BME5007



Accounting And Management Of Financial Resources

This module presents an overview of the principles of both accounting and financial management, with a view to providing executives, who may not possess prior accounting or financial training, with an understanding of accounting and financial management concepts. Topics include: the uses and limitations of accounting information for decision making and performance evaluation; knowledge of financial resource management; the role of managers in maximizing the financial value of the firm; the standard techniques of financial analysis and control; financial markets and the environment in which businesses operate; valuation and capital budgeting; capital structure and the cost of capital; the choice of sources of financing; and the management of current assets and liabilities of the firm.

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