Module Details

Module Code: AGRI6006
Title: Land Finance and Policy
Long Title: Land Finance and Policy
NFQ Level: Fundamental
Valid From: Semester 1 - 2021/22 ( September 2021 )
Duration: 1 Semester
Credits: 5
Field of Study: 6210 - Agriculture
Module Delivered in: 3 programme(s)
Module Description: This module gives the student on understanding of the importance of agri business in the Irish economy. It is an introduction to preparing accounts. The student will have the ability to construct and interpret accounts, source credit, evaluate borrowing capacity and predict repayment capacity of a business.
 
Learning Outcomes
On successful completion of this module the learner will be able to:
# Learning Outcome Description
LO1 Appraise the importance of microeconomics to the agricultural and horticultural industry
LO2 Examine the importance of key financial records, uses and organisation of financial documentation
LO3 Maintain and complete basic financial records for a small business, including basic ratio analysis and bank reconciliation statements
LO4 Construct accounts for a small business incorporating adjustments for inventory, depreciation, prepayments and accruals
Dependencies
Module Recommendations

This is prior learning (or a practical skill) that is strongly recommended before enrolment in this module. You may enrol in this module if you have not acquired the recommended learning but you will have considerable difficulty in passing (i.e. achieving the learning outcomes of) the module. While the prior learning is expressed as named MTU module(s) it also allows for learning (in another module or modules) which is equivalent to the learning specified in the named module(s).
Incompatible Modules
These are modules which have learning outcomes that are too similar to the learning outcomes of this module. You may not earn additional credit for the same learning and therefore you may not enrol in this module if you have successfully completed any modules in the incompatible list.
No incompatible modules listed
Co-requisite Modules
No Co-requisite modules listed
Requirements

This is prior learning (or a practical skill) that is mandatory before enrolment in this module is allowed. You may not enrol on this module if you have not acquired the learning specified in this section.
No requirements listed
 
Indicative Content
Microeconomics of agricultural and horticultural industry
Introduction to microeconomics, consumers and utility, market demand, market supply, market equilibrium, Elasticity, Factors of production, costs of production and profit maximisation, market structures
Key Financial Records
Reasons for maintenance of key financial records, uses of financial records, organising of business office and organisation procedures for dealing with financial documents
Completion of Bank Reconciliation Statements
Preparing cash and bank records, culminating in the preparation of bank reconciliation statements
Accounting indicators and ratios
Understanding and analysis of key financial ratios and indicators including, gross profit, gross output, gross margin, net worth, Profit, loss, assets and liabilities
Preparation of basic financial statements
Preparation of basic Income Statements and Balance Sheets, including adjustments for inventory, depreciation, accruals and prepayments
Module Content & Assessment
Assessment Breakdown%
Coursework50.00%
End of Module Formal Examination50.00%

Assessments

Coursework
Assessment Type Multiple Choice Questions % of Total Mark 25
Timing Week 8 Learning Outcomes 2,3
Assessment Description
Multiple Choice Questions Exam
Assessment Type Multiple Choice Questions % of Total Mark 25
Timing Week 11 Learning Outcomes 1
Assessment Description
Multiple Choice Questions Exam
End of Module Formal Examination
Assessment Type Formal Exam % of Total Mark 50
Timing End-of-Semester Learning Outcomes 1,2,3,4
Assessment Description
End-of-Semester Final Examination
Reassessment Requirement
Repeat examination
Reassessment of this module will consist of a repeat examination. It is possible that there will also be a requirement to be reassessed in a coursework element.

The University reserves the right to alter the nature and timings of assessment

 

Module Workload

Workload: Full Time
Workload Type Contact Type Workload Description Frequency Average Weekly Learner Workload Hours
Lecture Contact Class based lecture Every Week 4.00 4
Independent & Directed Learning (Non-contact) Non Contact Self directed independent learning Every Week 3.00 3
Independent Learning Non Contact Self directed independent learning Every Week 5.00 5
Total Hours 12.00
Total Weekly Learner Workload 12.00
Total Weekly Contact Hours 4.00
Workload: Part Time
Workload Type Contact Type Workload Description Frequency Average Weekly Learner Workload Hours
Lecture Contact Formal Lectures Every Week 2.00 2
Independent Learning Non Contact Self directed independent learning Every Week 2.00 2
Total Hours 4.00
Total Weekly Learner Workload 4.00
Total Weekly Contact Hours 2.00
 
Module Resources
Recommended Book Resources
  • Course Handbook, Marie Dorgan, MTU.
Supplementary Book Resources
  • Harrison, Horngren, Thomas. (2015), Financial Accounting, 10th. Prentice Hall, US, p.864, [ISBN: 9780133768770].
  • O Dwyer, Hayes, Murphy & Blake. Cash Accounts, Teagasc (GM7105).
  • National Farm Survey. National Farm Survey Results, Latest. Ireland.
  • Martin O'Sullivan. ACA Farmers Handbook, Current. O'Sullivan Consulting, [ISBN: 9780955786129].
Recommended Article/Paper Resources
Supplementary Article/Paper Resources
Other Resources
 
Module Delivered in
Programme Code Programme Semester Delivery
CR_BAGRI_7 Bachelor of Science in Agriculture 1 Mandatory
CR_BHORT_7 Bachelor of Science in Horticulture 1 Mandatory
CR_BAGRI_6 Higher Certificate in Science in Agriculture 1 Mandatory