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Module

ACC1003 : Introduction to Accounting and Finance (for Business School Students)

  • Offered for Year: 2021/22
  • Module Leader(s): Dr Simon Parry
  • 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

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 LearningLecture materials81:008:00Pre-recorded lecture material
Scheduled Learning And Teaching ActivitiesLecture181:0018:00PiP lectures
Guided Independent StudyAssessment preparation and completion160:0060:00N/A
Guided Independent StudyDirected research and reading166:0066:00N/A
Scheduled Learning And Teaching ActivitiesSmall group teaching61:006:00PiP seminars - 3 per semester
Guided Independent StudyIndependent study138:0038:00N/A
Scheduled Learning And Teaching ActivitiesScheduled on-line contact time41:004:00online whole cohort sessions
Total200:00
Jointly Taught With
Code Title
ACC1000Introduction 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

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 Examination1802A100N/A
Exam Pairings
Module Code Module Title Semester Comment
ACC1000Introduction to Non-Specialist Accounting and Finance2Exam Paired with ACC1000 for semester 2
Formative Assessments
Description Semester When Set Comment
Prob solv exercises1MSeminar questions provided
Prob solv exercises2MSeminar 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.

Reading Lists

Timetable