Module code: MANM297

Module provider

Surrey Business School

Module Leader


Number of Credits


ECT Credits



FHEQ Level 7

JACs code


Module cap (Maximum number of students)


Module Availability

Semester 2

Overall student workload

Independent Study Hours: 123

Lecture Hours: 20

Seminar Hours: 10

Assessment pattern

Assessment type Unit of assessment Weighting
Examination 2 HOUR CLOSED BOOK EXAM 70%
School-timetabled exam/test CLASS TEST (50 MINS) 30%

Alternative Assessment

Not applicable

Prerequisites / Co-requisites


Module overview

This module introduces students to the main principles of accounting and cost management and demonstrates the importance of these to management decision making

Module aims

Encourage the ability to think across management disciplines and to appreciate the significance of fiscal implications of decisions

Provide  students, with the conceptual foundations for understanding, analysing and interpreting financial information

Enable students to apply accounting principles to decision making in modern business organisations

Learning outcomes

Attributes Developed
Understand the content and purpose of financial statements, their interpretation, their limitations and show awareness of the legal and accounting constraints in their production. K
Evaluate the current performance of an organisation and its future sustainability from their corporate reporting. C
Understand and apply the principles of budgeting and planning and use cost concepts required for decision making. P
Comprehend the theoretical basis of investment appraisal techniques and evaluation of the risks involved and use valuation skills and metrics in capital budgeting. P
Identify the sources of finance of a business or other organisation and recognise the key relationships between debt and equity. K
Evaluate different capital structure options available to a business. P
Understand the working capital requirements in companies K
Internet-based & electronic library research skills. Computing skills (e.g. Excel, Word, PowerPoint and Microsoft Project) T
Presentational skills.  T

Attributes Developed

C - Cognitive/analytical

K - Subject knowledge

T - Transferable skills

P - Professional/Practical skills

Module content

Indicative content includes:

Measuring and reporting financial position
Measuring and reporting financial performance
Accounting for limited companies
Measuring and reporting cash flows
Analysing and interpreting financial statements
Cost volume profit analysis and full costing
Making capital investment decisions
Financing a business
Managing working capital

Methods of Teaching / Learning

The learning and teaching strategy is designed to:

The teaching and learning methods include the use of weekly two hour lecture and one hour tutorial to illustrate the theory and allow the student to practice the practical application of such theory with a range of weekly tutorial questions.  Lecture material will be supported by directed reading and weekly homework exercises will be set to test students’ understanding on an on-going basis.  Surrey – Learn will be used as an information portal and will contain lecture notes, practical exercises and model answers plus past exam papers and model answers.

The learning and teaching methods include:

Lectures 2 hours per week x 9
Tutorials 1 hour per week x 9
Revision classes 2 hour week 11

Assessment Strategy

The assessment strategy is designed to provide students with the opportunity to demonstrate their understanding using the following:

A test to demonstrate their understanding of the core areas of accounting and finance, this will also help them to assess how much work they may need to undertake in order to be ready for the final exams.

The examination consists of six questions, which will cover the range of learning outcomes described within the course content. Students are required to answer three questions. All questions require the student to display depth of knowledge by critical writing as well as showing competence in computational skills. The assessment is 50% of the overall mark for the module. Core formulae are provided.

Reading list


Please note that the information detailed within this record is accurate at the time of publishing and may be subject to change. This record contains information for the most up to date version of the programme / module for the 2017/8 academic year.