MENT6200
Financial Dimensions Of Management
10 Units
Not available in 2014
Previously offered in 2005, 2004
Addresses financial calculation in general and accounting, in particular, as forms of managerial instrumentation providing data which are indicative of salient financial characteristics of enterprises. Develops an appreciation of the need for financial planning, accountability and assessing mechanisms, and an understanding of the financial dimensions of management through case-study reference to extant practice.
| Objectives | The objectives of this course are to ensure that students can: 1. analyse and interpret financial statements 2. identify and utilise a range of data to make business decisions 3. measure risk and return on capital investments 4. evaluate investments in non-current assets 5. discuss the uses of management accounting for business decisions |
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| Content | 1. Classification of the primary financial characteristics of business entities 2. Traditional financial indicators 3. Financial instrumentation, public vs private sector financial dimensions 4. Contestable appropriations of private sector criteria for industry specific settings 5. Serviceability of traditional financial indicators in their traditional corporate setting 6. Cost concepts and cost structures 7. Budgeting principles and practice 8. Budgetary participation 9. Generic tests of financial structure and stability 10. Reconciliation of theory and practice 11. Determination of business specific financial data needs 12. Development of industry specific financial instrumentation, assessment modes and criteria norms and benchmarks |
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| Replacing Course(s) | NA | ||||||
| Transition | NA | ||||||
| Industrial Experience | 0 | ||||||
| Assumed Knowledge | None. | ||||||
| Modes of Delivery | Internal Mode | ||||||
| Teaching Methods | Lecture
Tutorial |
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| Assessment Items |
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| Contact Hours | Lecture: for 2 hour(s) per Week for Full Term |