Module Information
Course Delivery
| Delivery Type | Delivery length / details |
|---|---|
| Practical | 6 x 3 Hour Practicals |
| Lecture | 11 x 2 Hour Lectures |
Assessment
| Assessment Type | Assessment length / details | Proportion |
|---|---|---|
| Semester Assessment | Controlled time term assignment (3 hours) | 30% |
| Semester Assessment | Case study (3000 words) | 70% |
| Supplementary Assessment | Students must take elements of assessment equivalent to those that led to failure of the module. | 100% |
Learning Outcomes
On successful completion of this module students should be able to:
1. Describe activities associated with the financial management of equine businesses.
2. Construct, interpret and analyse a set of financial statements.
3. Discuss the complexity of different trading structures and business taxation.
4. Discuss the informational requirements of investors and financial institutions in lending.
Brief description
This object of this module is to introduce students to aspects of equine business management, accounts construction, decision making, taxation, uncertainty and business distress and failure. Alternative structures for equestrian ventures and investment appraisal will be introduced.
Content
Introduction, overview of management and account users
Terminology, capital/trading items; Adjustments & deprn
Accounts construction
Balance sheet construction
Gross & net margins and benchmarking
Business Analysis
Business Structures
Intro to taxation & income, business and capital taxes
Decision making and investment
Business finance and cash flows
Business distress and business strategy
Module Skills
| Skills Type | Skills details |
|---|---|
| Application of Number | This will form part of the coursework. |
| Communication | The written reports will develop literacy and communication skills. |
| Improving own Learning and Performance | Through assignments and self-directed study. |
| Information Technology | In preparation of assignment work . |
| Personal Development and Career planning | Through insight into relevant industry practices. |
| Problem solving | This will form part of coursework set. |
| Research skills | Students will gain research experience in addition to the completion of coursework. |
| Subject Specific Skills | Subject relates to equine business. |
| Team work | Not directly developed in this module. |
Notes
This module is at CQFW Level 5