BUSI41515: FINANCIAL PLANNING AND CONTROL (ONLINE)

• None.

• None.

• None.

• To build on the core module "Managing Finance" by:
• developing students' understanding of the financial control processes of business and their systems context introduced in the core theme;
• providing students with the ability to evaluate alternative mechanisms to deliver information for management control and decision making;
• providing students with a critical understanding of the centrality of management accounting information to wealth creation.

• Understanding Cost Behaviour
• Short Term Budgeting
• Resource Allocation and Capacity Costs
• Activity Based Costing Systems and Activity Based Management
• Financial Measures of Performance, International Dimensions
• Balanced Scorecard
• Incentive Measures and Performance

Subject-specific Knowledge:

• By the end of the module students will have:
• a knowledge of the behaviour of costs;
• a critical understanding of the context of the information needs of management;
• explored and have an appreciation of recent academic literature and its implications for current management practice;
• a critical understanding of the impact of management accounting on key strategic issues faced by organisations;
• developed an appreciation of the limitations in application of wealth creation models.

Subject-specific Skills:

• By the end of the module students will have:
• the ability to critically evaluate the role of budgeting in effective management control.

Key Skills:

• Written communication; planning, organising and time management; problem solving and analysis; using initiative; computer literacy.

• The module is delivered via online learning, divided up into study weeks with specially produced resources within each week. Resources vary according to the learning outcomes but normally include: video content, directed reading, reflection through activities, opportunities for self-assessment and peer-to-peer learning within a tutor-facilitated discussion board. Tutors provide feedback on formative work and facilitate discussion board communication as well as being available for individual consultation as necessary (usually by email and Skype).
• The summative assessment of the module is designed to test the acquisition and articulation of knowledge and critical understanding, and skills of application and interpretation within the business context.

If you have a question about Durham's modular degree programmes, please visit our Help page. If you have a question about modular programmes that is not covered by the Help page, or a query about the on-line Postgraduate Module Handbook, please contact us.

Prospective Students: If you have a query about a specific module or degree programme, please Ask Us.

Current Students: Please contact your department.