Module Identifier AC11020  
Academic Year 2004/2005  
Co-ordinator Ms Megan R Williams  
Semester Semester 2 (Taught over 2 semesters)  
Mutually Exclusive AC10120  
Course delivery Lecture   18 Hours  
  Seminars / Tutorials   6 Hours  
Assessment TypeAssessment Length/DetailsProportion
Semester Exam3 Hours  70%
Semester Assessment Class Test - 20%; Coursework 10%30%
Supplementary Exam  100%

Learning outcomes

Having followed this module a student should be able to:


This module aims to give students a thorough grasp of the basics of financial reporting (context, purposes, regulatory framework) and build towards a proficiency in the recording of business transactions, and the preparation and interpretation of the primary financial statements (profit and loss account, balance sheet and cash flow statement). It also aims to build proficiency in the use of accounting computer software.

The module also aims to assist the development of a variety of personal transferable skills by encouraging students to:

Brief description

This module provides a thorough grounding in the context, purposes and practices of financial reporting, and an intorduction to the interpretation of financial accounts.

This is a compulsory module for first year BScEcon Accounting and Finance (single, joint, major and minor) and Business Finance students.

For a student to progress to Part 2 and to remain on a single, joint, major or minor Accounting and Finance degree scheme AC11020, AC10710 and AC10210 MUST be passed with a mark of 40 or better for each module.


Reading Lists

** Recommended Text
Britton, A and Waterson, C (2003) Financial Accounting 3rd edition,. Prentice Hall
** Supplementary Text
A Thomas (2002) Introduction to Financial Accounting 4th edition. McGraw-Hill
Bebbington, J., Gray, R. and Laughlin, R. (2001) Financial Accounting Practice and Principles Thomson Learning
Glautier, M.W.E. and Underdown, B. (2001) Accounting Theory and Practice Prentice Hall
Parker, R.H. (1999) Understanding Company Financial Statements Penguin
Attrill, P. & McLaney, E. (2001) Accounting and Finance for Non-Specialists Prentice Hall
Arnold, J., Hope, T., Southworth, A. and Kirkham, L. (1994) Financial Accounting 2nd edition. Prentice Hall
Weetman, P. (1999) Financial Accounting: An Introduction 2nd edition. Prentice Hall


This module is at CQFW Level 4