| CODE | ACC3138 | ||||||||||||
| TITLE | Managerial Finance and the Public Sector | ||||||||||||
| UM LEVEL | 03 - Years 2, 3, 4 in Modular Undergraduate Course | ||||||||||||
| MQF LEVEL | 6 | ||||||||||||
| ECTS CREDITS | 6 | ||||||||||||
| DEPARTMENT | Accountancy | ||||||||||||
| DESCRIPTION | This study-unit provides further aspects of financial analysis, in particular, historical summaries; historical, trend and vertical analysis; H-Scores and A-Scores; multivariate analysis; and shareholder value analysis. This study unit also delves into forecasting business failure and examines the applicability of methods used to predict business failure in a public sector context. Furthermore, the study unit provides an outline of liquidation and bankruptcy procedures. Study-unit Aims: The aim of the study-unit is to consolidate previous knowledge on financial performance measurement by elaborating on more specialised financial analysis methods and how an accountant can predict failure of operations through an examination of financial reports and other factors, especially factors that are unique in a public sector context. Financial reporting practices are also consolidated by examining the legal and accounting procedures involved in the liquidation of entities. Learning Outcomes: 1. Knowledge & Understanding By the end of the study-unit the student will be able to: - Explain the meaning of failure; - Describe the causes of failure and the reasons for predicting failure; - Outline bankruptcy and liquidation procedures. 2. Skills By the end of the study-unit the student will be able to: - Apply and interpret advanced forms of financial analysis tools; - Analyse case study data for the purpose of assessing the risks of failure; - Implement accounting entries to close the books of an organisation. Main Text/s and any supplementary readings: - Accounting Theory (latest edition) J. Godfrey, A. Hodgson, S. Holmes, A. Tarca; Wiley - International Financial Reporting 鈥� A Practical Guide (latest edition) Alan Melville, Prentice Hall - Maltese Legislation and publications dealing with financial reporting. Relevant articles from international accounting journals. |
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| STUDY-UNIT TYPE | Lecture | ||||||||||||
| METHOD OF ASSESSMENT |
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| LECTURER/S | Paulanne Mamo |
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The University makes every effort to ensure that the published Courses Plans, Programmes of Study and Study-Unit information are complete and up-to-date at the time of publication. The University reserves the right to make changes in case errors are detected after publication.
The availability of optional units may be subject to timetabling constraints. Units not attracting a sufficient number of registrations may be withdrawn without notice. It should be noted that all the information in the description above applies to study-units available during the academic year 2025/6. It may be subject to change in subsequent years. |
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