YEAR 2

Semesters 1 & 2

  • AB21120
    Intermediate Financial Accounting

    This module examines the preparation of company accounts, and of the calculation of particular items included within those accounts. It provides an introduction to the layout of company accounts, and an appreciation of some of the contentious issues relating to their preparation, including valuation methods and the accurate measurement of resources. The module covers the measurement of income and wealth, in relation to current financial reporting practices with respect to asset valuation and profit measurement.
  • AB21220
    Intermediate Management Accounting
    This module extends knowledge of management accounting concepts and techniques and develops operational research models with management accounting applications. The module focuses upon aspects of accounting which support the exercise of management control and decision making. A grounding in costing techniques provides the foundation for accounting techniques appropriate to pricing and strategic decision making, cost management, planning and control. An analysis of the uses and limitations of management accounting techniques in theory and practice, and supports the critical analysis of specific accounting problems and the broader role of accounting.
  • AB21320
    Corporate Governance, Risk and Ethics
    This module provides a thorough treatment of (i) the governance of organizations in the broad context of agency and stakeholder relationships, focusing on the roles and responsibilities of corporate officers, and the processes of accounting and auditing as support and control mechanisms; (ii) the identification, assessment and mitigation/control of risk as a key aspect of responsible management; (iii) ethical frameworks and professional values; and (iv) earnings and image manipulation. There is coverage of recent/topical accounting and business scandals, and developments in corporate governance and responsibility.
  • AB21420
    Corporate Finance and Financial Markets

    This module provides a thorough treatment of financial markets and institutions; and the key financial issues faced by the directors and managers of firms, including the cost of capital and capital structure, dividend policy, taxation, leasing (versus borrow and purchase) policy, working capital management, accounting-based valuation, and financial distress prediction. The module examines the context in which decisions on these issues are made, and analyses relevant controversies and debates.
  • AB21720
    Business Law for Managers
  • AB21520
    Taxation

    This module provides an understanding of the principles underlying the design of an effective taxation system, an introduction to the UK Tax system, deferred taxation and an appreciation of the current policy issues in taxation, including public and private sector financing. The module focuses on six main aspects: the economic characteristics and assessment of effective tax system design; a broad description of the UK tax system; international considerations including tax co-ordination, competition and the taxation of e-commerce; conceptual issues in tax planning and the impact of taxation on capital markets; deferred taxation and public and private sector financing.

Or

  • AB21620
    Theory and Practice of Auditing

    This module examines the role and practice of audit in both private and public sectors, in the context of modes of regulation and the dominant corporate governance framework. It provides an overview of audit practice, relevant to those interested in a career in auditing or accounting, while the contemporary issues it addresses are of interest to a wider spectrum of professionals and others using audited information.  

YEAR 3

Semesters 1 & 2   

  • AB31220
    Advanced Management Accounting
    This module explores theoretical issues and practical developments which impinge on management accounting practice, including the role of management accounting, cost management, budgeting, evaluating and managing performance and strategic management accounting. The module focuses on further developing management accounting decision-making skills, with emphasis on uncertainty, and the evaluation of competitive advantage. The module examines the role of management accounting in strategic planning and control, and its linkage to strategic management, budgetary control systems, and various performance management and measurement frameworks.
  • AB31320
    Investments and Financial Instruments
    This module provides a thorough treatment of (i) the characteristics, attributes, uses, valuation, behaviour, trading and development of key investment instruments; (ii) the investment problem and investment decision making; and (iii) investment risk management. From a foundation in theory, we use discursive and numerical approaches to unlock this fascinating area. The themes of value, return and risk run throughout the module.
  • AB31420
    Accounting and Finance: Analysis and Application
    Using high-level business analysis, a topical case study develops and offers opportunities to apply analytical and presentation skills. In the interactive written group case study game, participants act as directors running a company making regular decisions. The board is required to react to events on a weekly basis over the duration of the game. The module consolidates technical knowledge by requiring participants to make key decisions after performing appropriate analyses of detailed information about their company and its environment.
  • AB31520
    Taxation

    This module provides an understanding of the principles underlying the design of an effective taxation system, an introduction to the UK Tax system, deferred taxation and an appreciation of the current policy issues in taxation, including public and private sector financing. The module focuses on six main aspects: the economic characteristics and assessment of effective tax system design; a broad description of the UK tax system; international considerations including tax co-ordination, competition and the taxation of e-commerce; conceptual issues in tax planning and the impact of taxation on capital markets; deferred taxation and public and private sector financing.

Or

  • AB31620
    Theory and Practice of Auditing (approved ABS option)

    This module examines the role and practice of audit in both private and public sectors, in the context of modes of regulation and the dominant corporate governance framework. It provides an overview of audit practice, relevant to those interested in a career in auditing or accounting, while the contemporary issues it addresses are of interest to a wider spectrum of professionals and others using audited information.  

Semester 2        

  • AB31120
    Advanced Financial Accounting
    The majority of large business organisations are groups, comprising of several or many companies under common ownership. In reporting on the activities, position and performance of such organisations, a combination of the financial reports of the individual group companies is necessary. This module introduces the conceptual and regulatory issues involved in this process and the actual techniques of group accounting. The module also addresses accounting for foreign currency transactions and translation, as required when groups or companies have activities/companies located overseas.

 

* Module is available with Welsh-medium lectures and tutorials.

International English Centre (IEC) options are available to international students only.