This unit will develop the understanding of conceptual frameworks and accounting theories and their application in the current business environment. It will develop your knowledge of accounting standards, group reporting and corporate analysis in complex environments. You will develop and appreciation of the common ethical, professional judgement and governance scenarios in which a professional accountant operates.
Business Environment and Operations
This unit provides you with a holistic view of management across the organisation in particular the role of the management accountant. The unit builds on important concepts from management account studies and ethics, and includes strategic options, skills and issues the accountant would be exposed to in an organisational environment. Your studies will cover topics such as identifying types of competitive environment, developing strategies, CSR and ethics, the marketing environment, developments in strategic management; you will be learning the tools and techniques of project management including the role of a project manager. In addition to the competitive environment and project management you will also learn the concepts associated with the effective operation of an organisation and the various approaches of management and leadership, including the activities associated with managing people.
Corporate Financial Management
This unit provides a framework to allow you to appreciate the issues involved in corporate financial management. It examines the basic principles of financial management and applies them to the main decisions faced by financial managers. The unit covers the following topic areas; The objectives of financial management, Time Value of Money, Valuation Bonds / Company, Cost of Capital, Portfolio Theory, CAPM, Efficient Markets Hypothesis, Dividend Theory, Capital Structure, Investment Appraisal Techniques, Real Options.
Performance Management for Business
Adopting a topical real-world perspective, this unit critically considers the relevance and impact of a range of key performance management systems and techniques within a variety of organisational contexts. This unit comprises four main sections:  Designing Effective Performance Management Systems  Performance Controls - in which both traditional and balanced approaches to performance management are considered  Strategic Controls in which the theory and practice of strategic performance management are discussed; and  Topical Issues and Concerns in which the important 'current' topics of globalisation and such 'future' developments as sustainability and corporate social responsibility are highlighted.