Accounting and Finance for Engineers

Learning Outcomes

Knowledge and Understanding

Having successfully completed this module, you will be able to demonstrate knowledge and understanding of:

• the importance of capital structure and dividend policy decisions;
• the assumptions underlying the preparation, interpretation and analysis of the Income Statement, Balance Sheet and Cash Flow Statement;
• cost analysis in the context of short and long term decision making and the use of discounted cash flow analysis;
• financial strategy including capital structure, dividend policy and corporate governance of firms.
• the purpose, limitations, layout and presentation of financial statements;

Subject Specific Intellectual and Research Skills

Having successfully completed this module you will be able to:

• evaluate the processes by which the value of both real and financial assets can be estimated;
• appraise the role financial strategy within the business model of a firm.
• evaluate the competing theories on the roles of dividend policy and the debt-equity mix in the determination of firm value;
• understand the role of accounting information in the collection, collation, decision making and analysis of business performance;

Transferable and Generic Skills

Having successfully completed this module you will be able to:

• benefit from improved skills in learning, problem solving, numeracy written communication and self management.

Formative

This is how we’ll give you feedback as you are learning. It is not a formal test or exam.

Problem solving

• Assessment Type: Formative
• Feedback: Formative feedback will be provided during the lecture and classes on the students’ performance in problem solving exercises and multiple choice questions.
• Final Assessment: No
• Group Work: No

Summative

This is how we’ll formally assess what you have learned in this module.

Referral

This is how we’ll assess you if you don’t meet the criteria to pass this module.

Repeat

An internal repeat is where you take all of your modules again, including any you passed. An external repeat is where you only re-take the modules you failed.