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

Semester 1 Credit Value: 10
Semester 2 Credit Value: 10
ECTS Credits: 10.0


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
Scheduled Learning And Teaching ActivitiesLecture181:0018:00N/A
Guided Independent StudyAssessment preparation and completion641:0064:00N/A
Scheduled Learning And Teaching ActivitiesLecture62:0012:00N/A
Guided Independent StudyDirected research and reading501:0050:00N/A
Scheduled Learning And Teaching ActivitiesSmall group teaching61:006:00N/A
Guided Independent StudyIndependent study501:0050:00N/A
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

The format of resits will be determined by the Board of Examiners

Description Length Semester When Set Percentage Comment
Written Examination601A25N/A
Written Examination1202A75N/A
Exam Pairings
Module Code Module Title Semester Comment
ACC1000Introduction to Non-Specialist Accounting and Finance1Exam Paired with ACC1000 for both semesters and Resit
LAC1003Introduction to Accounting and Finance (for Business School Students)1Paired with London module version for both semesters and resit
Formative Assessments
Description Semester When Set Comment
Prob solv exercises1MSeminar questions provided
Prob solv exercises2MSeminar questions provided
Assessment Rationale And Relationship

The formal examination will assess candidates' ability to prepare and interpret accounting reports and data, as well as to explain key concepts.

Reading Lists