Announcements
Academy Documents
Please access the Students' Policies & Forms through this link. The following documents are all available in the link - Student Handbook, Student Code of Conduct, Students' Privacy Notice, Deferral, Suspension, and Cancellation Policy, Assignment Extension Policy, Re-Sit Policy, Complaints Procedure Policy, Equality Policy and Student Disciplinary Policy.
Sessions' Venue
All sessions will be held at 21 Academy's Training Centre in Naxxar
21 Business Centre, No. 20., Triq in-Nutar Debono, Naxxar NXR 2525
Monday sessions 09:30 - 12:30hrs (compulsory signature)
Wednesday sessions 17:30 - 20:30hrs
Saturday sessions 09:00hrs - 17:00hrs
Lecture Schedule & Notes
Lecture notes will be available during the week following the respective lecture. Schedule dates are indicative and may change. All changes, if any, may be communicated via email, SMS or telephone calls.
Lecture | Date | Time | Presentation | Notes (If Any) |
---|---|---|---|---|
Lecture 01 | 21 January 2023 | 09:00 to 17:00hrs | Presentation 01 | |
Lecture 02 | 25 January 2023 | 17:30 to 20:30hrs | Presentation 02 | |
Lecture 03 | 28 January 2023 | 09:00 to 17:00hrs | Presentation 03 | Class Work |
Lecture 04 | 01 February 2023 | 17:30 to 20:30hrs | Presentation 04 | |
Lecture 05 | 04 February 2023 | 09:00 to 17:00hrs | Presentation 05 | Group Work |
Lecture 06 | 08 February 2023 | 17:30 to 20:30hrs | Presentation 06 | |
Lecture 07 | 11 February 2023 | 09:00 to 17:00hrs | Presentation 07 | |
Lecture 08 | 15 February 2023 | 17:30 to 20:30hrs | Presentation 08 | |
Lecture 09 | 18 February 2023 | 09:00 to 12:00hrs | Presentation 09 | |
Lecture 10 | 22 February 2023 | 17:30 to 20:30hrs | ||
Lecture 11 | 25 February 2023 | 09:00 to 12:00hrs |
Lecturer/s
Lecture Summaries & Suggested Reading
Lecture 1 - Accounting Concepts
- Self Assessment sitting 1
This introductory session will allow the lecturer and students to familiarise themselves with the course content, understand the basics of Accounting and Finance, discuss different types of organisations, look at the structures of the organisations; and have a deep-dive into the various documents and statements generated by Accountants.
Following this session students will:
- Sit for the first session of the Self-Assessment
- Understand the key objectives of financial management;
- Obtain an overview of the Accounting Environment;
- Describe how financial managers apply the income statement, the balance sheet, and the statement of cash flows to make better informed decisions;
Core Reading List
- Atrill, P., (2019). Financial Management For Decision Makers. 9th ed. Pearson.
- Hussain, S. and Warner, S., (2017). Finance Book - Understand The Numbers Even If You’re Not A Finance Professional. FT Publishing International.
Supplementary Reading List
- Wood, F., (2015). Business Accounting 1
- Wood, F., (2015). Business Accounting 2
- Bauerle, J., (2018). Accounting Quickstart Guide. ClydeBank Media LLC
- Claydon, T., and Beardwell, J., (2017). Human Resource Management a Contemporary Approach, 8th ed. Pearson.
Lecture 2 - Financial Statements
This session will continue on the composition of the Financial Statements; how are these prepared; what information is required; time periods; and comparative analysis required.
Following this session students will learn:
- The general presentation of Financial Statements Balance Sheet, Income Statement and Cashflow Statement;
- basic understanding of the basic principles of Financial Statements;
Core Reading List
- Atrill, P., (2019). Financial Management For Decision Makers. 9th ed. Pearson.
- Hussain, S. and Warner, S., (2017). Finance Book - Understand The Numbers Even If You’re Not A Finance Professional. FT Publishing International.
Supplementary Reading List
- Wood, F., (2015). Business Accounting 1
- Wood, F., (2015). Business Accounting 2
- Bauerle, J., (2018). Accounting Quickstart Guide. ClydeBank Media LLC
- Claydon, T., and Beardwell, J., (2017). Human Resource Management a Contemporary Approach, 8th ed. Pearson.
