MODULE

HANDBOOK

ACC9011M Finance and Accounting

2022-23, Term 2 (Feb cohort)

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Contents
Module Details.....................................................................................................................4

Contact Details....................................................................................................................4

Introduction..........................................................................................................................5

Learning Outcomes.............................................................................................................5

Transferable Skills...............................................................................................................5

Principles of Responsible Management Education.............................................................5

Module Delivery...............................................................................................................6
Contact Time....................................................................................................................6
Directed Study.................................................................................................................6
Independent Study...........................................................................................................7

Feedback Strategy..............................................................................................................8

Assessment Summary........................................................................................................9
Dishonesty and Plagiarism..............................................................................................9

Learning Resources............................................................................................................9
Reading............................................................................................................................9
Subject librarians...........................................................................................................10
Appendix 1 Schedule of Activity....................................................................................11

Appendix Two: Assessment Information...........................................................................13

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Lincoln International Business School (LIBS)

LIBS Vision:
To provide an innovative, scholarly learning environment based on a commitment to
responsible management practices and a global community mind-set.

LIBS Mission:
To develop socially responsible leaders ready to meet the challenges of 21st century
business.

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Module Details
Module Code: ACC9011M
Credit Rating: 15
Level: M
Subject: Various Masters  
Crisis and Disaster Management MSc 2022-23
Engineering Management MSc 2022-23
Project Management MSc 2022-23
Marketing with Luxury Brands MSc 2022-23
Marketing MSc 2022-23
Management and International Relations MSc 2022-23
International Business MSc 2022-23
International Business Economics MSc 2022-23
International Business with Pre Masters MSc 2022-23

Pre-requisites: -
Co-requisites: -
Barred Combinations: This module is not for students of MSc Finance/ MSc
Accounting/MSc Acc and Finance/MSc Int Banking
Department: Accounting Finance and Economics

Contact Details
Module Co-ordinator: Dr Geeta Lakshmi Glakshmi@lincoln.ac.uk
DCB2107 01522 835612
Admin Support: PGTadmin-business@lincoln.ac.uk
LIBS Reception
David Chiddick Building
01522 83 5509
Open: 9am – 4pm Monday - Friday

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Introduction
This module provides an introduction to financial accounting and financial management
using financial tools for decision making. It covers three areas: management accounting,
pure finance and financial accounting and is intended to acquaint a non-specialist with
financial managerial skills.

Finance and Accounting commences with concepts and techniques for costing and
break-even analysis and brings in the notion of pricing from a larger viewpoint viz. the
market as well as from a strategic management view. Later it touches on financial
analysis and budgeting and planning. It then moves on to analysing the sources of
finance.

Learning Outcomes
On completion of the module you should be able to:

LO1 Define and investigate the cost volume profit relationship within a firm.
LO2 Evaluate the role of cash and its effect on the firm and illustrate an understanding
of the time value of money.
LO3 Evaluate and explain the theoretical framework of pricing strategies.
LO4 Understand and evaluate sources of capital for a company or public body.
LO5 Critically appraise an organisation and analyse its financial health through ratios .

Transferable Skills
The module enhances your employability by developing the following transferable Work
Ready skills:

Organisation
Communication
Learning & Adaptability
Commercial Awareness
Analysing
Problem Solving

Principles of Responsible Management Education

The Lincoln International Business School is committed to the Principles of Responsible
Management Education (PRME) to develop future leaders that are socially responsible
who will create sustainable environmental and economic value.

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This module contributes to the PRME agenda (see http://www.unprme.org/resource-
docs/PRMEBrochure2018.pdf) through Principle 6 (by facilitating and supporting dialog
and debate among educators, students, business, government, consumers, media, civil
society organisations and other interested groups and stakeholders on critical issues
related to global social responsibility and sustainability); Principle 1 by developing
capabilities of students to be future generators of sustainable value for business and
society at large and to work for an inclusive and sustainable global economy.

