SMGT10010 Financial Management of Sport I

Academic Year 2022/2023

This module introduces students to the financial accounting environment in which sports organisations operate, including the preparation of financial statements and financial statement analysis.

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Curricular information is subject to change

Learning Outcomes:

On completion of this module, students should be able to:

(i) understand the financial accounting environment, the purpose of financial accounting and the primary uses and basic concepts of financial accounting information;
(ii) understand the role of management accountants and the different uses for management accounts versus financial accounts;
(iii) prepare basic statements of profit and loss, income and expenditure accounts, statements of financial positions and bank reconciliation statements;
(iv) understand how to prepare basic cash flow statements and budgets;
(v) an overview of company law and the annual reporting rquirements of limited companies carrying out a basic analysis of the performance and financial position of an organisation from its financial statements;
(vi) understand the various ways in which businesses can be financed; the characteristics, advantages and disadvantages of the different sources of finance;
(vii) understand the PAYE and VAT systems in Ireland and be able to carry out basic calculations.

Indicative Module Content:

Updated module contact will be available on the VLE.

Student Effort Hours: 
Student Effort Type Hours
Lectures

24
Specified Learning Activities

36
Autonomous Student Learning

65
Total

125
Approaches to Teaching and Learning:
The primary method of instruction for this module will be a mix of lectures, in-class critical thinking activities and case-based problem-solving. A coordinated synergistic combination of tangible (i.e. instructional material such as academic texts, articles, case studies and technology) and intangible resources (i.e. knowledge, experience and skills) are utilised to achieve pedagogical competence. In addition, student centric innovative delivery techniques such as critical incident analysis, and peer-to-peer discussion are adopted while assessment techniques (i.e. In-class individual/group tasks) are constructively aligned with the learning outcomes. 
Requirements, Exclusions and Recommendations

Not applicable to this module.


Module Requisites and Incompatibles
Incompatibles:
ACC10040 - Financial Accounting 1, ACC20010 - Financial Accounting 2, ACC30020 - Financial Accounting 3, ACC30030 - Cost Management, ACC30040 - Advanced Mgmt Accounting


 
Assessment Strategy  
Description Timing Open Book Exam Component Scale Must Pass Component % of Final Grade
Assignment: Individual Assignment Week 8 n/a Graded No

20
Attendance: Attendance Throughout the Trimester n/a Graded No

10
Examination: End of Semester 2 hour exam 2 hour End of Trimester Exam No Graded No

50
Multiple Choice Questionnaire: MCQ Week 7 n/a Graded No

20

Carry forward of passed components
Yes
 
Resit In Terminal Exam
Spring No
Please see Student Jargon Buster for more information about remediation types and timing. 
Feedback Strategy/Strategies

• Group/class feedback, post-assessment

How will my Feedback be Delivered?

Not yet recorded.

Name Role
Dr Seamus Kelly Lecturer / Co-Lecturer
Ms Patricia Quigley Lecturer / Co-Lecturer