INU0506 : Introduction to Accounting (Inactive)
INU0506 : Introduction to Accounting (Inactive)
- Inactive for Year: 2024/25
- Module Leader(s): Mrs Yvonne Wancke
- Lecturer: Mrs Sarah Wilkinson
- Owning School: INTO Newcastle University
- Teaching Location: Newcastle City Campus
Semesters
Your programme is made up of credits, the total differs on programme to programme.
| Semester 1 Credit Value: | 10 |
| ECTS Credits: | 5.0 |
| European Credit Transfer System | |
Pre-requisite
Modules you must have done previously to study this module
Pre Requisite Comment
N/A
Co-Requisite
Modules you need to take at the same time
Co Requisite Comment
N/A
Aims
This module aims to prepare students for the world of Business and Accounting by giving them opportunities to develop knowledge and skills in accounting and the mathematics needed for these disciplines.
Through a mixture of lecture delivery and small group seminar interaction, students will be guided towards understanding the practical topics in the study of accounting.
Outline Of Syllabus
1 The Basic structure of Accounting
2 Calculating Revenue, Costs & Profit
3 Preparation of Financial Statements:
Income Statement
4 Preparation of Financial Statements:
Balance Sheet
5 Introduction to Graphs
6 Excel and Geogebra Graphs
7 Cumulative Frequency
8 Measures of Central Tendency
9 Dispersion
Learning Outcomes
Intended Knowledge Outcomes
• Understand the purpose of accounting
• Be familiar with fundamental accounting terms
• Know and understand revenue, costs and the different types of profit
• Have a basic understanding of how to read, draw and interpret a company’s annual report and accounts
• Be familiar and confident with using a range of different graphs
• Know how to use computer software to create and edit graphs
• Know and understand what is meant by cumulative frequency
• Be able to define different averages and measures of spread
Intended Skill Outcomes
By the end of this module students will:
• Be able to define key accounting terms with confidence
• Be able to calculate revenue, costs and the different types of profit
• Be able to read, draw and interpret two key financial statements: the Balance Sheet and Income Statement
• Be able to interpret a range of different graphs
• Be able to make decisions on the use of different graphs
• Calculate different averages and measures of spread with confidence
• Be able to interpret and analyse data using graphs, averages and spread
Teaching Methods
Teaching Activities
| Category | Activity | Number | Length | Student Hours | Comment |
|---|---|---|---|---|---|
| Scheduled Learning And Teaching Activities | Lecture | 11 | 2:00 | 22:00 | Assumes that 1 hour of delivered lecture equates to 2 hours of student learning time. |
| Guided Independent Study | Assessment preparation and completion | 1 | 20:00 | 20:00 | Specified and signposted in the lecture and seminars. |
| Guided Independent Study | Directed research and reading | 1 | 34:00 | 34:00 | Specified and signposted in the lecture and seminars. |
| Scheduled Learning And Teaching Activities | Small group teaching | 11 | 2:00 | 22:00 | Present in person - timetabled OR Synchronous online - timetabled |
| Scheduled Learning And Teaching Activities | Drop-in/surgery | 2 | 1:00 | 2:00 | Present in person - timetabled OR Synchronous online - timetabled |
| Total | 100:00 |
Teaching Rationale And Relationship
Lectures are used to introduce material to students and expose theories and concepts. Seminars are used to discuss issues in business and develop skills through discussion and presentation. The smaller group sessions also allow greater scope for skills development. Workshops will be used to check that students understand the material and will be in small enough groups to allow individual questions and problems to be aired.
Reading Lists
Assessment Methods
The format of resits will be determined by the Board of Examiners
Exams
| Description | Length | Semester | When Set | Percentage | Comment |
|---|---|---|---|---|---|
| Written Examination | 90 | 1 | A | 50 | N/A |
Other Assessment
| Description | Semester | When Set | Percentage | Comment |
|---|---|---|---|---|
| Written exercise | 1 | M | 50 | Coursework Assignment |
Assessment Rationale And Relationship
The assessment package has been designed to provide opportunities to develop important skills in coursework, whilst at the same time exposing students to unseen examination questions of various types to help them become accustomed to this mode of assessment. The examinations also allow coverage of the broad range of the syllabus and constitute an appropriate way to assess the acquisition of basic knowledge and understanding.
Timetable
- Timetable Website: www.ncl.ac.uk/timetable/
- INU0506's Timetable
Past Exam Papers
- Exam Papers Online : www.ncl.ac.uk/exam.papers/
- INU0506's past Exam Papers
General Notes
N/A
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Disclaimer
The information contained within the Module Catalogue relates to the 2024 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 2025/26 entry will be published here in early-April 2025. Queries about information in the Module Catalogue should in the first instance be addressed to your School Office.