| Semester 1 Credit Value: | 10 |
| Semester 2 Credit Value: | 10 |
| ECTS Credits: | 10.0 |
GCSE Mathematics Grade 6 (or equivalent)
N/A
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.
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
By the end of the module students should be able to:
- Develop an understanding of key accounting concepts involved in the preparation of financial statements,
-Recognise and utilise the key techniques for interpreting financial statements,
-Analyse management accounting and investment appraisal techniques and understand their purposes within the contexts of planning, decision making and control,
-Evaluate the concepts of budgeting and short term decision making.
By the end of the module students should be able to:
- Critically assess and interpret financial reports
- Analyse and prepare management accounting reports
| Category | Activity | Number | Length | Student Hours | Comment |
|---|---|---|---|---|---|
| Scheduled Learning And Teaching Activities | Lecture | 23 | 1:00 | 23:00 | PiP lectures x 18. (9 in sem1, 9 in sem2) 13 will be 1 hour sessions, 5 will be 2 hour sessions |
| Structured Guided Learning | Lecture materials | 3 | 1:00 | 3:00 | pre-recorded lecture material (detailed worked example of financial analysis in semester 1) |
| 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 |
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.
The format of resits will be determined by the Board of Examiners
| Description | Length | Semester | When Set | Percentage | Comment |
|---|---|---|---|---|---|
| Digital Examination | 180 | 2 | A | 100 | N/A |
| Module Code | Module Title | Semester | Comment |
|---|---|---|---|
| ACC1003 | Introduction to Accounting and Finance (for Business School Students) | 2 | Exam pairing is for semester 2 |
| Description | Semester | When Set | Comment |
|---|---|---|---|
| Prob solv exercises | 1 | M | Seminar questions provided |
| Prob solv exercises | 2 | M | Seminar questions provided |
ASSESSMENT IS BY DIGITAL 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.
N/A
Disclaimer: The information contained within the Module Catalogue relates to the 2023/24 academic year. In accordance with University Terms and Conditions, the University makes all reasonable efforts to deliver the modules as described. Modules may be amended on an annual basis to take account of changing staff expertise, developments in the discipline, the requirements of external bodies and partners, and student feedback. Module information for the 2024/25 entry will be published here in early-April 2024. Queries about information in the Module Catalogue should in the first instance be addressed to your School Office.