Module Information
Course Delivery
| Delivery Type | Delivery length / details |
|---|---|
| Lecture | 1 x 2 hour lecture per week |
| Practical | 8 x 3 hour practicals over two semesters |
Assessment
| Assessment Type | Assessment length / details | Proportion |
|---|---|---|
| Semester Assessment | Financial statement exercise Outcomes assessed: 1, 2 | 20% |
| Semester Assessment | Business development plan Outcomes assessed: 1, 2, 3,4, 5 | 80% |
| Supplementary Assessment | Re-submit revised business plan based on alternative data | 100% |
Learning Outcomes
On successful completion of this module, students should be able to:
Outcome 1
Preparation of a business plan
Outcome 2
Interpret and analyse a set of financial statements
Outcome 3
Prepare an Investment plan, including appraisal and selection of appropriate finance
Outcome 4
Recognise the functions and scope of UK taxation.
Outcome 5
Identify the merits of different business structures
Brief description
Business planning, decision making, taxation and investment appraisal are all essential aspects of management and necessary for successful business control. This module provides a comprehensive understanding of the concepts and principles involved in managing a business and incorporates analysing and solving business problems. In addition this module provides students with appraisal techniques essential for managers in planning and controlling the business.
Reading List
Barnard A and Nix J (1979) Farm planning and control CUP Primo search Norman and Coote The farm business Primo search Secrett M (1993) Mastering Spreadsheet Budgets and Forecasts - A Practical Guide Primo search Throup, G Making profits with dairy cows and quota Primo search Turner and Taylor Applied farm management Primo search Warren, M F (1998) Financial management for farmers 4th Blackwell Science Primo search Agra Europ CAP Monitor MAFF Farm incomes in the UK (published annually) Primo search Farm Business Survey (published annually) Primo search
Notes
This module is at CQFW Level 5