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Session: 2022/23
Last modified: 08/04/2022 10:17:04
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Title of Module: Finance in a Digital World |
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Code: ACCT10014 |
SCQF Level: 10
(Scottish Credit and Qualifications Framework) |
Credit Points: 20 |
ECTS: 10
(European Credit Transfer Scheme) |
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| School: | School of Business & Creative Industries |
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| Module Co-ordinator: | Dalia
Alazzeh |
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| Summary of Module |
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This module explores the role of finance in organisations including planning and control, and financial reporting. You will learn how data is used in finance and other organisational functions and you will be introduced to a range of digital technologies that are relevant to finance and business professionals. Examples of relevant digital technologies in recent years include:
- Artificial Intelligence
- Big data opportunities
- Machine learning
- Data analytics
- Blockchain
- Cryptocurrencies
- Neural networks
Using case studies, articles, research and other materials, students will also learn about the ethical, social and organizational issues in relation to the use of technology.
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| Module Delivery Method |
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| Face-To-Face | Blended | Fully Online | HybridC | HybridO | Work-based Learning |
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Face-To-Face
Term used to describe the traditional classroom environment where the students and the lecturer meet synchronously in the same room for the whole provision.
Blended
A mode of delivery of a module or a programme that involves online and face-to-face delivery of learning, teaching and assessment activities, student support and feedback. A programme may be considered “blended” if it includes a combination of face-to-face, online and blended modules. If an online programme has any compulsory face-to-face and campus elements it must be described as blended with clearly articulated delivery information to manage student expectations
Fully Online
Instruction that is solely delivered by web-based or internet-based technologies. This term is used to describe the previously used terms distance learning and e learning.
HybridC
Online with mandatory face-to-face learning on Campus
HybridO
Online with optional face-to-face learning on Campus
Work-based Learning
Learning activities where the main location for the learning experience is in the workplace.
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| Term(s) for Module Delivery |
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(Provided viable student numbers permit).
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| Term 1 | | Term 2 | | Term 3 | |
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| Learning Outcomes: (maximum of 5 statements) |
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On successful completion of this module the student will be able to:
L1.
Critically evaluate the role of finance in organisations.
L2.
Critically discuss how the finance function uses digital technologies.
L3.
Critically examine how data is used in finance and other functions in organisations.
L4.
Understand the ethical, social and organisational considerations of technology use. |
| Employability Skills and Personal Development Planning (PDP) Skills |
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| SCQF Headings |
During completion of this module, there will be an opportunity to achieve
core skills in:
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| Knowledge and Understanding (K and U) |
SCQF Level 10.
In-depth knowledge of digital technologies and their relevance to finance.
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| Practice: Applied Knowledge and Understanding |
SCQF Level 10.
Preparation of an academic essay on the allocated topic. |
| Generic Cognitive skills |
SCQF Level 10.
Reasoning, analysing.
Draw on a range of sources in making judgments. |
| Communication, ICT and Numeracy Skills |
SCQF Level 10.
Written coursework and exam - explaining complex concepts simply. |
| Autonomy, Accountability and Working with others |
SCQF Level 10.
Working autonomously and effectively in areas involving complex professional issues where independence and clarity of thought are required. |
| Pre-requisites: |
Before undertaking this module the student should have
undertaken the following:
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Module Code:
ACCT09001
| Module Title:
Advanced Financial Management
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| Other: | |
| Co-requisites | Module Code:
| Module Title:
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* Indicates that module descriptor is not published.
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| Learning and Teaching |
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This module is designed to introduce you to the extant literature on some contemporary technologies and their related issues affecting accounting and finance.
Assessment of the module is based on an individual essay and an exam. The essay requires you to read widely around a particular topic. The final exam will cover all the topics.
Support for this module is provided via MOODLE, UWS’s virtual learning environment, which holds module handbook, lecture slides, and journal articles. |
Learning Activities
During completion of this module, the learning activities undertaken to
achieve the module learning outcomes are stated below:
| Student Learning Hours
(Normally totalling 200 hours):
(Note: Learning hours include both contact hours and hours spent on other learning activities) |
| Lecture/Core Content Delivery | 24 |
| Tutorial/Synchronous Support Activity | 12 |
| Independent Study | 164 |
| 200
Hours Total
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**Indicative Resources: (eg. Core text, journals, internet
access)
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The following materials form essential underpinning for the module content
and ultimately for the learning outcomes:
CIMA (2019) Managing Finance in a Digital World, Kaplan.
For each main issue in the module, you will be guided to relevant articles in the academic literature.
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(**N.B. Although reading lists should include current publications,
students are advised (particularly for material marked with an asterisk*) to
wait until the start of session for confirmation of the most up-to-date
material)
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| Engagement Requirements |
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In line with the Academic Engagement Procedure, Students are defined as academically engaged if they are regularly engaged with timetabled teaching sessions, course-related learning resources including those in the Library and on the relevant learning platform, and complete assessments and submit these on time. Please refer to the Academic Engagement Procedure at the following link: Academic engagement procedure |
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Supplemental Information
| Programme Board | Accounting, Finance and Law |
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| Assessment Results (Pass/Fail) |
No
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| Subject Panel | Accounting, Finance and Law |
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| Moderator | David Leung |
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| External Examiner | Neil Sutcliffe |
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| Accreditation Details | Institute of Chartered Accountants of Scotland (pending) |
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| Version Number | 1.01 |
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| Assessment: (also refer to Assessment Outcomes Grids below) |
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| Individual essay worth 30% of the final mark. |
| Two-hour closed book exam worth 70% of the final mark. |
(N.B. (i) Assessment Outcomes Grids for the module
(one for each component) can be found below which clearly demonstrate how the learning outcomes of the module
will be assessed.
(ii) An indicative schedule listing approximate times
within the academic calendar when assessment is likely to feature will be
provided within the Student Handbook.)
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Assessment Outcome Grids (Footnote A.)
Footnotes
A. Referred to within Assessment Section above
B. Identified in the Learning Outcome Section above
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Note(s):
- More than one assessment method can be used to assess individual learning outcomes.
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Schools are responsible for determining student contact hours. Please refer to University Policy on contact hours (extract contained within section 10 of the Module Descriptor guidance note).
This will normally be variable across Schools, dependent on Programmes &/or Professional requirements.
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| Equality and Diversity |
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UWS Equality and Diversity Policy |
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(N.B. Every effort
will be made by the University to accommodate any equality and diversity issues
brought to the attention of the School)
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