The Accounting Module of the MBA aims to provide course participants with an understanding of the theory and practical application of accounting in i) the preparation and evaluation of external financial structures, and ii) internally generated management accounting information for decision making and control within organisations.
By the end of the module the student should be able to:
- Describe the fundamental principles under which profit and loss accounts, balance sheets and cash flow statements are prepared and discuss their strengths and limitations;
- Use financial statements to evaluate the financial performance and position of limited companies; Understand the bases of preparation of management accounting information used within organisations;
- Perform financial analyses in a decision making context; Discuss the appropriateness of management accounting technique relating to different management contexts.
- 3 hour written examination (50%)
- 3,000 - 4,000 word assignment (50%)
- Drury, C. 2001. Management Accounting for Business Decisions. 2nd ed. Thomson Learning.
- Walton, P. 2000. Financial Statement Analysis: An International Perspective. Thomson Business Press.