Title of learning programme |
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Business Finance Programme |
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Programme level |
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3 |
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Duration of learning programme
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14 weeks x 10 hours |
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Total number of learning hours per programme |
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140 * |
* Please note that this is only an approximate figure and is dependant
upon how much time you can dedicate to your studies and also how well you
grasp the learning concepts in the course material. Furthermore, at the end
of each module there is a question paper which needs to be completed and
returned to your personal tutor.
Module |
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Module Title |
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1 |
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Cost and Management Accounting |
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2 |
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Budgetary Control |
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3 |
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Introduction to Accounting |
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4 |
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Working Capital Management |
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Module 1 – Cost and Management Accounting.
On successful completion of this module the candidate will be able to: |
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Learning
Outcome |
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LO1 |
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Introduce management accounting and the importance of costs and historical
costs. |
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LO2 |
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Investigate the methods employed by management to control costs |
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LO3 |
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Discuss the principles of marginal costing. |
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LO4 |
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Define the marginal cost equation. |
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LO5 |
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Describe the uses and limitations of break-even analysis. |
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Module 2 – Budgetary Control.
On successful completion of this module the candidate will be able to: |
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Learning
Outcome |
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LO1 |
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Explain the features of the household budget. |
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LO2 |
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Describe the benefits of budgeting. |
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LO3 |
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Identify the rules for budgeting and budgetary control. |
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LO4 |
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Discuss cash budgets. |
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LO5 |
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Discuss the behavioural implications of budgets. |
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Module 3 – Introduction to Accounting.
On successful completion of this module the candidate will be able to: |
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Learning
Outcome |
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LO1 |
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Discuss the accounting concept. |
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LO2 |
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Describe the differences between financial and
managerial accounting. |
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LO3 |
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Identify the characteristics of accounting
information. |
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LO4 |
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Define the relationship between profit, profitability
and cash. |
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LO5 |
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Explain the fundamental accounting conventions and concepts. |
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LO6 |
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Describe the capital structure of a limited liability
company. |
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Module 4 – Working Capital Management.
On successful completion of this module the candidate will be able to: |
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Learning
Outcome |
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LO1 |
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Discuss the objectives of working capital management. |
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LO2 |
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Describe liquidity and accounting profitability. |
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LO3 |
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Examine the working capital cycle. |
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LO4 |
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Introduce working capital management in the real world. |
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LO5 |
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Introduce the concepts of credit management and effective pricing. |
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