Corporate Finance and Management Accounting

Description

The corporate finance element of this module focuses on key corporate finance issues such as sources of finance, cost of capital, capital structure theories, impact on market values, company valuations as well as risk management. The student will gain problem solving skills and the ability to apply creative thinking skills across a range of corporate financial management scenarios.

This management accounting element will evaluate and apply the principles of short-term decision-making, divisional performance and transfer pricing. The module will also evaluate principles of strategic management accounting in the modern environment and review the emergence of new technologies and data analytics.

Learning Outcomes

  1. Apply problem solving skills and creative thinking across a range of corporate financial management scenarios.

  2. Demonstrate extensive knowledge of financial management concepts to allow them to contribute effectively in a business team context.

  3. Assess cost of capital/sources of finance implications for corporate entities and justify your recommendation.

  4. Perform business valuations in various alternative scenarios and provide advice in the context of a finance manager.

  5. Apply foreign currency risk management techniques together with interest rate risk management techniques.

  6. Establish relevant cash flows for decision making and apply and critically evaluate short-term decision-making techniques in various business situations.

  7. Evaluate and apply different methods of establishing transfer prices and discuss the related behavioural issues.

  8. Apply, evaluate and compare the methods of assessing divisional performance.

  9. Evaluate Strategic Management Accounting in the modern environment.

  10. Describe and discuss emerging and disruptive technologies, information systems and data analytics.

Credits
10
% Coursework 30%
% Final Exam 70%