AF6008 |
AUDITING
|
In this module, you will be taught holistically to represent the
‘real
life’
scenarios that are faced within the audit profession
Topics are viewed and taught as interrelated concepts, with the ethical
principles
of auditors (Accountability, Integrity, Objectivity, Independence,
Competence
and
Rigour, Judgement, Confidentiality) underpinning the module content
(Flint’s
postulates). The following high level topics are covered during the module:
Audit in
Context, Audit Ethics, Audit Process and Current Issues in Auditing |
CORE, 20 Credits |
AF6009 |
CONTEMPORARY ISSUES IN FINANCIAL REPORTING
|
You will learn to critically appraise, understand and apply a range of
International Financial Reporting Standards (IFRS).
The purpose of this module is for you to learn about a select number of
standards in
detail.
In many cases this involves looking beyond the technical computational
elements
of
the standard, instead focusing on areas of the standards which require the
judgement
of a professional accountant. The following
standards will be covered in the module:
• IAS38 – Intangible Assets
• IAS32 / IFRS 9 – Financial Instruments
• IFRS13 – Fair Value
• IFRS15 – Revenue Recognition from Contracts with
Customers
• IAS19 – Employee Benefits
In addition to the accounting standards mentioned above, you will learn
about
some
of the contemporary issues in financial reporting, including:
Corporate Governance and Compliance, Integrated Reporting, Sustainability
and
Carbon
Accounting, Responsible Financial Accounting, Harmonisation and Forensic
Accounting
and Fraud.
You will be assessed by means of an examination and a continuous
professional development (CPD) event.
The examination will consist of a combination of computational, discursive,
case-study and essay-based questions. The CPD event
is a simulated workshop where you will be required to present (in a group)
on a
contemporary topic in financial reporting.
This will involve you carrying out research on a topic and being able to
find
innovative and interesting ways to disseminate that
research to your peers during the workshop.
This event builds your professional skills in a number of ways: researching,
delivery of contemporary financial reporting content and innovate use of
technology.
|
CORE, 20 Credits |
AF6021 |
FINANCIAL APPRAISAL, RISK AND VALUE MANAGEMENT
|
The module aims to provide you with the knowledge and skills of
applying a
variety of investment appraisal tools to support decision making in
corporate
finance. We also examine the notion of risk and value management in the
context
of large publicly owned organisations.
All financial techniques which you will study as part of this module will be
illustrated in practical terms. The module is delivered to you using
lectures
and
seminars.
The module will lead you to the development of basic analytical skills and
confidence in handling numeric data using both mathematical derivations and
Excel.
In doing so, it will expose you to a wide range of financial techniques for
use
in
analysis and interpretation of investment appraisal problems. You will
become
aware
of the role of financial manager in the context of large publically owned
organisations.
On completing the module you will be able to select and apply the
appropriate
financial techniques to support financial appraisal and decision making in a
variety
of situations. You will have developed relevant numerical skills to support
the
theoretical material introduced throughout the module. You will create, use
and
design appropriate spreadsheet models which directly relate to the concepts
studied.
|
CORE, 20 Credits |
NX9625 |
DISSERTATION
|
The dissertation module aims to equip you with the necessary
intellectual
and
practical skills for undertaking an individual student-led, ethical
investigation into an applied business (or the named degree) problem or
issue.
In addition, the dissertation aims to equip you with key transferable,
employability
skills, including: time management, project
management, communication (written and verbal), negotiation, persuasion and
influence, discovery, initiative, creativity and innovation in
problem-solving
analysis.
The module is student-led but you are supported by, initially, lectures and
seminar-workshops which provide an introduction to undertaking
Business-Management
research followed by one-to-one or small-group supervision meetings.
|
OPTIONAL, 40 Credits |
NX9626 |
UNDERGRADUATE CONSULTANCY PROJECT
|
The module aims to provide you with an opportunity to integrate the
knowledge
acquired during the programme and apply this to a consultancy project
for a
real
organisation. This consultancy project provides a vehicle for
participants
to
develop and demonstrate key employability skills, to relate theory to
practice,
and to undertake a significant piece of assessed work commensurate with
a
capstone module.
You will work on behalf of an external organisation, which has identified a
business
problem or question, requiring a solution, working in small group of
typically 4
individuals (you will select their own team members), participating in group
and
individual activities. The host organisation will provide a project
briefing,
and
review; students will be supported by appropriate academic input and
guidance
from
Newcastle Business School in the form of a mentor and via the Business
Clinic.
|
OPTIONAL, 40 Credits |
SM9627 |
SUSTAINABLE STRATEGIES
|
In the first instance the idea of sustainable strategies can be seen
to be
about
a continuous and stable alignment between intent, formulation,
implementation
and outcome realisation for an organisation.
However, from a more comprehensive perspective it is about engaging a wide
range
of
stakeholder domains, including the players along the value chain, society,
and
the
environment. This module will provide you with a perspective on core
strategy
from
the vantage point of an organisation and the ability to analyse, formulate
and
critique business strategies. You will be able to understand and reflect on
the
scope and limitations of tools and techniques deployed to inform business
strategies
and their sustainability premises. It will, as a bolt on, impart an emphasis
for
stepping back and looking at strategies from a macro-level sustainability
perspective as is very topical and at the forefront of policy and business
concerns.
|
CORE, 20 Credits |