Presented by
Mizan
Rehman
Senior
Lecturer
Accounting
& Finance
Introduction to Managing
Finance UMAD47-15-M
Aims & objectives of the module
• This module aims to introduce students to
accounting & finance function and information it
produces, especially for managers.
• It will enables students to understand financial
information and how to use it for management
purposes. This will be carried out by applying
various accounting techniques and processes on
classroom exercises and data set from the real
world.
Aims & objectives of the module
• It will develop research skills which will enable
students to locate, extract, manipulate and
analyse financial data and to present the finding
in a professional manner.
• It will enhance IT skills of students by
introducing softwares which are used by
accounting and finance professionals.
Please note that this module does not
aims to make you an accountants but
enable you to interact with them and use
the information which they produce for
management.
Topics covered
• Financial statements & principles of financial
reporting.
• Financial ratios
• Marginal and absorption costing and the contribution
approach.
• Activity based costing (ABC).
• Decision making techniques.
• Investment appraisal
• Budgeting processes.
• The balanced scorecard and other measurement
frameworks.
Assessments
• MCQ Exam
This will be conducted in one of the scheduled
classes during the term. There will be 25 short
multiple choice questions with one hour
completion time.
• Business Report
This is a 2000 words report which need to focus
on the techniques taught in the classes. The
submission will be during the assessment
period.
Assessments
Detailed information on the assessments will
be provided well before the assessment
deadlines and generally there is a lot of
discussion in the classes to give clear
guidelines on assessments and how to
perform well.
Preliminary advice
• Reading
• Materials
• Calculator
• Laptop or a Tablet with a Spreadsheet software
• Spreadsheet skills
• Learn quickly
• Willingness to work on weaknesses