Module Managing Finance and Resources in Health and Social Care Settings

The indicative module content includes links between financial resources and service users; importance of accurate record keeping in relation to finance/resource management; interpreting costings - fixed, variable, direct, indirect and marginal; budgeting and managing a budget; payment by results/tariffs and links to service user information requirement; cost benefit analysis.

On successful completion you will be able to:

• Demonstrate a critical understanding of the principles and practices of budgeting and resource management and how this impacts upon and links to service user activity
• Critically reflect upon your role in relation to finance and resources
• Critically reflect upon how 'payments by results/tariffs' impacts on your organisation/department and demonstrate a critical understanding of the service user information requirements linked to this
• Demonstrate a critical understanding of business planning for quality improvement in relation to your role and service
• Demonstrate an understanding of costings and critically apply this to the cost benefits analysis process.

Indicative Core Bibliography

• Chartered Institute of Public Finance & Accounting (2011) A brief guide to local Government finance for Councillors CIFPA, London
• Drury C (2004) Management and Cost Accounting 6th Ed., Thompson, London
• Dwyer J, Stanton P & Thiessen V (2004) Project Management in Health & Community Services: getting good ideas to work. Sage, London
• Healthcare Financial Management Association (2011) Introductory Guide to NHS Finance in the UK 10th Ed., HFMA, London
• NHS Institute for Innovation & Improvement (2005) Improvement Learners' Guides - available at:
• http://www.institute.nhs.uk/building_capability/building_improvement_ capability/improvement_leaders%27_guides%3a_introduction.html