|Delivery Type||Delivery length / details|
|Lecture||10 x 2 hours|
|Seminars / Tutorials||5 x 1 hour|
|Assessment Type||Assessment length / details||Proportion|
|Semester Assessment||An individual in-class test, representing 15% of overall module marks. A group project, representing 15% of overall module marks.||30%|
|Semester Exam||2 Hours||70%|
|Supplementary Exam||2 Hours||100%|
Having completed this module, student should be able to:
- Explain the various roles of the accounting function in organisations
- Explain and illustrate the rules and conventions by which financial statements are prepared.
- Interpret company financial statements and prepare a simple analyst style report to interpret underlying business history, position and prospects.
- Explain and evaluate the effects of selected earnings management reporting issues that can impact on the financial analysis exercise.
- Identify and use internal accounting data for selected management accounting and decision-making scenarios.
- Explain the budgeting process and prepare cost centre/cash budgets .
- Explain and discuss on the contemporary management accounting techniques for assessing performance.
The over-riding concern is that students should be able to able to speak the accounting language of business; be able to take an active part in discussions of or based on accounting information; and understand and appropriately employ accounting information and techniques in making business decisions.
Main financial statements
Analysis and interpretation of financial statements
Cost analysis, classification and determination
Short-run decision making
Planning and control systems
Develop basic information accessing and research skills; discriminate between relevant and irrelevant information for the purposes of decision making; analyse data, apply judgement and solve problems
Communicate effectively both orally and in writing; participate actively in tutorials either by leading discussions or responding to issues raised; and work under pressure and meet deadlines
Reading ListShould Be Purchased
Atrill, P. and McLaney, E. (2010/11) Accounting and Finance for Non-Specialists /Peter Atrill and Eddie McLaney. Alternatively, 6th edition (2007/8) 7th edition FT/Prentice Hall Primo search Supplementary Text
Collier, P. Accounting for Managers Primo search Davies, T. and Boczko, T. Business Accounting and Finance Primo search Dyson, J Accounting for Non-Accounting Students Primo search Fraser, L. and Ormiston, A. Understanding Financial Statements, Primo search Jones, M. Accounting Primo search Parker, R Understanding Company Financial Statements, Primo search
This module is at CQFW Level 7