ACC40730 Finance

Academic Year 2022/2023

This module aims to provide participants with a basic understanding of accounting systems and the ability to analyse and interpret financial statements and to prepare cash budgets. It is applicable to business in general but case studies of cultural sector organisations are used where appropriate.

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Curricular information is subject to change

Learning Outcomes:

On successful completion of this module students should be able to:
1. have a basic understanding of accounting procedures;
2. understand the role of the accounting function in a cultural organisation;
3. analyse a set of accounts;
4. use CVP analysis for profit planning;
5. understand the purpose of a bank reconciliation and be able to prepare one;
4. prepare a cash budget and have a general understanding of budget procedures.

Student Effort Hours: 
Student Effort Type Hours
Lectures

24

Specified Learning Activities

38

Autonomous Student Learning

38

Total

100

Approaches to Teaching and Learning:
This module is delivered by means of a combination face-to-face lectures and problem based learning 
Requirements, Exclusions and Recommendations
Learning Requirements:

An honours university degree at minimum level of 2.2 and work experience in the cultural sector. Selection is by short-listing and interview.


Module Requisites and Incompatibles
Incompatibles:
CULP40320 - Finance

Equivalents:
Finance (AH40030), Finance (CULP40030)


 
Assessment Strategy  
Description Timing Open Book Exam Component Scale Must Pass Component % of Final Grade
Examination: Two Hour Examination 2 hour End of Trimester Exam No Graded No

75

Class Test: A fifty-minute class test on two topics covered in the first half of the module. Week 9 n/a Graded No

25


Carry forward of passed components
No
 
Resit In Terminal Exam
Spring Yes - 2 Hour
Please see Student Jargon Buster for more information about remediation types and timing. 
Feedback Strategy/Strategies

• Feedback individually to students, post-assessment

How will my Feedback be Delivered?

In the case of the mid-semester short test, feedback will be given on an individual basis within a week of the test. In the case of the end of semester 2-hour exam, feedback will be given on a one-to-one basis to any student requesting it.

Name Role
Ms Karen Dent Lecturer / Co-Lecturer