Governance, Ethics and Law
This unit will provide an introduction to the legal and ethical backdrop in which finance professionals operate. It will consider the formation of companies and legal entities, and the rules governing this. It will also demonstrate the importance of ethical behaviour, linking to ethical scandals and poor corporate behaviour.
This module will cover all aspects of business law that are relevant to a professional accountant, such as corporate law, negligence and insolvency. The basic principles of employment law will also be considered.
Continuing Professional Development
Building on the Personal and Professional Development module at Level 4, this unit will continue to develop the ‘soft skills’ required by employers. Students will have the option to engage in mock employability tasks and develop their own professional skills. Engagement in departmental employability events will be an integral component of this unit.
Financial Reporting and Assurance
This unit builds on the Fundamentals of Financial Accounting at Level 4. It introduces new and more complex accounting standards, and the full preparation of full financial statements. The unit also considers how financial information can be analysed, and the relevance of this. In addition, this unit will consider the concept of assurance, and how this operates in practice. Students will study the fundamentals of an audit, and the significance of this for companies.
This unit will consider the wider environment in which businesses operate, and the strategies adopted to promote success. Basic strategic tools will be considered, and the importance of this to corporate success will be evaluated.
This unit covers the goals and decision of organisations, the market system and competitive process, the financial system and the macroeconomic context of business. This is contextualised to consider the relevance of this for those operating in the financial sphere.
This unit will begin to embed the key digital skills required in the rapidly evolving digital world. The unit will utilise a variety of software and consider both how technology can be used to generate, and present, relevant information.
Fundamentals of Management Accounting
This unit will cover the fundamentals of management accounting such as cost classification and behaviour, costing methods and decision-making techniques. The unit will introduce the fundamental principles used by management to plan, control and make decisions.
Personal and Professional Development
This unit provides students with the ‘soft skills’ required to begin their career planning and consider future career choices. The unit will look at both personal development e.g. resilience, personal learning styles, and professional development e.g. CVs, presentation skills.
This unit will provide students with the mathematical and analytical skills required for future finance professionals. The application of analytics to business mathematics will be considered, alongside the development of IT skills in the key area of excel.
Fundamentals of Financial Accounting
This unit provides an introduction to the concepts of financial accounting including recording fundamental transactions and preparing simple financial transactions. The fundamental principles underpinning financial accounting will be covered, along with recording transactions for several key areas. The unit will also cover the preparation of extracts of key financial statements.