Aims

A1. To equip students with a basic knowledge of financial accounting, management accounting, finance and business law
A2. To ensure students understand the functions of their roles in businesses.

Outline Of Syllabus

1. Company law: types of business, shareholders, directors, memorandum and articles of association
2. Contract law: law of contract including sale of goods, law of negligence including product liability, dispute resolution in the UK and Singapore
3. Costing, management accounting and cash flow: costing concepts, direct and indirect costs, break-even analysis, cost budgets, components of cash flow, managing cash and working capital
4. Sources of capital, investment appraisal: equity, loan capital, banks and institutions, gearing, investment measures, capital investment, discounted cash flow
5. Financial accounting and company reporting: profit and loss, balance sheet, assets and liabilities, shareholders' funds, double entry, funds flow, directors' and auditors' reports, going concern concept, relevance, historical cost and reliability concepts.
6. Financial analysis - reading of financials of a listed company.

Teaching Rationale And Relationship

Lectures and assignments support the students' self-study in reading around the lecture material to achieve the intended knowledge outcomes (IKO1 - 5) and the associated skills (ISO1 - 5).

Assessment Rationale And Relationship

The examination will require students to demonstrate factual knowledge of the whole syllabus.

The Graduate Skills Framework entries indicated as 'A' are also assessed in this way.