Brief description
This module aims to provide students with a broad understanding of financial reporting in the UK and grounding in the preparation of basic financial accounts.

Aims
The module aims to assist the development of a variety of PTS by encouraging students to:

• Identify and distil key features covered by lectures, tutorials and recommended readings;
• 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.

Learning outcomes
Having followed this module a student should:

• understand the accounting conventions which underpin financial accounting
• have a knowledge of the different forms of UK business organisations
• know how assets and liabilities are usually valued by UK accountants
• understand the recording procedures followed by most organisations
• be capable of preparing a simple set of accounts from a trial balance
• understand the techniques and limitations of ratio analysis

Module outline
The current year's module outline can be found via The School's website