- Dr Andrew Hemmings (Principal Lecturer - Royal Agricultural University)
|Delivery Type||Delivery length / details|
|Practical||6 x 3 Hour Practicals|
|Lecture||11 x 2 Hour Lectures|
|Assessment Type||Assessment length / details||Proportion|
|Semester Assessment||Controlled time term assignment (3 hours)||30%|
|Semester Assessment||Case study (3000 words)||70%|
|Supplementary Assessment||Students must take elements of assessment equivalent to those that led to failure of the module.||100%|
On successful completion of this module students should be able to:
1. Describe activities associated with the financial management of equine businesses.
2. Construct, interpret and analyse a set of financial statements.
3. Discuss the complexity of different trading structures and business taxation.
4. Discuss the informational requirements of investors and financial institutions in lending.
This object of this module is to introduce students to aspects of equine business management, accounts construction, decision making, taxation, uncertainty and business distress and failure. Alternative structures for equestrian ventures and investment appraisal will be introduced.
Introduction, overview of management and account users
Terminology, capital/trading items; Adjustments & deprn
Balance sheet construction
Gross & net margins and benchmarking
Intro to taxation & income, business and capital taxes
Decision making and investment
Business finance and cash flows
Business distress and business strategy
|Skills Type||Skills details|
|Application of Number||This will form part of the coursework.|
|Communication||The written reports will develop literacy and communication skills.|
|Improving own Learning and Performance||Through assignments and self-directed study.|
|Information Technology||In preparation of assignment work .|
|Personal Development and Career planning||Through insight into relevant industry practices.|
|Problem solving||This will form part of coursework set.|
|Research skills||Students will gain research experience in addition to the completion of coursework.|
|Subject Specific Skills||Subject relates to equine business.|
|Team work||Not directly developed in this module.|
This module is at CQFW Level 5