Skip to main content

University of Exeter Business School

Accounting for Managerial Decision Making

Module titleAccounting for Managerial Decision Making
Module codeBEAM081Z
Academic year2023/4
Module staff

Dr Thaer Alhalabi (Convenor)

Duration: Term123
Duration: Weeks


Number students taking module (anticipated)


Module description

A career in International Business requires literacy in accounting practice. This course is designed to give you a broad-based understanding of accounting theory and the practices of accountancy. You will become familiar with accountancy tools as well as reporting mechanisms. This course will help to build foundational knowledge in accounting that will help you to better understand financial reporting as well as the ability to interpret accounting data. BEAM081Z recognises that good managers need to be able to appreciate and use a variety of accounting information and techniques with professional scepticism in business decision-making.

Module aims - intentions of the module

The module aims to give you an understanding of the basic concepts relating to the preparation of financial statements and techniques for using financial statements to make business decisions. This includes a brief introduction to the use of financial statements in investment processes and the relevance of assurance-related services.

The overall aim of the module is to enable you to understand:

  • the rationale for preparing financial statements in conformance with International Financial Reporting Standards;
  • how financial statements are used by providers of financial capital to make investment decisions and
  • how the audit of financial statements enhances their relevance and reliability.

Intended Learning Outcomes (ILOs)

ILO: Module-specific skills

On successfully completing the module you will be able to...

  • 1. explain the role and importance of financial statements;
  • 2. critically evaluate and discuss the financial position, performance and cash flows of a profit-orientated entity using suitable qualitative and quantitative methods;
  • 3. discuss and explain the limitations of financial statement analysis including the need to incorporate social and environmental factors into investment decisions and
  • 4. recommend, with appropriate justification, whether or not to invest in a profit-orientated entity.

ILO: Discipline-specific skills

On successfully completing the module you will be able to...

  • 5. discuss and apply accounting standards and methods for analysing accounting information and
  • 6. evaluate the financial position, performance and cash flows of profit-orientated organisations.

ILO: Personal and key skills

On successfully completing the module you will be able to...

  • 7. demonstrate written and oral communication skills;
  • 8. demonstrate problem solving skills;
  • 9. analyse structured information systematically and critically.

Syllabus plan

  • The business objective and different forms of businesses
  • The core elements of financial statements
  • The accounting equation and financial record keeping
  • Accounting for incomes, expenses, assets, liabilities and equity
  • Common methods used to analyse financial statements
  • Incorporating social and environmental factors into business analyses
  • Segmental and interim financial statements
  • Introduction to the audit of financial statements
  • Research on the value relevance of financial, environmental and social reporting.

Learning activities and teaching methods (given in hours of study time)

Scheduled Learning and Teaching ActivitiesGuided independent studyPlacement / study abroad

Details of learning activities and teaching methods

CategoryHours of study timeDescription
Scheduled asynchronous learning and teaching activities 100Lectures and skill-based workshops.
Guided Independent Study200Reading, researching and writing assignments

Formative assessment

Form of assessmentSize of the assessment (eg length / duration)ILOs assessedFeedback method
Assigned work for pre-recorded working examples 3 hrs preparation by the students1-9In class and suggested solutions on learning platform

Summative assessment (% of credit)

CourseworkWritten examsPractical exams

Details of summative assessment

Form of assessment% of creditSize of the assessment (eg length / duration)ILOs assessedFeedback method
Written Assignment 1005000 words or equivalent1-9Written feedback provided on online platform summarising performance and key areas for improvement

Details of re-assessment (where required by referral or deferral)

Original form of assessmentForm of re-assessmentILOs re-assessedTimescale for re-assessment
Written Assignment Written Assignment (5000 words) 1-9Re-Assessment Period

Indicative learning resources - Basic reading

  • Supplied course material
  • Understanding Financial Accounting

Indicative learning resources - Web based and electronic resources

ELE – College to provide hyperlink to appropriate pages

Indicative learning resources - Other resources

A Concepts-Based Introduction to Financial Accounting, 6th Edition, Juta and Associates

Key words search

Accounting, Financial Accounting, Financial Statements, Incomes, Expenses, Assets, Liabilities, Equity

Credit value30
Module ECTS


Available as distance learning?


Origin date


Last revision date