Highlights
Introduction
We have introduced UWLFlex – our new, online, flexible learning platform.
UWLFlex has been designed to complement face-to-face learning and build on our reputation for excellence in teaching, learning and student support. We will be able to deliver a University experience that is more collaborative, active, and relevant for an increasingly digital world thus enabling us to provide you with an improved student experience. UWLFlex will provide you with an enhanced range of online tools, to help facilitate your learning whether this takes place primarily on site or online.
In line with the UWL Flex strategy outlined above, all lectures for Accounting for Decision Makers would be made available on Blackboard as online, pre-recorded asynchronous sessions. The seminars will be conducted on campus.
Module summary content and aims
Welcome to Accounting for Decision Makers.
This Module Study Guide should provide you with an insight into the Accounting for Decision Makers module. It is important to read the Module Study Guide and, if you have any questions, then do not hesitate to contact me.
I hope that you enjoy studying Accounting for Decision Makers and I am sure that it will benefit you in your future career.
Be prepared to devote 200 hours for this module. Note that you spend 4 times as much in personal study as compared to the formal learning sessions. Please read this Module Study Guide through completely before you start to familiarise yourself with the expectations of the module and the relevant material.
This course will provide the essential knowledge of those key financial management issues and concepts that are needed by successful Managers, Executives, Directors and Consultants. The completion of this course will provide a good grasp of the key elements of Management Accounts and Statutory Financial Accounts. It will also provide a sound theoretical financial knowledge base upon which to build and acquire new and more advanced financial management skills.
All managers need a broad understanding of accounting to appreciate the financial implications of key business decisions. This module looks at both financial (external) and management (internal) accounting, covering areas such as measuring profit or loss, valuing tangible and intangible assets, contribution accounting, break-even analysis, variance analysis and evaluation of the performance of both business units and their managers.
Content of the Module:
• The workings of Accounting and Finance
• Business and capital structures
• Planning, control, and assessment of performance
Expectations
Specific expectations students can have of tutors:
1.Guidance and support
Your tutor will provide you with academic guidance and will help you reflect on your academic progress so that you get the most out of your studies. Your tutor and student support team will also provide advice on the wider network of specialist student support services at the University to help you have the best possible experience during your studies.
2.Confidentiality
Some information may be sensitive. Although it may be necessary to consult colleagues, University staff will treat such information as confidential and will limit disclosures to the minimum necessary.
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