Module Delivery
The module will be delivered by 2 weekly 1-hour lectures and 1-hour seminar. One
lecture will be face to face and the other lecture recorded for you to access. During this
time, practical examples will be presented. Students are expected to read through the
material and engage in the weekly seminar activities.

Contact Time
Thirty-six hours over the course of the term.

Directed Study
The seminars will generally be used to consolidate the material from the preceding
lectures. These seminars will include both theoretical discussions and computational
workshops. The lecture programme for the academic year is shown below, together with
the recommended minimum reading for each topic.

To derive the appropriate benefit from the lectures, you should carry out the reading
before the associated lecture. If, on any occasion, this does not prove possible, then the
reading should certainly be completed before the associated seminar(s). Copies of
lectures will be available from Blackboard.

The expectations from students include the following:

 Attendance to all timetabled classes; this is crucial for learning and assessment
performance.
 Seminar work should be attempted before meeting your tutor (you may use
private study groups to work through topics). Exam questions often are directly
related to those discussed in seminars and lectures.
 Seminars are designed to test and to reinforce learning-occasionally, it is not
possible to go through each question in detail; students are expected to do so in
their own time. Should you have any queries, these should be raised with the
Lecturer/Tutor ASAP.
 Lectures often start with a brief recap/Q & A sessions to reinforce concepts; you
are expected to participate actively in both such sessions as well as the seminars.
 You will be required to use calculators, are expected to carry one and have the
skills to use it.

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  Financial concepts can appear to be difficult to understand. It is quite normal to
experience some confusion as to how the topics relate to each other. However, do
not hesitate to put your own views across and ask questions as that will help the
learning process.
 You are welcome to record the sessions. Panopto recordings are being usedin
lectures (Not seminars)
 Review the lecture and seminar notes prior to the sessions.
 If you have not scored highly on the language requirements, please make regular
use of the English Language Centre/Library Maths support

Library Support: Subject librarian: Daren Mansfield, Dmansfield@lincoln.ac.uk ; Maths

drop in sessions are run by librarians. Contact mash@lincoln.ac.uk. Further details on
http://library.lincoln.ac.uk/learning-teaching/maths-stats/
English language support is also available for this module.

Independent Study

Module Delivery Total Hours

Lectures 24 Hours
Seminars 12 Hours
Directed Study 30 Hours
Independent Study 84 Hours
Nominal Total (15/30 CATS) 150/300

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Feedback Strategy
Receiving formative feedback during your learning is essential to ensure you are
prepared for your final assessments. To support your learning throughout the module the
following formative feedback strategies are used:
 Seminars
 Dedicated assessment support lectures
 Draft Exam Papers
 Mock Exams
 Mock Multiple Choice Questions (MCQ’s)
 One-to-one meetings with tutor

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Assessment Summary
The module is assessed
Assessment Method Weighting (%) Learning Outcome(s) Tested
70% SFA (Exam week – 15th May noon, 2023) LO1, LO2, LO3, LO4, LO5
30% In-class Test ( week commencing 1st May, in seminars) LO1, LO2,
LO3, LO4

Mock Test (w/c-6th March)

Mock Exam discussion (w/c-1stth May). Mock SFA will be released before Easter vacation to
allow students to attempt and upload.

Further instructions on Blackboard. The in-class dates will be in your seminars.

.

Dishonesty and Plagiarism

The University Regulations define plagiarism as ‘the passing off of another person’s
thoughts, ideas, writings or images as one’s own. Examples of plagiarism include the
unacknowledged use of another person’s material whether in original or summary form.
Plagiarism also includes the copying of another student’s work.

Plagiarism is a serious offence and is treated by the University as a form of dishonest

means in assessment. Students are directed to the University Regulations for details of
the procedures and penalties involved. Plagiarism is, however, easily avoided by the full
and correct use of referencing.

Learning Resources
Reading
The key text(s) for this module are:
Core
1. Atrill P and McLaney E. (2018) Management Accounting for Decision Makers,
Financial Times Prentice Hall, 9th edition.

