NBS8006 : Accounting for Analysts
- Offered for Year: 2020/21
- Module Leader(s): Professor David McCollum-Oldroyd
- Lecturer: Dr Claudia Gabbioneta, Professor Simon Hussain, Dr Khansaa Tezeny
- Owning School: Newcastle University Business School
- Teaching Location: Newcastle City Campus
Semesters
| Semester 1 Credit Value: | 15 |
| Semester 2 Credit Value: | 15 |
| ECTS Credits: | 15.0 |
Aims
1. To empower students with the knowledge, understanding and confidence to analyse and interpret the information in companies’ annual reports
Outline Of Syllabus
1. Fundamental concepts of financial accounting
2. Introduction to the work of a financial analyst
3. Conceptual and regulatory framework for financial reporting
4. Structure and content of companies’ financial statements
5. Revenue recognition and disclosure
6. Asset recognition and valuation
7. Analysis and interpretation of financial statements using ratios (1)
8. Consolidated financial statements
9. Goodwill and intangibles
10. Financial Instruments
11. Liabilities – provisions and leases
12. Cash flow statements
Teaching Methods
Please note that module leaders are reviewing the module teaching and assessment methods for Semester 2 modules, in light of the Covid-19 restrictions. There may also be a few further changes to Semester 1 modules. Final information will be available by the end of August 2020 in for Semester 1 modules and the end of October 2020 for Semester 2 modules.
Teaching Activities
| Category | Activity | Number | Length | Student Hours | Comment |
|---|---|---|---|---|---|
| Structured Guided Learning | Lecture materials | 12 | 2:00 | 24:00 | Non-synchronous online material - intensive 3 week introduction |
| Structured Guided Learning | Lecture materials | 15 | 2:00 | 30:00 | Non-synchronous online material - Main body of module |
| Guided Independent Study | Assessment preparation and completion | 1 | 90:00 | 90:00 | Three assessments to prepare and complete |
| Structured Guided Learning | Academic skills activities | 14 | 2:00 | 28:00 | Non-synchronous |
| Scheduled Learning And Teaching Activities | Small group teaching | 9 | 1:00 | 9:00 | Synchronous seminars |
| Guided Independent Study | Independent study | 1 | 102:00 | 102:00 | N/A |
| Scheduled Learning And Teaching Activities | Scheduled on-line contact time | 13 | 1:00 | 13:00 | Moderated discussion board via CANVAS |
| Scheduled Learning And Teaching Activities | Module talk | 4 | 1:00 | 4:00 | Whole cohort |
| Total | 300:00 |
Teaching Rationale And Relationship
1. At master's level the distinction between lecture material and small group teaching can be rather more fluid than at undergraduate level. Sessions will set out basic knowledge and techniques, but will also involve discussion to foster deeper understanding and develop skills.
2. The module will start with an intensive three-week introduction to accounting designed to ensure that all students have the basic understanding of accounts required for the programme.
3. Later teaching will be more evenly paced over the rest of the year, and will involve regular use of financial statements and real world examples.
Assessment Methods
Please note that module leaders are reviewing the module teaching and assessment methods for Semester 2 modules, in light of the Covid-19 restrictions. There may also be a few further changes to Semester 1 modules. Final information will be available by the end of August 2020 in for Semester 1 modules and the end of October 2020 for Semester 2 modules.
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 | 75 | N/A |
| Written Examination | 120 | 1 | M | 20 | N/A |
Other Assessment
| Description | Semester | When Set | Percentage | Comment |
|---|---|---|---|---|
| Prof skill assessmnt | 1 | M | 5 | Group PowerPoint Presentation Report |
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
The first exam is to assess how students stand after the first three weeks of intensive delivery. It is formative as well as summative in its intention given that students will need to apply the knowledge tested in the remainder of the module.
The group project is designed to give students practice in reading published literature in a critical way and will be particularly important in assessing the development of professional skills. Students will also gain by getting formative feedback on these.
The end of year examination will assess a wide range of learning outcomes including knowledge outcomes as well as skills outcomes. Some questions will focus on problem solving, whereas others will require students to analyse and interpret real-world data from company reports. The high weighting attached to the examination is to ensure that students demonstrate understanding and skills in a controlled environment and is in line with other modules on the programme.
Reading Lists
Timetable
- Timetable Website: www.ncl.ac.uk/timetable/
- NBS8006's Timetable