Level of study First Year
Credit value 20
Semester 1+2 (across both)
Pre-requisite modules None
Other pre-requisites N/A
Financial market instruments and their functions; Discounted cash flow approaches to investment decision-making and the evaluation of different sources of finance; Cost of capital and elementary financial management; Impact of dividend and capital structure policies.
The role of management accounting in the management process; cost units objectives, concepts and classification; accounting for materials, labour and overheads; job costing, process costing and activity based costing; absorption and variable costing, cost-volume-profit analysis.
Teaching and learning methods
2 x 1hr lectures per week, 1 hr class per fortnight