23.

TÀI CHÍNH VÀ KẾ TOÁN TRONG KINH DOANH (Business Finance and

Accounting)
1. Course code: FAA4015
2. Credits: 03
3. Prerequisite: None
4. Language of instruction: English
5. Instructors:
Dr. Nguyen Thi Hong Thuy, Faculty of Accounting and Auditing, University of
Economics and Business – Vietnam National University Hanoi.
MA. Khieu Huu Binh, Faculty of Accounting and Auditing, University of Economics
and Business – Vietnam National University Hanoi.
MA. Nguyen Nam Trung, Faculty of Accounting and Auditing, University of
Economics and Business – Vietnam National University Hanoi.
6. Objectives:
This course provides the learners with an understanding of how businesses operate and how
finance and accounting functions help businesses to achieve their objectives. The course also
helps students understand the intimate connection as well as the role of finance and accounting
in business, risks, governance, corporate responsibility and ethics, and the strong impacts of
the external business environment on business activities. Besides, this course helps learners
understand the roles of accountants, the importance of policymaking for businesses, and
building up business strategy.
7. Learning Outcomes
Program Course Levels of Descriptions
Learning Learning competence
Outcomes Outcomes
Apply fundamental knowledge about marketing,
PLO2 CLO1 3
finance and accounting to related tasks in business.

Apply specialized knowledge of finance and

CLO2 2,3 accounting functions to build up strategies, organize
and manage business activities.
PLO3
Apply specialized knowledge of finance and
CLO3 2,3
accounting functions to measure and evaluate the
 performance of business activities or to make
decisions for management.

Leadership and Teamwork skills: Ability to lead a

team and cooperate effectively to solve accounting
PLO5 CLO4 2
and financial issues.
Ethical reasoning: Ability to identify, assess, and
develop ethical arguments from a variety of ethical
PLO6 CLO5 2
positions in accounting and financial issues.

8.Assessment and teaching method:

8.1. Assessment
Types of Course Learning Percentage
Description
assessment Outcomes (%)
Class - Class participation points will be based CLO1, CLO2, 10
participation/ on class attendance, contribution in class CLO3.
discussion - Assessment of student participation
and learning attitude towards the course
and pre-class preparation
Group assignment - Students are divided into small groups CLO1, CLO2, 10%
and have to solve assignment in advance CLO3, CLO4.
at home under the guidance of lecturer.
The group chooses the representatives to
present in class.
Mid-term exam - 60 minutes Mid-term exam (MCQs CLO1, CLO2, 20%
and constructed-response) CLO3.
Final exam - Final exam of 90 minutes (MCQs and CLO1, CLO2, 60%
constructed-response) CLO3, CLO5.
100%

8.2. Teaching method

Teaching methods
 Course Levels of Lecturing Group study
Learning competence Read and study materials
Outcomes
CLO1 3 X X X
CLO2 2,3 X X X
CLO3 2,3 X X
CLO4 2 X
CLO5 2 X X

9. Textbooks:
Required textbooks:
1. Business, Technology and Finance, Study manual, ICAEW, 2020
2. Business, Technology and Finance, Question bank, ICAEW, 2020
Reference materials:
1. Business and Finance, Study manual, ICAEW, 2016.
10. Summary
On completion of this module, students will be able to: identify the general objectives of
businesses and the functions and tasks that businesses perform in order to meet their
objectives; specify the nature, characteristics, advantages and disadvantages of different
forms of business and organizational structure; identify the purpose of financial
information produced by businesses, specify how finance functions support business
operations, and identify sources and methods of financing for businesses; specify the role
of the accountancy profession and why the work of the profession is important; identify
the role that governance plays in the management of a business and specify how a
business can promote corporate governance, sustainability, corporate responsibility and
an ethical culture; specify the impact on a business of the external environment in which
it operates; and identify key features, benefits and risks of different technologies.
11. Course’s contents
CHAPTER 1: BUSINESS’S OBJECTIVES AND FUNCTIONS
1.1. Introduction to business
1.1.1. Definitions of organization, business, stakeholders.
1.1.2. Business’s objectives and functions
1.1.3. Mission, goals, plans and standards
1.2. Managing a business
1.2.1 Management and Types of managers
1.2.2 The management hierarchy, process, models
1.2.3 Marketing management
1.2.4 Operations management
1.2.5 Procurement
1.2.6 Human resource management
1.2.7 Information technology management
CHAPTER 2: ORGANISATIONAL STRUCTURES AND BUSINESS STRATEGY
2.1. Organisational structures
2.1.1 Understand organisational structure
2.1.2 Type of organisational structure
2.1.3 Sole tradership
2.1.4 Partnerships
2.1.5 Companies
2.1.6 Alliances
2.2. Business strategy
2.2.1 Definition of strategy and strategic management
2.2.2 Business analysis and corporate appraisal
2.2.3 Setting strategic objectives
2.2.3 Choosing a corporate strategy
2.2.4 Implementing the strategy
CHAPTER 3: THE ROLE OF FINANCE
3.1 Financial information
3.1.1 Uses and types of financial information
3.1.2 Qualities of good information
3.1.3 Sources and effects of data and information
3.1.4 Users and limitations of financial information6
3.1.5 Information technology: Development, processing, management and security
3.2 The business’s finance function
3.2.1 The tasks of the finance function
3.2.2 The structure and management of the finance function
3.2.3 Measuring performance
3.2.4 Establishing financial control processes and internal controls
3.3 Sources of finance
3.3.1 Short-term and long-term finance
3.3.2 Banking system and money market
3.3.3 Sources of equity finance
3.3.4 Sources of debt finance
3.3.5 Financing a growing business and export trading
CHAPTER 4: THE ROLE OF ACCOUNTANCY PROFESSION
4.1 The professional accountant
4.1.1 Roles and works of the professional accountant
4.1.2 Limits of the professional accountant's responsibilities
4.1.3 Technology developments and the accountancy profession
4.2 The accountancy profession
4.2.1 The importance of the accountancy profession
4.2.2 Professional responsibility and Technical competence
4.2.3 The work of the accountancy profession
4.2.4 Accounting principles and Accounting standards
4.3 Structure and regulation of the accountancy profession
4.3.1 The structure of the accountancy profession
4.3.2 Regulation of professions
4.3.3 Disciplinary procedures against accountants
CHAPTER 5: RISKS, GOVERNANCE, CORPORATE RESPONSIBILITY AND
ETHICS
5.1. Risks and Risk management
5.1.1 Risks for businesses and their investors
5.1.2. The objectives and process of risk management
5.1.3. Crisis management and Business resilience
5.2 Governance and Ethics
5.2.1 Definition of Governance and Corporate governance
5.2.2 Stakeholders' governance needs
5.2.3 Poor symptoms and 'good practice' in corporate governance
5.2.4 The effect of types of financial system on governance
5.2.5 Governance structure
5.2.5 Ethics, business ethics and an ethical culture
5.3. Corporate governance
5.3.1 The role and content of the UK Corporate Code
5.3.2 The role of external audit
5.3.3 The role of internal audit