Strategic and Global Finance
Unit Aims :
The aim of this unit is to ensure the learner can exercise techniques and decide on decisions that add value in terms of corporate finance based on sound theoretical concepts. In addition, the unit helps
the learner to present and interpret financial information in a recognised format and to work independently to solve the problems arising within the specified time given. It also endures that the
learning can be applied on the practical context.
Learning Outcomes
Assessment Criteria
1. Identify the concept of globalisation and evaluate the investment process involved in relation to globalisation.
- Define the concept of globalisation.
- Identify the affiliation between the concept of globalisation and investment process.
- Evaluate on the advantages of investment proves with globalisation.
2. Evaluate the impact of global business environment on the national and multinational organisations.
- Identify the global business environment factors.
- Evaluate the impact of the identified factors on national and multinational organisations.
3. Evaluate and recommend strategies which will result in the enhancement of the value on an organisation.
- Identify the current value statement of the organisation.
- Identify how the organisation resulted in achieving the values.
- Evaluate and recommend strategies which enhance the value of the organisation.
4. Be able to evaluate the financial consequences of strategic decisions and presentation of report to the management.
- Identify the strategic decision in an organisation.
- Explain and evaluate the financial consequences of the strategic decision made.
5. Identify appropriate sources of finance and evaluate the risk involved and the cost of managing the global risk.
- Identify the sources of finance available.
- Identify and evaluate the risk involved on the identified sources of finance.
- Identify the cost involved in managing the global risk
6. Identify and explain suitable techniques to manage global risk.
- Identify the risk mitigation techniques.
- Identify the global risks.
- Explain the suitability of techniques identified to manage the global risk of the organisation.
7. Critical assess potential investment decisions available and the strategies applied in the global environment.
- Identify the potential investment decisions and strategies available.
- Critical assess the impact of decisions and strategies on the global environment.
TOPIC AND SUGGESTED ASSIGNMENTS/ACTIVITIES/ASSESSMENT
- Introduction to the unit and the programme of assignments
- Presentation of the concept of globalisation and investment process.
- Presentation on the evaluative impact on global business environment.
- Presentation on the national and multinational organisations and its impacts.
- Presenting strategies to enhance the value of the organisation.
- Presentation on the financial consequences of strategic decisions.
- Presentation on the appropriate source of finance and the cost involved in managing the global risk.
- Presenting the suitable risk management techniques.
- Presentation on the information as to how the global risk can be managed.
- Presenting potential investment decisions and strategies on global environment.
- Review of unit and programme of assignments
Strategic Financial Management
Unit Aims :
The aim of this unit is to provide learners ability to exercise the techniques and to make value added decisions in corporate strategy and finance based on sound theoretical concepts. Further it enhances
the contribution on the formulation of business strategy, creation of comprehensive business development plans, together bringing their specialist accounting and finance skills as well as the strategic management learning of the module.
Learning Outcomes
Assessment Criteria
1. Understand and critically appraise the significance of strategic management and decision making to the performance of the organisation and apply and critique the various
forms of internal and external business and strategic analysis and formulation.
- Identify a range of business resources to meet organisational objectives.
- Identify and apply relevant academic theories to understand the various internal and external factors of an organisation
2. Understand and evaluate the key financial theories relevant to financial decision making and critical application of strategic implementation techniques inclusive of balance scorecard and portfolio management tools.
- Identify and evaluate key financial theories.
- Apply theories identified on financial decision making.
- Identify and apply strategic implementation techniques using balance scorecard and portfolio management tools
3. Evaluate the role of culture on strategy, including managing change and be able to analyse the effects
- identify the role of culture on strategy.
- Identify the role of change management.
- Identify the role of change management.
4. Evaluate and apply stakeholder analysis.
- Understand the significance of stakeholder analysis.
- Understand the application of the analysis on a chosen organisation.
- Identify business expansion methods and its impact on stakeholders
- Identify the ability to compute the return and risk.
5. Critically evaluate corporate and business valuation techniques
- Identify the concept of corporate and business valuation techniques.
6. Evaluate performance measurement systems for an organisation and application of problem solving and financial analysis techniques to strategic business problems.
- Identify performance measurement systems.
- Identify financial analysis techniques.
- Assess the application of systems and techniques identified on solving business problems. .
TOPIC AND SUGGESTED ASSIGNMENTS/ACTIVITIES/ASSESSMENT
- Introduction to the unit and the programme of assignments
- Presentation on resourcing decisions and the impact they have both internally and externally on organisational performance and effectiveness
- Practical work, research and discussion on resourcing decisions and the impact they have both internally and externally on organisational performance and effectiveness
- Presentation on sources of finance and investment appraisal
- Practical work, research and discussion on sources of finance and investment apraisal
- Presentation on risk management
- Practical work, research and discussion on risk management
- Presentation on cost concepts and management decision making
- Practical work, research, exercises and discussion on cost concepts and management decision making corporate accounting.
