Details for BUS561 Financial Stewardship

Effective financial stewardship not only enhances an organisation’s sustainability but also its capacity to make strategic decisions. This unit sharpens your financial acumen, focusing on investment analysis and the critical concept of the time value of money. Gain proficiency in reading and interpreting financial statements, double-entry bookkeeping, and budget construction and analysis.

Quick Stats

• Currently offered by Alphacrucis: Yes
• Course code: BUS561
• Credit points: 10

Subject Coordinator

Prerequisite

Nil

Unit Content

Outcomes

1. Explain the historical, legal, ethical and theological contexts of accounting and finance;
2. Read and interpret financial statements and understand double entry bookkeeping;
3. Construct and analyse budgets;
4. Critically discuss the distinction between private and social valuation;
5. Demonstrate an in-depth understanding of the time value of money and ability to calculate present values of cash flows;
6. Apply the tools of investment analysis, including net present value and internal rate of return.

Subject Content

1. Introduction to Accounting and Finance
2. Organisational Structures: Accounting for Transactions
3. Double Entry Bookkeeping
4. Balance Sheets and Income Statements
5. Analysing Financial Reports
6. Budgeting and Forecasting
7. Budget Analysis
8. Introduction to Corporate Finance
9. Capital Budgeting and Investment Analysis
10. Risk and Return
11. Capital Markets
12. Managing Risks

This course may be offered in the following formats

• Face-to-Face
• Distance/ Global Online

Please consult your course prospectus or enquire about how and when this course will be offered next at Alphacrucis University College.

Assessment Methods

• Forum Postings (20%)
• Minor Essay (30%)
• Exam (50%)

Prescribed Text

• Rice, A. Accounts Demystified: The Astonishingly Simple Guide to Accounting. London: Prentice-Hall, 2011.

Check with the instructor each semester before purchasing any textbooks