ULMS Electronic Module Catalogue |
The information contained in this module specification was correct at the time of publication but may be subject to change, either during the session because of unforeseen circumstances, or following review of the module at the end of the session. Queries about the module should be directed to the member of staff with responsibility for the module. |
Title | PRINCIPLES OF BUSINESS AND FINANCE | ||
Code | ACUL603 | ||
Coordinator |
Miss JA Moore Management School Julie.Moore@liverpool.ac.uk |
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Year | CATS Level | Semester | CATS Value |
Session 2019-20 | Level 5 FHEQ | First Semester | 10 |
Pre-requisites before taking this module (other modules and/or general educational/academic requirements): |
Modules for which this module is a pre-requisite: |
Programme(s) (including Year of Study) to which this module is available on a required basis: |
Programme(s) (including Year of Study) to which this module is available on an optional basis: |
Teaching Schedule |
Lectures | Seminars | Tutorials | Lab Practicals | Fieldwork Placement | Other | TOTAL | |
Study Hours |
35 |
2 |
37 | ||||
Timetable (if known) | |||||||
Private Study | 63 | ||||||
TOTAL HOURS | 100 |
Assessment |
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EXAM | Duration | Timing (Semester) |
% of final mark |
Resit/resubmission opportunity |
Penalty for late submission |
Notes |
Written assessment There is a resit opportunity. Standard UoL penalty applies for late submission. This is an anonymous assessment. Assessment Schedule (When) :Semester one | 2 hours | 100 | ||||
CONTINUOUS | Duration | Timing (Semester) |
% of final mark |
Resit/resubmission opportunity |
Penalty for late submission |
Notes |
Aims |
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To introduce knowledge and understanding of the business and its environment and the influence this has on how organisations are structured and financed, as well as the role of the accounting and other key business functions in contributing to the efficient, effective and ethical management and development of an organisation and its people and systems. |
Learning Outcomes |
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(LO1) Students will be able to understand the purpose and types of businesses and how they interact with key stakeholders and external environment. |
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(LO2) Students will be able to understand business organisation structure, functions and the role of corporate governance. |
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(LO3) Students will be able to recognise the function of accountancy, finance and audit in communicating, reporting and assuring financial information and in effective financial control and compliance. |
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(LO4) Students will be able to identify sources and methods of financing for businesses and individuals. |
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(LO5) Students will be able to recognise the principles of authority and leadership and how teams and individuals are recruited, managed, motivated and developed. |
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(LO6) Students will be able to understand the importance of personal effectiveness as the basis for effective team and organisational behaviour. |
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(LO7) Students will be able to recognise that all aspects of business and finance should be conducted in a manner which complies with and is in the spirit of accepted professional ethics and professional values. |
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(S1) Adaptability |
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(S2) Problem solving skills |
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(S3) Numeracy |
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(S4) Commercial awareness |
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(S5) Organisational skills |
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(S6) Communication skills |
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(S7) International awareness |
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(S8) Lifelong learning skills |
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(S9) Ethical awareness |
Teaching and Learning Strategies |
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Teaching Method 1 - Interactive lectures Teaching Method 2 - Formative Feedback (e.g. peer, revision sessions) Self-Directed Learning Description: Follow-up suggested work and wider reading |
Syllabus |
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A) The business organisation, its stakeholders and the external environment B) Business organisation structure, functions and governance C) Accounting and reporting systems, controls and compliance D) Sources and methods of financing for business and individuals E) Leading and managing individuals and teams F) Personal effectiveness and communication G) Professional ethics in accounting and business Library resources will be accessible through 'Reading Lists @ Liverpool' Vital will be used to support the course. Practice question and solutions will be provided. |
Recommended Texts |
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Reading lists are managed at readinglists.liverpool.ac.uk. Click here to access the reading lists for this module. |