2. Atrill P and McLaney E. (2020) Accounting and Finance: An Introduction, Pearson.

3. Watson, D. & Head, A. (2016), Corporate Finance Principles and Practice,
Pearson, 7th edition.

4. Atrill, P. & McLaney, E., (2019), Accounting and Finance for Non-Specialists,
Financial Times Management, 11th edition. Library offers 2017 edition
Optional and Wider Reading:

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Financial Times-available free for students and staff at Lincoln.
Seal W.B., Rohde, C., Garrison, R.H., and Noreen, E.W, (2019), Management
Accounting for Business Decisions, McGraw-Hill Higher Education
Foster G (1986), Financial Statement Analysis, Prentice Hall

Journal Articles

ANDRIJASEVIC, M. and PASIC, V., 2014. A Blueprint of Ratio Analysis as Information Basis of Corporation
Financial Management. Problems of Management in the 21st Century, 9(2), pp. 117-123.

MACHUGA, S., 2012. A Case Method Approach to Teaching Cost-Volume-Profit Analysis. Journal of
Accounting & Finance (2158-3625), 12(5), pp. 104-109.

ARELLANO, F. and SCOFIELD, B., 2014. A Ratio-Based Equation for Operating Leverage. Academy of
Accounting & Financial Studies Journal, 18(4), pp. 1-3.

LAKSHMI, G. and TILLEY, S., 2019. The 'power' of community renewable energy enterprises: The case of
Sustainable Hockerton Ltd., 129:787-795.

Also look at the last pages of each week’s lecture slides. There is a folder on BB titled “wider reading”

Subject librarians
Our Subject Librarians are Martin Osborne and Daren Mansfield. They can assist you
to use the catalogue, do subject searches and so on. Contact details are:
Martin Osborne’s contact details:
Work telephone: (01522) 886316
Email: mosborne@lincoln.ac.uk
Room: University Library
Daren Mansfield’s contact details:
Work telephone: (01522) 886094
Email: dmansfield@lincoln.ac.uk
Room: University Library

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Appendix 1 Schedule of Activity
Date: Week Planned Ter Taught / Lecture Materials / Topic Reading Materials Seminar
Monday Activities m Material Suggested
Commencing Week
30 Jan '23 Welcome to ACC9011M & (*1. Chapter 1, 4. & No seminar
Lecture. Introduction and 2.Chapter 4&5),
Terminology, Cash and Time
1 1 1 Value of Money 
6 Feb '23 Cost Classification  (1. Chapter 1&2),   Seminar topic 1
2 1 2 Terminology
13 Feb '23 Cost-Volume Profit (4. Chapter 7; 1. Seminar topic 2
Analysis (See above)  Chapter 3; Chapter Terminology
3 1 3 4)
20 Feb '23 Pricing Ditto Seminar topic 3 Cost
4 1 4 classification
27 Feb '23 Sources of Finance 4. Chapter 11; 3. Seminar topic 4
5 1 5 Chapter 4 & 5) C-V-P
6 Mar '23 Revision pricing and sources AS ABOVE Mock test
6 1 6 of capital
13 Mar '23 7 1 7 Feedback on Mock test Seminar topic 7 BEP
20 Mar '23 Financial Analysis I (4. Chapter 6; 2. Seminar topic 8
Chapter 4; Chapter Financial Analysis
8 1 8 7
27 Mar '23 Financial Analysis II Ditto Seminar topic 8/9
9 1 9
EASTER VACATION
17 Apr '23 Time Value of Money (4. Chapter 10; 3. Seminar 9
ONLINE Chapter 6)  
10 1 10
24 Apr '23 Time Value of (4. Chapter 10; 3. Seminar 10 Invest
11 1 11 Money/Investment Appraisal Chapter 6)  appraisal.
1 May '23 12 12 Mock SFA discussion BB Test
8 May '23 13 1 13 Revision
15-29 May Exam Period
'23 17

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 *Numbers relate to reading list texts.