Lecture 3 - Accounting Techniques & Ratios
The third session will be dedicated to the various Accounting Techniques used in various countries. The session will delve into the basic accounting entries; types of accounts; the Book-Keeping function; data collated; the use of the data for Management Accounts; and the transition from Management Accounts to Financial Statements.
The second half of the session will be dedicated to the introduction of Financial Ratios; how these are inter-related; which ratios to use in particular circumstances; and will be followed by a group exercise to understand ratios.
Following this session students will learn to:
- An understanding of Accountancy Techniques;
- Understand the basic Management Accounts;
- Sources of Finance.
- Read and understand Financial Statements;
- Introduction of financial ratios;
- Compute the key financial ratios so as to calculate an entity's performance
Core Reading List
- Atrill, P., (2019). Financial Management For Decision Makers. 9th ed. Pearson.
- Hussain, S. and Warner, S., (2017). Finance Book - Understand The Numbers Even If You’re Not A Finance Professional. FT Publishing International.
Supplementary Reading List
- Wood, F., (2015). Business Accounting 1
- Wood, F., (2015). Business Accounting 2
- Bauerle, J., (2018). Accounting Quickstart Guide. ClydeBank Media LLC
- Claydon, T., and Beardwell, J., (2017). Human Resource Management a Contemporary Approach, 8th ed. Pearson.
Lecture 4 - Short-Term vs Long-Term Decisions
Following this session students will learn to:
- Differentiate between the accounting information required for short and long-term decision-making;
Core Reading List
- Atrill, P., (2019). Financial Management For Decision Makers. 9th ed. Pearson.
- Hussain, S. and Warner, S., (2017). Finance Book - Understand The Numbers Even If You’re Not A Finance Professional. FT Publishing International.
Supplementary Reading List
- Wood, F., (2015). Business Accounting 1
- Wood, F., (2015). Business Accounting 2
- Bauerle, J., (2018). Accounting Quickstart Guide. ClydeBank Media LLC
- Claydon, T., and Beardwell, J., (2017). Human Resource Management a Contemporary Approach, 8th ed. Pearson.
Lecture 5 - Evaluating Financial Statements
Following this session students will learn to:
- Formulate an evaluation of a business' financial statements.
- Analyse financial statements in order to gauge a business’ future performance
Core Reading List
- Atrill, P., (2019). Financial Management For Decision Makers. 9th ed. Pearson.
- Hussain, S. and Warner, S., (2017). Finance Book - Understand The Numbers Even If You’re Not A Finance Professional. FT Publishing International.
Supplementary Reading List
- Wood, F., (2015). Business Accounting 1
- Wood, F., (2015). Business Accounting 2
- Bauerle, J., (2018). Accounting Quickstart Guide. ClydeBank Media LLC
- Claydon, T., and Beardwell, J., (2017). Human Resource Management a Contemporary Approach, 8th ed. Pearson.
Lecture 6 - Assessment Methods & Bonds & Stocks
Following this session students will learn to:
- Express how bonds and stocks work and their impact on a business’ structure;
- Identify factors which may distort an analysis;
Core Reading List
- Atrill, P., (2019). Financial Management For Decision Makers. 9th ed. Pearson.
- Hussain, S. and Warner, S., (2017). Finance Book - Understand The Numbers Even If You’re Not A Finance Professional. FT Publishing International.
Supplementary Reading List
- Wood, F., (2015). Business Accounting 1
- Wood, F., (2015). Business Accounting 2
- Bauerle, J., (2018). Accounting Quickstart Guide. ClydeBank Media LLC
- Claydon, T., and Beardwell, J., (2017). Human Resource Management a Contemporary Approach, 8th ed. Pearson.
Lecture 7 - Financial Forecasts
Following this session students will learn to:
- Apply their knowledge in practical situations;
- Prepare a company’s financial forecast;
- Report the results of an analysis
- Preparing a Business Plan and its Financials
- The benefits of Business Plans;
- The users of Business Plans, internal and external;
- The pitfalls to be avoided.
Core Reading List
- Atrill, P., (2019). Financial Management For Decision Makers. 9th ed. Pearson.
