This module focuses on the specific accounting and management issues that affect entrepreneurial and smaller enterprises. There are special legal and accounting requirements for smaller businesses as well as unique financing opportunities which are considered. Knowledge gained from other modules is also applied to small business scenarios. The module also reinforces the knowledge and skills developed during the Business Experience programme, and highlights their importance in the world of enterprise.
On successful completion of the module, students will be able to:
This module is taught in a single teaching block through seven hours of weekly class contact. The class sessions will draw upon theory and techniques and enable students to discuss and apply knowledge to small business situations.
Due to the experiential nature of the learning on this degree, and the importance of professional development enabling students to develop practical skills, learn from and interact with others, attendance is compulsory. Any students not attending a minimum of 80% of their timetabled sessions will be at risk of academic failure or termination from the course.
| Definitive UNISTATS Category | Indicative Description | Hours |
|---|---|---|
| Scheduled learning and teaching | There will normally be seven hours of class contact per teaching week, incorporating lecture delivery and student discussion and activities | 63 |
| Guided independent study | 237 | |
| Total (number of credits x 10) | 300 | |
Summative assessment will take the form of coursework and an exam. The coursework will comprise two short narrative assignments of no more than 1,000 words each. The first will consider alternative financing arrangements and/or the management of working capital, and the second will consider regulation and ethics and the application of ethical guidelines.
The examination will be of three hours duration and will assess knowledge and application of financial and management accounting techniques as well as the management and control of working capital and risk.
| Learning Outcome | Assessment Strategy |
|---|---|
| 1) Advise on enterprise finance and financial management including the raising and management of working capital | Coursework |
| 2) Employ costing and pricing techniques to gain competitive market advantage | Exam |
| 3) Identify and explain the relevant regulatory and ethical considerations and apply ethical judgement to enterprise scenarios | Exam |
| 4) Prepare financial reports and analyse enterprise performance | Coursework |
| 5) Apply strategic, management and leadership skills to enhance enterprise growth | Exam |
| Description of Assessment | Definitive UNISTATS Categories | Percentage |
|---|---|---|
| Two equally weighted pieces of individual coursework | Coursework | 30% |
| 3-hour exam | Written exam | 70% |
| Total (to equal 100%) | 100% | |
It IS NOT a requirement that any major assessment category is passed separately in order to achieve an overall pass for the module.
To be confirmed