In this thesis, the author proposes and presents a novel simulation technique for the analysis of multilayered Flexural Plate Wave (FPW) devices based on the convergence of the Finite Element method (FEM) with classical Surface Acoustic Wave (SAW) analysis techniques and related procedures. Excellent agreement has been obtained between the author's approach and other more conventional modelling techniques. Utilisation of the FEM allows the performance characteristics of a FPW structure to be critically investigated and refined before undertaking the costly task of fabrication. Based on a series of guidelines developed by the author, it is believed the proposed technique can also be applied to other acoustic wave devices. The modelling process developed is quite unique as it is independent of the problem geometry as verified by both two and three dimensional simulations. A critical review of FEM simulation parameters is presented and their effect on the frequency domain response of a FPW transducer given. The technique is also capable of simultaneously modelling various second-order effects, such as triple transit, diffraction and electromagnetic feedthrough, which often requires the application of several different analysis methodologies. To verify the results obtained by the author's novel approach, several commonly used numerical techniques are discussed and their limitations investigated. The author initially considers the Transmission Matrix method, where it is shown that an inherent numerical instability prevents solution convergence when applied to large frequency-thickness products and complex material properties which are characteristic of liquids. In addition the Stiffness Matrix method is investigated, which is shown to be unconditionally stable. Based on this technique, particle displacement profiles and mass sensitivity are presented for multilayered FPW structures and compared against simpler single layer devices commonly quoted in literature. Significant differences are found in mass sensitivity between single layer and multilayered structures. Frequency response characteristics of a FPW device are then explored via a spectral domain Green's function, which serves as a further verification technique of the author's novel analysi s procedure. Modifications to the spectral domain Green's function are discussed and implemented due to the change in solution geometry from SAW to FPW structures. Using the developed techniques, an analysis is undertaken on the applicability of FPW devices for sensing applications in liquid media. Additions are made to both the Stiffness Matrix method and FEM to allow these techniques to accurately incorporate the influence of a liquid layer. The FEM based approach is then applied to obtain the frequency domain characteristics of a liquid loaded FPW structure, where promising results have been obtained. Displacement profiles are considered in liquid media, where it is shown that a tightly coupled Scholte wave exists that is deemed responsible for most reported liquid sensing results. The author concludes the theoretical analysis with an in-depth analysis of a FPW device when applied to density, viscosity and mass sensing applications in liquid media. It is shown that a single FPW device is potentially capable of discriminating between density and viscosity effects, which is typically a task that requires a complex and costly sensor array.