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Appendix Two: Assessment Information

University of Lincoln Assessment Framework

Assessment Briefing Template 2021-2022
Assessment 1

Module Code & Title: Acc9011M

Contribution to Final Module Mark:30%
Description of Assessment Task and Purpose: Blackboard Test w/c 1 st May in seminars
Learning Outcomes Assessed:

  LO1 Define and investigate the cost volume profit relationship within a firm.  

  LO2 Evaluate the role of cash and its effect on the firm and illustrate an understanding of the time value of money.  

  LO3 Evaluate and explain the theoretical framework of pricing strategies.  

  LO4 Understand and evaluate sources of capital for a company or public body.  

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Knowledge & Skills Assessed: Knowledge: This assignment aims to assess your
understanding of basic conceptual understanding of financial function of the company

Skills: Organisation, Communication, Learning & Adaptability, Commercial Awareness, Analysis.

Assessment Submission Instructions: Blackboard Test MCQ

Date for Return of Feedback: Instant

Format for Assessment: Black board test (unseen)

Marking Criteria for Assessment: Mark for each correct answer-no negative marking

Please note that all work is assessed according to the University of Lincoln Management of Assessment
Policy and that marks awarded are provisional on Examination Board decisions (which take place at the end
of the Academic Year.
Feedback Format: Class revision

Additional Information for Completion of Assessment: NA

Assessment Support Information: Instructions on Blackboard

Important Information on Dishonesty & Plagiarism:

University of Lincoln Regulations define plagiarism as 'the passing off of another person's
thoughts, ideas, writings or images as one's own...Examples of plagiarism include the
unacknowledged use of another person's material whether in original or summary form.
Plagiarism also includes the copying of another student's work'.
Plagiarism is a serious offence and is treated by the University as a form of academic dishonesty.
Students are directed to the University Regulations for details of the procedures and penalties
involved.

For further information, see www.plagiarism.org

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University of Lincoln Assessment Framework
Assessment Briefing Template 2021- 2022
Assessment 2

Module Code & Title: Acc9011M

Contribution to Final Module Mark:70%
Description of Assessment Task and Purpose: Short Form assessment ( 15 th
May, 2023 noon to be submitted 16th May, 2023)

Learning Outcomes Assessed:

 Define and investigate the cost volume profit relationship

LO1
within a firm.

Evaluate the role of cash and its effect on the firm and
  LO2  
illustrate an understanding of the time value of money.

Evaluate and explain the theoretical framework of pricing

  LO3  
strategies.

Understand and evaluate sources of capital for a company

  LO4  
or public body.

Critically appraise an organisation and analyse its

  LO5
financial health through ratios.

Knowledge & Skills Assessed: Knowledge: This assignment aims to assess your
understanding of basic conceptual understanding of financial function of the company

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Skills: Organisation, Communication, Learning & Adaptability, Commercial
Awareness, Analysis.

Assessment Submission Instructions: Blackboard Test MCQ

Date for Return of Feedback: 3 weeks (working days)

Format for Assessment: TCA (unseen)

Marking Criteria for Assessment: Explained through Mock exam, Pass mark is
50%
Feedback Format: Class revision, Mock Exam

Additional Information for Completion of Assessment: -

Assessment Support Information: Instructions on Blackboard

Important Information on Dishonesty & Plagiarism:

University of Lincoln Regulations define plagiarism as 'the passing off of another
person's thoughts, ideas, writings or images as one's own...Examples of plagiarism
include the unacknowledged use of another person's material whether in original or
summary form. Plagiarism also includes the copying of another student's work'.
Plagiarism is a serious offence and is treated by the University as a form of academic
dishonesty. Students are directed to the University Regulations for details of the
procedures and penalties involved.

