SMGT30190 Adv Financial Mgt of Sport

Academic Year 2022/2023

This module revises material covered in SMGT 10010 Financial Management of Sport and builds on this to introduce students to relevant financial management practices that will be applied in the workplace such as budgeting, cash flow forecasting, business planning, taxation, company law for filing accounts and taxation. At the end of this course, students with have a working knowledge of financial statements and will understand the importance of financial management in the running of a sports organisation.

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Curricular information is subject to change

Learning Outcomes:

On completion of this module students should be able to:

(i) read, understand and have the ability to analyse a set of financial statements;
(ii) prepare a detailed financial budget;
(iii) prepare a detailed cashflow forecast for an organisation;
(iv) prepare double entry accounting adjustments in preparing statements of profit or loss and statements of financial position;
(v) analyse finacial statements and budgets to evaluate and recommend actions for business financial planning;
(vi) understand how taxation will impact on the running of a business;
(vii) undertand the company law audit exemption for small companies;
(viii) calculate payroll taxes for employees;
(ix) calculate VAT liabilities for a business.

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, group discussions, 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
Pre-requisite:
SMGT10010 - Financial Management of Sport

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
Examination: Final Exam 2 hour End of Trimester Exam No Graded No

50
Class Test: Mid-semester test Week 7 n/a Graded No

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

10
Assignment: Mid-semester practical assignment Week 9 n/a Graded No

20

Carry forward of passed components
Yes
 
Resit In Terminal Exam
Summer 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
Ms Patricia Quigley Lecturer / Co-Lecturer