Module Identifier MMM8010  
Academic Year 2004/2005  
Co-ordinator Mr Teerooven Soobaroyen  
Semester Semester 1  
Course delivery Lecture   18 Hours  
  Seminars / Tutorials   5 Hours  
Assessment TypeAssessment Length/DetailsProportion
Semester Exam2 Hours  70%
Semester Assessment One written assignment30%
Supplementary Exam2 Hours  100%

Learning outcomes

Having completed this module, student should be able to:


This module aims to give students a practical grasp of the basics of financial reporting (context, purposes, and the regulatory framework), the recording of business transactions and the preparation, understanding and analysis of financial accounts (being the profit and loss account, balance sheet and cash flow statement). The over-riding concern is that students should not be panicked or cowed when faced with financial accounting information; rather, that they should be able properly to discern and interpret financial accounting information, and contribute usefully to discussions and decision making based on or about it.

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

Brief description

This module is intended to provide a practical understanding of the context, preparation and analysis of financial accounts, as pertinent to the non-specialist general manager.


Reading Lists

Lyn M Fraser and Aileen Ormiston (1998) Understanding Financial Statements, Pearson
R H Parker (1999) Understanding Company Financial Statements, Penguin
P Attril and E McLaney (2004) Accounting and Finance for Non-specialists, Prentice Hall
T Davies and B Pain (2002) Business Accounting and Finance, McGraw Hill


This module is at CQFW Level 7