This module introduces students to the role of accounting and finance in business, with a focus on companies. The module examines the principles of financial and management accounting; the recording of transactions; the preparation of financial statements and their analysis; the principles of cost accumulation and decision making in businesses; techniques of cost control; the management of working capital; the sources of funding and investment appraisal. The module will draw upon the financial and management accounting literature, use key theoretical concepts and problem-solving exercises to build an understanding and appreciation of accounting and financial management for firms.


The main aim of the module is to introduce students to the various traditions, concepts and techniques in accounting and financial management, and their role in decision-making in business. Further, the module aims to enable students to develop a critical understanding of these concepts and methods in practice in the context of both small and large firms.