- Practical work, research, exercises and discussion on financial management techniques applied to intangible items and efficient use of all resources
- Presentation on interpreting financial statements and strategic planning and decision-making
- Practical work, research, exercises and discussion on interpreting financial statements and strategic planning and decision-making
- Review of unit and programme of assignments
Strategic Auditing
Unit Aims :
The aim of this unit is to help students understand the ability to choose and apply suitable investigative techniques on a variety of situations which are simple and non-simple in the accounting
environment. The unit provides a profound learning on the aims, objectives and methods of auditors and their contribution on the achievement of true and fair view on the published accounts.
Learning Outcomes
Assessment Criteria
1. Identify and evaluate the history and the current regulatory environment for auditing.
- Identify the history and current regulatory environment for auditing.
- Evaluate on the historical and current regulatory environment for auditing.
2.Understand and critically apply the rules of professional conduct for the auditors.
- Identify the rules of professional conduct.
- Identify the critical application of the rules of professional conduct for the auditors.
3. Evaluate the importance of legal and professional requirements when performing the audit.
- Identify the importance of legal and professional requirements.
- Evaluate the identified requirements on the performance of audit.
4. Analyse overall audit strategy. Critical analysis on the effectiveness of audit monitoring process in use.
- Identify and analyse an audit strategy in general.
- Critically analyse the effectiveness of the audit monitoring process.
5. Identify the risk involved in an audit and the use of suitable measures to minimise the risk.
- Identify the risk involved in the process of auditing.
- Categorise appropriate measures to minimise the risk identified.
- Critically assess the current developments in auditing.
6. Be able to identify and explain the linkage between accounts preparation and the conduct of audit.
- Identify the link between preparation of accounts and the audit conducted.
- Explain the link between preparation of accounts and the audit conducted.
7. Identify and critically assess on the current developments in auditing.
- Identify the current developments in auditing.
- Critically assess the current developments in auditing.
TOPIC AND SUGGESTED ASSIGNMENTS/ACTIVITIES/ASSESSMENT
- Introduction to the unit and the programme of assignments
- Presentation on the history and current regulatory surrounding for auditing.
- Presentation on the rules of professional conduct applied on the auditors.
- Presentation on the legal and professional requirements in performing audit.
- Presenting the audit monitoring process currently in use and the audit strategy in general.
- Presentation of the risk identified in auditing and the mitigating measures.
- Presentation on the relationship between the accounts preparation and the audit conducted.
- Presentation on the current developments in auditing.
- Presentation on the critical assessment of the current developments.
Ethical Behaviour and Corporate Governance
Unit Aims :
The aim of this unit is to reveal the sequential development and guideline of accounting and the impact of accounting and finance on the environment, the various stakeholders and on the society.
The learners of this module will be equipped with the knowledge and skills essential to act as an advisor in relation to the governing authorities on the private, public and charitable sectors.
Learning Outcomes
Assessment Criteria
1. Explain what a profession is and identify the application of governance law and practices in the national and international context.
- Explain what a profession is and the professional institutes.
- Identify the law and practices prevailing in the national and international context.
- Critical evaluate the framework on the national and international perspective.
2. Identify the nature and importance of corporate governance and ethical behaviour and critical evaluation of ethical issues in relation to corporate activity and recommend solutions.
- Identify and explain the significance of corporate governance and ethical behavior.
- Critically evaluate ethical issues arising in relation to corporate activity.
- Evaluate solutions identified to overcome ethical issues arising in relation to corporate activity
3. Assess the impact of financial reporting in relation to a wide range of stakeholders
- Identify the range of stakeholders available.
- Evaluate the impact of financial reporting on the range of stakeholders identified.
4. Identify the principle approaches of governance, identifying and assessing how the risk should be managed in order to achieve good corporate governance.
- Identify the principle approaches of governance.
- Identify the risk involved and how it could be managed to achieve good corporate governance.
5. Research and communicate complex and leading edge issues in CSR and governance, in an appropriate format.
- Identify CSR and governance issues.
- Evaluate communication issues identified in an appropriate and understandable format.
