to analyse case studies, conduct financial analysis, evaluate strategic options, consider ethical implications, and develop recommendations. Additionally, students will learn how to write and present professional business reports following standard business reporting formats.

This module will give students a deeper and more integrated understanding of how management accounting theory and practice can help management teams, make decisions of strategic importance. Students will critique the role of traditional management accounting techniques and evaluate the use of strategic management accounting models. It will cover critical analysis skills and learn how management accounting information can contribute to the development and implementation of effective strategic decisions.

This module is designed to provide you with a comprehensive understanding of the contemporary challenges and opportunities facing businesses in the current competitive landscape, enabling you to navigate uncertainty and develop your future career as an effective leader, innovator, and change agent in the face of evolving challenges and opportunities.