School of Business & Accountancy

This module provides a basic introduction to the functions, features, applications and variety of information technology. It will also examine the impact of IT on the economy, the way of life and the emerging digital firm. Students will also gain practical experience with business software ranging from advanced word processing and digital presentation to Web publishing. They will also be exposed to Web-based collaborative and e-learning tools.

In this module, students will examine the economic choices made by consumers, firms and the government, and how these decisions affect the market for a particular good or service. The module incorporates a study of the theory of demand and supply, and discusses production costs, price determination and supply decisions for individual firms in different market structures.

This module introduces a basic knowledge of the law and its application in a business environment. Topics include the Singapore Legal System, Law of Contract, Agency, Tort, Introduction to Company Law and Intellectual Property Law.

Building on the module “Introduction to Financial Accounting”, this module covers accounting methods, concepts and principles as well as internal controls in the accounting for cash, credit transactions, inventories, fixed assets and incomplete records. Students are exposed to a commercial accounting software package to enhance accounting knowledge.

This module creates opportunities for students to practise and apply their communication skills, and to appreciate the dynamic interplay of elements in different communication situations. The module develops students’ ability to empathize with the receivers of their messages and to communicate their ideas confidently, courteously, and clearly. It builds on writing abilities by reinforcing linguistic skills and strategies for writing effective business messages. Students will also be given the opportunity to practise speaking and presentation skills through effective delivery, boardroom presentations and impromptu speeches. Finally, students will be taught business etiquette including telephone manners, conversational skills and social graces through role-plays and simulations.

A follow on from the module “Fundamentals of Financial Accounting”, this module equips students with skills to prepare financial statements for partnerships and limited liability companies. Topics covered include accounting for bills of exchange, clubs and societies, Goods and Services Tax and payroll accounting.

This module focuses on management accounting techniques on planning and control. Students will learn standard costing and budgetary control costing techniques together with a study of decision-making concepts using relevant costs and cost-volume profit analysis.

Building on the module Auditing 1, students will explore advanced areas of auditing by examining issues that require professional judgement such as materiality and risk assessment, audit opinions, fraud, corporate governance, and the legal and ethical duties of an auditor. Audit approaches and techniques in a computer information systems environment are also introduced.

Financial Planning
This module aims to provide a coherent understanding of personal financial planning in the midst of the fast changes in the financial services industry and the blurring of product lines among financial sectors. The module will equip students with technical and conceptual financial planning knowledge to prepare them for a career in the financial services industry.

Financial Markets & Services
This module examines the role of the financial markets, its players and the instruments on the economy and the status of Singapore as a financial centre. The module will also trace the relationship between the various markets and its participants with emphasis given to current events, trends and developments in the markets.
 
Treasury
This module provides a preview of the background, development and mechanics of the treasury business covering money, foreign exchange, futures and options markets and the instruments traded. The arithmetic and workings of these markets will be examined and explored with an aim of giving students an insight into the dynamics of these markets and their impact and contributions to the financial industry.

International Economics & Finance
In this module, students will acquire the basic set of tools used to analyse contemporary international economic issues. The module covers current trade barriers and the role played by international institutions in promoting global trade. Students also study the principles of international finance.

Investments
Students will be taught the principles and practice of investments. Students are also taught how to analyse and discuss the characteristics of various investment products such as equity securities, fixed income securities and derivative securities, and to use various valuation techniques to value the securities. Whilst students are exposed to the international financial markets and global investment perspective, the module will also focus on the Singapore market, in particular the Singapore Exchange, participants, trading system, settlement procedures and investment information.