BA Management, Leadership and Leisure / Course details

Year of entry: 2022

Course unit details:
Financial Management II

Course unit fact file
Unit code EDUC20661
Credit rating 10
Unit level Level 2
Teaching period(s) Semester 1
Offered by Education
Available as a free choice unit? Yes



An introduction to management accounting and financial management including:

  • The purpose of management accounting
  • Costs, costing and accounting for overheads
  • Cost-volume-profit analysis
  • Pricing
  • Financial planning and budgeting
  • Sources of finance
  • Capital investment decisions
  • Managing working capital


Unit title Unit code Requirement type Description
Financial Management I EDUC10761 Pre-Requisite Recommended


  • To introduce students to the study of management accounting and financial management.

Learning outcomes

Category of outcome

Upon completion of the unit, students should have:

Knowledge and understanding
  • An understanding of the role and purpose of the management accountant in planning, decision making and control
  • An understanding of costs, costing and accounting for overhead
  • An ability to evaluate the different approaches to pricing
  • An understanding of the importance of forecasting and the ability to prepare and evaluate an annual cash budget
  • An understanding of the different sources of funding available to a business
  • An ability to evaluate competing demands on an organisation’s capital resources
  • An understanding of the means by which businesses seek to manage working capital
Intellectual skills
  • Be able to interpret and evaluate financial information
Practical skills
  • Possess the ability to produce cash budgets 
Transferable skills and personal qualities
  • Be familiar with budgeting, costing, pricing and financial evaluation techniques
  • Critical thinking skills


Teaching and learning methods

up to 12 x 2- hour lectures/seminars supported by individual or group tutorials

Assessment methods


Assessment task



Word Length or Equivalent


Weighting within unit


One unseen examination



2 hours




Feedback methods

Online via Blackboard

Recommended reading

Atrill, P. & McLaney, E. (2016), Accounting & Finance for Non-Specialists, 10th edition, Prentice Hall.

Atrill, P. & McLaney, E. (2016), Management Accounting for Decision Makers, 8th edition, Prentice Hall

Guilding, C. (2013), Accounting Essentials for Hospitality Managers, 3rd edition, Routledge

Owen,G. (1998), Accounting for Hospitality, Tourism and Leisure, Addison Wesley Longman


Weetman, P. (2015), Financial & Management Accounting: An introduction, 7th edition, Prentice Hall

Study hours

Scheduled activity hours
Lectures 20
Independent study hours
Independent study 80

Teaching staff

Staff member Role
Paul Widdop Unit coordinator

Additional notes

Activity Hours Allocated
Staff/Student Contact 20
Tutorials 0
Private Study 60
Directed Reading 20
Examination 2
Total Hours 102


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