For further information, see www.plagiarism.org

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Learning 0-29 30-39 40-49 50-59 60-69 70-79 80+
Outcome/Criteria
Map
Criteria/LO1: Fails to define Demonstrates There is only There is no Inappropriate Adequate A thoughtful
and inadequate a partial clear analysis of evaluation of critique of
investigate the understanding understanding understanding Cost Volume Cost Volume Cost Volume
Cost Volume of the Cost of the Cost of the Cost Profit Profit Profit
Profit Volume Profit Volume Profit Volume Profit relationship relationship relationship
relationship relationship relationship relationship

LO2: Fails to Insufficient Some key A range of There is You have Critically and
understand discussion on points raised discussions evidence of carefully carefully
the role of the role of on the role of and analysis, discussed discuss the
cash and time cash and time cash and time evaluations of discussion and role of cash
value of value of value of the role of cash and evaluated the and time value
money money money and time value evaluation of role of cash of money
theories of money the and time value
perspectives of money
of the role of
cash and time
value of
money
LO3 Fails to Insufficient Some key A range of There is You have Critically and
understand discussion points raised discussions evidence of carefully carefully
pricing on pricing on pricing and analysis, discussed discuss
strategies strategies strategies evaluations of discussion and pricing
pricing and evaluated the strategies
strategies evaluation of pricing
pricing strategies
strategies
LO4 Fails to Insufficient Some key A range of There is You have Critically and
understand discussion points raised discussions evidence of carefully carefully
the role of on sources on sources and analysis, discussed discussed
capital and role of and role of evaluations of discussion, and the role of
capital capital sources and evaluation of evaluated the capital
role of capital the role of
capital

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 LO5 Fails to Insufficient Some key A range of There is You have Critically and
understand discussion points raised discussions evidence of carefully carefully
the role of on key areas on key areas and analysis, discussed discussed
financial of financial of financial evaluations of discussion, and key areas of
statement statement statement key areas of evaluation of evaluated financial
analysis analysis analysis financial key areas of key areas of statement
statement financial financial analysis
analysis statement statement
analysis analysis

The Submission will use this rubric for marking:

Area Fail Narrow Fail Pass Pass Merit Merit Distinction Good Distinction
(weightin
g)
<40 clear
40-49% 50-54% 55%- 59% 60% - 64% 65-69% 70-74% 75-79%
fail

Makes
sense but
Many spelling and
sentences language Largely clearly
Basic ideas Good flow of
Writing Incompreh not related present written, scope
articulated Clearly written language and Well defined
(15%) ensible to problems. for
but copied ideas
topic/copied Could be improvement
from Internet too brief or
copied from
internet

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 Clear evidence
Some
of critical
analysis
Reasonable Good analysis analysis which
Content: No evidence done, but the Good analysis
Some analysis and and some shows an
written Not of analysis submission and some
analysis some consideration of excellent
Analysis attempted done, purely lacks consideration
attempted consideration most of the consideration of
30% descriptive meaningful of the issues
of the issues issues the
analysis of
Wider
the issues
issues

Supporti
Wrong
ng Some correct analysis
analysis or Numerical Largely correct
Numeric Not Largely numerical with some
no analysis but numerical Correct analysis
al attempted correct analysis but limitations of
attempt incomplete analysis
analysis not justified analysis
made
20%

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Focus
on
equation
Adequate Adequate
s/graphs Complete
No real graphs and graphs and
/industry No Adequate Complete graphs graphs and
Not focus equations, equations,
example Graph/equa graphs and and equations, equations,
attempted subject clearly clearly labelled
s from tion equations, clearly labelled clearly labelled,
matter labelled and and related to
real life limitations
explained the data
to
illustrate
(25%)

Attempts
Excellent,
made at
Could be Fairly clear professional
Organisa Lacking in implementing Clearly written
improved structure that structure Well-
tion Very poor structure, no a structure, Clearly written with underlying
and lacks meets the designed with
(10%) imagination. but this is not logic
references level. clear evidence
always
of logic
appropriate.

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