
Module Leader
Lecturers
Dr O Cole and Dr M Boisseau-Sierra
Timing and Structure
Michaelmas term. 16 lectures (including examples classes). Assessment: 100% coursework
Aims
The aims of the course are to:
- provide an introductory understanding of financial reporting and decision making by companies.
Objectives
As specific objectives, by the end of the course students should be able to:
- construct the company financial statements from a jumble of raw data.
- interpret these statements.
- understand how to identify and finance the investments companies should undertake.
- understand why and how companies compensate their investors.
Content
The first part of the module examines fundamental accounting concepts, and shows how to construct and interpret company accounts, a critical source of information to outside investors. The second part of the module tackles the three key areas of company decision making: the capital budgeting decisions of how the company should invest; the financing decisions of how the company should raise the investment capital; and the payout decisions of how the company should compensate its shareholder
Financial Accounting
Detailed discussion of fundamental accounting concepts; construction of company financial statements (balance sheet, income statement, cash flow statement); an awareness of creative accounting
Finance
Nature and objectives of finance; time value of money and risk versus return; capital budgeting decisions (opportunity cost of capital, investment rules such as Net Present Value; financing decisions (debt versus equity); payout decisions (dividends and share repurchases).
Coursework
Coursework | Format |
Due date & marks |
---|---|---|
100% Coursework on Accounting and Finance The Accounting section carries 50% of the mark and the Finance section the remaining 50% Learning objective:
|
Individual Report anonymously marked |
Fri week 1 Lent Term [xx/60] |
|
Booklists
Please refer to the Booklist for Part IIB Courses for references to this module, this can be found on the associated Moodle course.
Examination Guidelines
Please refer to Form & conduct of the examinations.
UK-SPEC
The UK Standard for Professional Engineering Competence (UK-SPEC) describes the requirements that have to be met in order to become a Chartered Engineer, and gives examples of ways of doing this.
UK-SPEC is published by the Engineering Council on behalf of the UK engineering profession. The standard has been developed, and is regularly updated, by panels representing professional engineering institutions, employers and engineering educators. Of particular relevance here is the 'Accreditation of Higher Education Programmes' (AHEP) document which sets out the standard for degree accreditation.
The Output Standards Matrices indicate where each of the Output Criteria as specified in the AHEP 3rd edition document is addressed within the Engineering and Manufacturing Engineering Triposes.
Last modified: 20/05/2021 07:48