TOPIC AND SUGGESTED ASSIGNMENTS/ACTIVITIES/ASSESSMENT
- Introduction to the unit and the programme of assignments
- Presentation of the framework underlying governance law and practice in national and international context
- Presentation on the nature and importance of corporate governance and ethical behaviour
- Presentation on the critical evaluation on the ethical issues and recommendations to overcome the issues
- Presentation on the wide range of stakeholders
- Presentation on the impact of financial reporting on a wide range of stakeholders
- Presenting the principle approaches of governance
- Presentation on the identification and the assessment of risk and how it should be managed to achieve good corporate governance
- Presentation of CSR and governance issues in an appropriate format
Corporate Reporting
Unit Aims :
The aim of this unit is to assist the learners in the preparation and interpretation of financial statements for a group of companies where it is prepared in accordance with generally accepted
accounting principles and to understand and evaluate the key aspects of accounting theory. On the completion of the unit the learners will be able to communicate complex numerical and qualitative information effectively and solve problems in a selective and critical manner.
Learning Outcomes
Assessment Criteria
1. Identify and understand the main sources of regulatory framework.
- Identify the main sources of the regulatory framework.
- Identify and explain on the use of accounting information.
- Identify and explain on the exploitation of accounting information
2. Explain the significance and the general impact of regulatory framework on the businesses
- Identify and explain the impact of regulatory framework on businesses.
3. Identify and assess accounting concepts and theories.
- Identify the accounting concepts and conventions.
- Assess the concepts and theories identified.
4. Understand how to implement accounting calculations and information.
- Identify appropriate accounting calculation and implement the computation.
5. Critically evaluate and interpret the accounting information.
- Interpret accounting information gathered.
- Critically assess the accounting information gathered.
6. Be able to study and criticise on specific accounting regulations.
- Identify specific accounting regulations on a chosen sector.
- Critically analyse the specific accounting regulations identified.
7. Identify and appraise key accounting policies and practices within corporate accounting.
- Identify and evaluate key accounting practices and policies.
TOPIC AND SUGGESTED ASSIGNMENTS/ACTIVITIES/ASSESSMENT
- Introduction to the unit and the programme of assignments
- Presentation on the main sources of regulatory framework and the use of the accounting information.
- Presentation on the significance of the regulatory framework on the business.
- Presentation on the accounting concepts and theories.
- Presenting the calculations and the accounting information required.
- Presentation on the critical evaluation of the accounting information.
- Presenting critically the specific accounting regulations.
- Presenting identified accounting policies and practices within corporate accounting.
- Presentation on the critical assessment of the accounting policies and practices identified within corporate accounting.
- Review of unit and programme of assignments
Financial Analyst
Unit Aims :
The purpose of this unit is to develop the understanding of market equilibrium models, bond valuation and performance evaluation. At the end of this module students should be encouraged to make enquiries as to the cause and effect of the impact of current developments in the world’s capital markets on the investment process and critically appraise current thinking on the theories and
investments.
Learning Outcomes
Assessment Criteria
1. Critically evaluate the strengths and weaknesses the different types of securities
- Identify different types of securities and their concepts.
- Evaluate the characteristics of each of the securities identified.
- Critically analyse the characteristics and the strengths and weaknesses of different types of securities.
2. Analyse and explain the regulation of, and procedures relating to, the trading of securities and new issues in the world markets, including the London Stock Exchange (LSE).
- Identify the regulations and procedures relating to trading securities.
- Investigate the arising issues in the global markets including (LSE)
3. Know how to apply the principles of investment theory, security and market analysis and efficiency
- Identify and explain the principles of investment theory.
- Critically evaluate securities.
- Evaluate the underlying concepts of market analysis and efficiency.
4. Analyse the principles of taxation and their implications, including income tax, capital gains tax, inheritance and corporation tax.
- Identify the range of taxes and their characteristics.
- Explain the implications of taxation
5. Critically evaluate the effectiveness of the law and regulation in controlling the financial services industry
- Identify the regulations prevailing in the financial services industry.
6. Know how to plan, manage and review client portfolios according to customer profile and the needs in order to recommend and justify appropriate types of savings and investment.
- Evaluate client portfolios according to customer profile.
- Investigate issues relating to portfolio management.
TOPIC AND SUGGESTED ASSIGNMENTS/ACTIVITIES/ASSESSMENT
- Introduction to the unit and the programme of assignments
- Presentation of the framework underlying concepts of financial industries and its regulations.
- Presentation on the nature of financial securities
- Critical evaluation on the principles of taxation and their implications.
- Application of the principles of investment theory, security and market analysis and efficiency.
- Presenting the methods of risk mitigating circumstances.
- Presenting the principle approaches of Hedging, Arbitrage & speculation.
- Analysing portfolio management and the functions of performance measurements.
