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Module

ACC1052 : The Financial Environment

  • Offered for Year: 2024/25
  • Module Leader(s): Dr Kirsty Munro
  • Owning School: Newcastle University Business School
  • Teaching Location: Newcastle City Campus
Semesters

Your programme is made up of credits, the total differs on programme to programme.

Semester 1 Credit Value: 10
Semester 2 Credit Value: 10
ECTS Credits: 10.0
European Credit Transfer System

Aims

The module aims to provide an introduction to sustainability, why it is relevant to business and key elements surrounding this including nature, supply chain and risk management. The module also introduces Corporate Governance using relevant frameworks and context and as a basis for study in future stages on the NN14/NN49 programmes. Use will be made of case study material developed by the ICAEW, for which we have a licence, to demonstrate the practical application of corporate governance. The module also has a skills development element, including communication, teamwork and ethical awareness thereby contributing to the development of skills relevant to professional practice and helping to prepare students for the professional placements in stages two to four.

Outline Of Syllabus

•       Overview of the key sustainability crises of our time (climate change; biodiversity loss; inequality)
•       Introduce why sustainability is relevant to a commercial organisation (risks and opportunities)
•       Explore the relevance of sustainable supply chains
•       Overview of the sustainability regulations and reporting landscape
•       Application of the Corporate Governance framework to case studies
•       Development of Skills Relevant to Professional Practice

Teaching Methods

Teaching Activities
Category Activity Number Length Student Hours Comment
Scheduled Learning And Teaching ActivitiesLecture281:0028:00Sessions may be scheduled as one or two hour sessions according to the lecture material PIP
Guided Independent StudyAssessment preparation and completion160:0060:00N/A
Guided Independent StudyDirected research and reading166:0066:00N/A
Guided Independent StudyIndependent study138:0038:00N/A
Scheduled Learning And Teaching ActivitiesScheduled on-line contact time51:005:00Online sessions
Scheduled Learning And Teaching ActivitiesScheduled on-line contact time31:003:00Placement office networking and Q&A
Total200:00
Teaching Rationale And Relationship

Lecture materials will be used to introduce and develop material. Sessions will be used to introduce case studies which students can then use to develop skills of team-working and communication. These skills will be demonstrated through the preparation of a group presentation which will comprise 25% of the assessment of the module. Specific guidance on the development of relevant skills will be given to students across all teaching.

Assessment Methods

The format of resits will be determined by the Board of Examiners

Other Assessment
Description Semester When Set Percentage Comment
Prof skill assessmnt2M80Group Report and Presentation
Reflective log2A20Individual Reflective Piece
Formative Assessments

Formative Assessment is an assessment which develops your skills in being assessed, allows for you to receive feedback, and prepares you for being assessed. However, it does not count to your final mark.

Description Semester When Set Comment
Written exercise1MQ and A and review of written exercise in class
Written exercise2MQ and A and review of written exercise in class
Assessment Rationale And Relationship

The module introduces climate change and sustainability. The module will allow students to consider the interdependence of the economic value of the planet and that resources are finite. It will also explore the ways in which business can harm the planet, but also be a force for positive action.

It also has a skills element contributing to the development of skills relevant to professional practice and helping to prepare students for the professional placements in stages two to four. These two elements form the basis of the assessment. Knowledge, understanding and application of concepts and principles will be assessed in the written group report. The development of relevant skills will be assessed in a group presentation. The report and presentation topic will require students to demonstrate knowledge and understanding of relevant subject material.

Reading Lists

Timetable