Module Details
Module Code: |
FNCE B8001 |
Full Title:
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Business Finance
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Valid From:: |
Semester 1 - 2013/14 ( September 2013 ) |
Language of Instruction: | |
Module Description: |
no description provided
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Module Learning Outcome |
On successful completion of this module the learner will be able to: |
# |
Module Learning Outcome Description |
MLO1 |
Prepare a Cash Forecast, Budgeted Income Statement and Balance Sheet |
MLO2 |
Evaluate capital investment proposals using a variety of investment appraisal techniques |
MLO3 |
Identify and describe sources of finance appropriate in a variety of scenarios. |
MLO4 |
Use C-V-P analysis as an aid to short-term decision making. |
MLO5 |
Explain the importance of working capital management and describe key issues to ensure effective management of working capital. |
Pre-requisite learning |
Module Recommendations
This is prior learning (or a practical skill) that is strongly recommended before enrolment in this module. You may enrol in this module if you have not acquired the recommended learning but you will have considerable difficulty in passing (i.e. achieving the learning outcomes of) the module. While the prior learning is expressed as named DkIT module(s) it also allows for learning (in another module or modules) which is equivalent to the learning specified in the named module(s).
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No recommendations listed |
Module Indicative Content |
Planning and Control
Strategic Planning, Operational Planning, Feedback and Control, Benefits of Budgeting, Human Aspects of Budgeting, Cash Forecast, Projected Income Statement, Projected Balance Sheet, Fixed versus Flexible Budgets
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Capital Investment Appraisal
Payback, Accounting Rate of Return, NPV, IRR - Calculation, Positive and Negative Aspects, Time Value of Money, Qualitative Factors.
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Sources of Finance
Sources of finance available for short, medium and long-term needs. Associated positive and negative aspects of each.
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Working Capital Management
Cash, Inventories, Receivables,Payables, Cash Operating Cycle - Issues and Calculation.
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C-V-P Analysis
Cost Classification, Break-even Point, Contribution, C/S Ratio, Margin of Safety, Assumptions of CVP Analysis.
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Module Assessment
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Assessment Breakdown | % |
Course Work | 40.00% |
Final Examination | 60.00% |
Module Special Regulation |
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AssessmentsFull Time On Campus
Reassessment Requirement |
A repeat examination
Reassessment of this module will consist of a repeat examination. It is possible that there will also be a requirement to be reassessed in a coursework element.
|
DKIT reserves the right to alter the nature and timings of assessment
Module Workload
Workload: Full Time On Campus |
Workload Type |
Contact Type |
Workload Description |
Frequency |
Average Weekly Learner Workload |
Hours |
Lecture |
Contact |
No Description |
Every Week |
2.00 |
2 |
Practical |
Contact |
Computer Laboratory - Financial Spreadsheet Analysis |
Every Week |
1.00 |
1 |
Directed Reading |
Non Contact |
No Description |
Every Week |
3.00 |
3 |
Independent Study |
Non Contact |
No Description |
Every Week |
3.00 |
3 |
Total Weekly Learner Workload |
9.00 |
Total Weekly Contact Hours |
3.00 |
This module has no Part Time On Campus workload. |
Module Resources
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Recommended Book Resources |
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John Dyson. (2010), Accounting for Non-Accounting Students, 8th. Pearson, [ISBN: 9780273722977].
| Supplementary Book Resources |
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Peter Atrill and Eddie McLaney. (2012), Accounting and Finance for Non-Specialists, 8th. Pearson, [ISBN: 9780273778035].
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Gail Sheppard. (2011), Management Accounting - A Practical Approach, 1st. Gill and Macmillan, [ISBN: 9780717149964].
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Colin Drury. (2011), Cost and Management Accounting - An Introduciton, 7th. Centage Learning, [ISBN: 9781408032138].
| Supplementary Article/Paper Resources |
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-
Journals/News, Financial Times, Irish Times, Financial
Management (CIMA), Accounting and
Finance, Harvard Business Review.
| Other Resources |
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Websites, www.irishtimes.com, www.ft.com,
www.cimaglobal.com, www.cpaireland.ie,
www.accaglobal.com,
www.drury-online.com,www.gillmacmillan.i
e.
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