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University of Exeter Business School

Accounting for International Managers

Module titleAccounting for International Managers
Module codeBEAM045
Academic year2023/4
Module staff

Dr Jiaoshan/ Sophie Li (Lecturer)

Dr Thaer Alhalabi (Lecturer)

Duration: Term123
Duration: Weeks

11 - Sept start

9 - Jan start

Number students taking module (anticipated)


Module description


Managers are constantly making decisions which have financial consequences: How much to charge for X? How much does Y cost to make? How much profit could be made if…? Should there be investment into this new venture, product, or market?

Questions are always being asked by a wide range of stakeholders: How successful is the business? Should I invest in it? Work for it? Buy from it? Sell to it? Lend to it?

Management and financial accounting information supports internal and external business decision-making by all those with an interest and influence.

BEAM045 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.

This module also introduces and encourages skills in providing and professionally communicating content that is relevant and understandable to a range of non-financial clients.

Additional Information:


  • The concepts and techniques explored in this module have global application; Learning is undertaken in international context and students are encouraged to share knowledge and experiences from their own and other countries.

Ethics and Corporate Responsibility:

  • These are embedded within all topics studied: concepts and techniques are taught to reflect that it is the responsibility of all organisations to make ethical financial decisions and actions and to provide financial information so that stakeholders can make their own informed decisions.


  • The module is taught and assessed to develop awareness, understanding, and active appreciation of how to use accounting as part of business decision-making and performance evaluation.  It aims to facilitate intelligent verbal and written conversations, both with accountants and other managers.
  • A wide range of common accounting tools and concepts are introduced and used.
  • Assessment requires written professional communication and recommendations based upon accounting outcomes, plus other decision-making considerations. Group discussion and information-sharing in study is actively encouraged.
  • The module content is linked with accreditation to CMI (Chartered Management Institute) and ICAEW (Institute or Chartered Accountants in England and Wales) professional bodies examinations.


Resources for this module are available in a variety of web-based formats. 

Module aims - intentions of the module

BEAM045 is not intended to turn students into accountants; it is taught from a manager perspective and aims to provide a broad and useful appreciation of how to benefit from understanding and applying accounting information and tools as part of decision-making processes and frameworks. The module also provides opportunity to develop and practice skills in research, analysis, and evaluation, and to be able to effectively communicate to other stakeholders with professional scepticism.

Intended Learning Outcomes (ILOs)

ILO: Module-specific skills

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

  • 1. Use and appraise accounting outcomes alongside a wide range of quantitative and qualitative information as part of business decision-making;
  • 2. Communicate client-relevant information and recommendations, based upon financial and management accounting analysis and advise on further considerations in the wider decision and business context.

ILO: Discipline-specific skills

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

  • 3. Consider and actively understand the accounting and finance contexts within which managers act, to be able to create value towards optimising business success;
  • 4. Explain what the financial statements in an annual report represent and summarise, explain the common components; and interpret and advise upon the information provided for stakeholder decision-making;
  • 5. Use common accounting tools and measures with full appreciation of their usefulness in a range of both short-term and long-term decision-making contexts.

ILO: Personal and key skills

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

  • 6. Identify, structure and analyse a range of available information to provide creative, credible, and pragmatic evaluations and solutions with professional scepticism;
  • 7. Summarise and communicate recommendations, reasons, and reservations in formats relevant and appropriate to the recipient and other relevant non-specialist stakeholders;
  • 8. Work in both individual and team-based contexts, using a variety of tools and formats, and co-ordinating a range of skills and practices to achieve client-based objectives;
  • 9. Build confidence in using own perspective, views and ideas to understanding problems and opportunities, and in appreciating the working styles and value of others’ contributions to improving business success.

Syllabus plan

  • Purpose, context, and presentation of financial information
  • Analysis and interpretation of financial statements for stakeholder decision making
  • Cash management and Financing
  • Pricing and Costing
  • Accounting tools for short- and long-run decision making
  • Planning and evaluating internal performance

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 Learning and Teaching20Large Group Sessions
Scheduled Learning and Teaching5Tutorials (Small Group Sessions)
Guided Independent Study 125Videocasts / Topic Documents, Guided study(reading activities, web-based resources, practice questions; formative assessment)

Formative assessment

Form of assessmentSize of the assessment (eg length / duration)ILOs assessedFeedback method
Assigned guided work 2 hrs preparation / review; 1 hr in-class discussion 1-9Suggestions and guidance. Discussions in tutorials.

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
Group Evaluation Report 401,500 words1-9Mark and feedback form criteria
Examination602 hours1-7Suggested solutions and general exam feedback

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

Original form of assessmentForm of re-assessmentILOs re-assessedTimescale for re-assessment
Group Evaluation Report (40%)Individual Evaluation Report (40%) (1,500 words)1-9August/September Reassessment Period
Exam (60%) Exam (60%) (2 hours)1-7August/September Reassessment Period

Indicative learning resources - Basic reading

Suggested texts to supplement individual self-study understanding (and for which guidance for study is provided):

• Dyson, J. & Franklin, E. (2020). Accounting for non-accounting students (10th ed.). Harlow, UK: Pearson
• Warner, S., Hussain, S. (2017). The Finance Book (1st Edition), FT Publishing International
• Winfield, J. (2021). Understanding Financial Accounting: A Guide for Non-specialists. Oxford University Press.

These, and many other accounting texts can be accessed within the university’s web-based and electronic resources.

Indicative learning resources - Web based and electronic resources


Indicative learning resources - Other resources

  • The common topics, concepts and tools considered in the module can be found in all accounting texts and in many articles and online resources.
  • Students are expected to supplement guided knowledge with their own reading from texts and articles as well as practitioner and real-world examples.
  • The coursework assessments require research of publicly available information.

Key words search

Accounting; managers; stakeholders; decision-making; financial statements; management accounting.

Credit value15
Module ECTS


Module pre-requisites


Module co-requisites


NQF level (module)


Available as distance learning?


Origin date


Last revision date