ACCT07035 2021 Introduction to Business Finance 1

General Details

Full Title
Introduction to Business Finance 1
Transcript Title
Introduction to Business Finan
Code
ACCT07035
Attendance
N/A %
Subject Area
ACCT - Accounting
Department
BUS - Business
Level
07 - NFQ Level 7
Credit
05 - 05 Credits
Duration
Semester
Fee
Start Term
2021 - Full Academic Year 2021-22
End Term
9999 - The End of Time
Author(s)
Gary Reynolds, Sandra Hallinan
Programme Membership
SG_MBUSI_H08 202100 Bachelor of Arts (Honours) in Business and ICT SG_GLAWB_H08 202100 Bachelor of Arts (Honours) in Law and Business SG_GLAWB_H08 202200 Bachelor of Arts (Honours) in Law and Business SG_MBUSI_H08 202200 Bachelor of Arts (Honours) in Business and ICT SG_HBUIR_H08 202300 Bachelor of Arts (Honours) in Business and Irish
Description

This module will introduce the students to the fundamentals of business finance. Allowing the students to develop an understanding of the principles of business finance and apply and analyse these principles for Business (Limited Company) Financial Statements.

Learning Outcomes

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

1.

Discuss the fundamental concepts, terminology and the accounting ethics of business finance.

2.

Recognise the distinction between business accounting and finance

3.

Interpret, compare and contrast the Financial statements of two limited companies

4.

Identify and distinguish sources of finances for start up and existing business

5.

Describe and illustrate key business process controls on business finance such as Bank Reconciliation statements

Teaching and Learning Strategies

Comprises of lectures, tutorials and independent student learning.

Module Assessment Strategies

Written Final Exam

Moodle Quiz with theory and numerical content

Project

Repeat Assessments

Written Exam and or Moodle Quiz/ Project with theory and numerical content.

Indicative Syllabus

Introduction to principles and concepts within business finance and accounting
Introduction to business finance and accounting process
Introduction to financial statements Income statement and Statement of financial position
Introduction to Financial Ratios, Profitability, Efficiency, Liquidity, Gearing, Investors 
Compare and contrast Financial statements of two limited companies
Introduction to main sources of finances for business
Understand and distinguish key financial controls within business
Understanding business financial information and business decision making process

Coursework & Assessment Breakdown

Coursework & Continuous Assessment
40 %
End of Semester / Year Formal Exam
60 %

Coursework Assessment

Title Type Form Percent Week Learning Outcomes Assessed
1 Moodle Quiz/MCQ/ Project Coursework Assessment Assessment 40 % OnGoing 1,2
             
             

End of Semester / Year Assessment

Title Type Form Percent Week Learning Outcomes Assessed
1 Final Exam Final Exam Closed Book Exam 60 % End of Semester 3,4,5
             
             

Full Time Mode Workload


Type Location Description Hours Frequency Avg Workload
Lecture Flat Classroom Lecture 2 Weekly 2.00
Tutorial Flat Classroom Practical and discussion 1 Weekly 1.00
Independent Learning Not Specified Personal Study 4 Weekly 4.00
Total Full Time Average Weekly Learner Contact Time 3.00 Hours

Required & Recommended Book List

Required Reading
2017-01-04 Accounting and Finance for Non-Specialists Pearson
ISBN 1292135603 ISBN-13 9781292135601

Were you looking for the book with access to MyAccountingLab? This product is the book alone, and does NOT come with access to MyAccountingLab. Buy Accounting and Finance for Non-Specialists, Tenth Edition by Peter Atrill and Eddie McLaney with MyAccountingLab access card 5e (ISBN 9781292135601) if you need access to MyLab as well, and save money on this resource. You will also need a course ID from your instructor to access MyAccountingLab. The 10th edition of this market-leading text offers an accessible, effective introduction to key accounting and finance topics. If you are new to accounting, or are studying a degree in accounting, this book will help you get to grips with the important principles of accounting and how to apply your learning to real-world business scenarios in a user-friendly manner.

Module Resources