ACC1003 : Introduction to Accounting and Finance (for Business School Students)
Offered for Year: 2022/23
Available to incoming Study Abroad and Exchange students
Module Leader(s): Dr Simon Parry
Lecturer: Dr Neveen Abdelrehim, Miss Melis Besen, Mr Alexei Musundire, Dr Khansaa Tezeny
Owning School: Newcastle University Business School
Teaching Location: Newcastle City Campus
Semesters
Semester 1 Credit Value:
10
Semester 2 Credit Value:
10
ECTS Credits:
10.0
Aims
To provide an introduction to key concepts, terminology and knowledge in accounting and finance to facilitate career development in business rather than to lead to further accounting studies.
Outline Of Syllabus
1 Introduction to accounting and finance
2 Measuring and reporting financial position
3 Measuring and reporting financial performance
4 Accounting for limited companies
5 Measuring and reporting cash flows
6 Analysing and interpreting financial statements
7 Cost-volume-profit analysis
8 Full costing
9 Activity-based costing
10 Budgeting
11 Accounting for control
12 Financial management
Teaching Methods
Teaching Activities
Category
Activity
Number
Length
Student Hours
Comment
Structured Guided Learning
Lecture materials
3
1:00
3:00
Pre-recorded lecture material - detailed guided exercise in financial analysis in sem1
Scheduled Learning And Teaching Activities
Lecture
23
1:00
23:00
PiP lectures - 18 (9 in sem1, 9 in sem2) 5 will be 2 hours, remainder will be 1 hour
Guided Independent Study
Assessment preparation and completion
1
60:00
60:00
N/A
Guided Independent Study
Directed research and reading
1
66:00
66:00
N/A
Scheduled Learning And Teaching Activities
Small group teaching
6
1:00
6:00
PiP seminars - 3 per semester
Guided Independent Study
Independent study
1
38:00
38:00
N/A
Scheduled Learning And Teaching Activities
Scheduled on-line contact time
4
1:00
4:00
online whole cohort sessions
Total
200:00
Jointly Taught With
Code
Title
ACC1000
Introduction to Non-Specialist Accounting and Finance
Teaching Rationale And Relationship
The formal lecture programme is the main mode for the delivery of new teaching material to students. This enables the communication of concepts and ideas; it provides the basis for the development of skills. The seminar programme provides students with opportunities to discuss concepts and ideas, and to develop skills.
Assessment Methods
The format of resits will be determined by the Board of Examiners
Exams
Description
Length
Semester
When Set
Percentage
Comment
Written Examination
180
2
A
100
N/A
Exam Pairings
Module Code
Module Title
Semester
Comment
ACC1000
Introduction to Non-Specialist Accounting and Finance
2
Exam Paired with ACC1000 for semester 2
Formative Assessments
Description
Semester
When Set
Comment
Prob solv exercises
1
M
Seminar questions provided
Prob solv exercises
2
M
Seminar questions provided
Assessment Rationale And Relationship
ASSESSMENT IS BY WRITTEN EXAMINATION, WITH QUESTIONS STRUCTURED IN ACCORDANCE WITH THE MATERAIL IN THE ASSESSMENT COVERED IN MODULE TEACHING DURING BOTH SEMESTERS. THIS METHOD TESTS STUDENTS’ KNOWLEDGE OF KEY BUSINESS TOPICS FROM THE ACCOUNTING AND FINANCE PERSPECTIVE AND THE ABILITY TO CRITICALLY ASSESS AND INTERPRET FINANCIAL AND MANAGEMENT ACCOUNTING REPORTS.