- Hussain, S. and Warner, S., (2017). Finance Book - Understand The Numbers Even If You’re Not A Finance Professional. FT Publishing International.
Supplementary Reading List
- Wood, F., (2015). Business Accounting 1
- Wood, F., (2015). Business Accounting 2
- Bauerle, J., (2018). Accounting Quickstart Guide. ClydeBank Media LLC
- Claydon, T., and Beardwell, J., (2017). Human Resource Management a Contemporary Approach, 8th ed. Pearson.
Lecture 8 - Tutorial Session 01
- Self Assessment sitting 2
During this session students will:
- Go through and discuss the correct answers of the Self-Assessment
- Discuss the contents of the presentation being prepared for the Group Presentation
Core Reading List
- Induction Session 03 slides
- All of the 1 to 7 sessions slides
Lecture 9 - Tutorial Session 02
During this session students will:
- Discuss the contents of the presentation being prepared for the Group Presentation
- Discuss the Assignments being drafted as part of the assessment method
Core Reading List
- Induction Session 03 slides
- All of the 1 to 7 sessions slides
Lecture 10 - Tutorial Session 03
During this session students will:
- Discuss the contents of the presentation being prepared for the Group Presentation
- Discuss the Assignments being drafted as part of the assessment method
Core Reading List
- Induction Session 03 slides
- All of the 1 to 7 sessions slides
Lecture 11 - Assessments
During this session students will:
- Receive the scored self-assessment
- Deliver the group presentations and answer to questions from both students and tutor
- Go through the last assignment issues, if any.
Methods of Assessment
Self Assessment 10% of final score - Students will be expected to sit for a multiple choice test during the module's first lecture on 21 January 2023. Students will be handed out with the test sheet and their answers during the session 8 on the 15 February 2023 and will be asked to correct their own submission.
Group Presentation 20% of final score
Reflective Notes 5% of final score
1 Assignment 65% of final score
Assignment
You have to choose 1 out of the 3 questions which are available in the Assignment Submission form below. Assignment should be submitted by not later than Thursday 2 March 2023. The assignment has to be submitted together with the Assignment Submission Form through 21 Academy's plagiarism software turnitin. Please indicate the questions which you have addressed in the Assignment Submission form and upload assignments in pdf format. Do not scan assignment but convert/save it directly to pdf. We ask you to keep the similarity percentage very low and definitely below 20%. You should review and rephrase any assignments which show more than 20% similarity. Any assignments submitted above 20% similarity will not be scored and considered as failed.
If you need information on how to plan, draft and submit your assignment follow the 21 Academy presentation on Writing and Submitting your Assignment.
We are also making the 21 Academy's Assignments Rubric available for your guidance. This is a performance-based assessment tool. Tutors will use the rubric to assist them to allocate scoring while it allows students to understand what is required in the assignment and how it will be graded. The Harvard Referencing Style should be used.
Group Presentation
You will be asked to design and deliver a group presentation about a business you plan to create together. This will be the same group you worked together with in-class. The presentation should be delivered in 20 minutes and each member of the group should deliver part of the presentation . The presentation will be delivered on Saturday 25 February 2023 between 09.00 and 12.00hrs.
Reports chosen by each group
Group 4 - Indian Hotels Company Limited
Please read, fill in and submit the Presentation Submission Form together with your presentation. This Presentation Submission Form includes the question which has to be addressed through your presentation,
This Presentation Rubric is being made available for your guidance. This is a performance-based assessment tool. Tutors will use the rubric to assist them to allocate scoring while it allows students to understand what is required in the presentation and how your presentation will be graded.
The presentation should be submitted in pdf format together with the Presentation Submission Form through Turnitin by not later than Friday 24 February at 23.59hrs. Do not scan the presentation but convert/save it directly to pdf.
Note that the submitted presentations will be scanned for plagiarism.
Reflective Notes
Each student should submit Reflective Notes about their experience during the preparatory phase of the Group Presentation. From here you can download 21 Academy's Reflective Notes template in Word Format or pdf format. The Reflective Notes have to be submitted to the academy through turnitin by not later than Friday 24 February at 23.59hrs.
If you need information on how to write and keep your reflective notes for your involvement in the group work to prepare the presentation please refer to the Induction Presentation 03.