Gwybodaeth Modiwlau
Module Identifier
AC30710
Module Title
FINANCIAL ACCOUNTING 1: THE REGULATORY ENVIRONMENT
Academic Year
2008/2009
Co-ordinator
Semester
Intended for use in future years
Pre-Requisite
AC11020
Course Delivery
| Delivery Type | Delivery length / details |
|---|---|
| Lecture | 16 Hours. |
| Seminars / Tutorials | 6 Hours. |
Assessment
| Assessment Type | Assessment length / details | Proportion |
|---|---|---|
| Semester Exam | 3 Hours | 100% |
| Supplementary Exam | 100% |
Learning Outcomes
On completion of this module students will have gained an understanding of
- The preparation and presentation of company accounts
- The regulatory framework which governs the format and content of company accounts. This includes the statutory requirement of the Companies Acts and also those of the Accounting Standards Board under the aegis of the Financial Reporting Council.
- The application of specific accounting standards, including those relating to stock and work in progress, research and development, and government grants.
Brief description
This module is concerned with the preparation of company accounts, and of the calculation of particular items included within those accounts. It provides an introduction to the layout of company accounts and an appreciation of some of the contentious issues relating to their preparation.
Notes
This module is at CQFW Level 6