20 credits at level HE5
• To enable the learner to understand the principles which underpin financial information in business management.
•Understanding the purpose and problems of financial measurement.
• Understanding of the uses and limitations of financial statements.
•The development of learning to learn skills in the area of numeracy and information technology
• The development of an appreciation of the professional aspects of financial functions in a business.
• Financial Accounting (7 Weeks)
Introduction to accounting and accounting concepts
Measurement of profit and wealth
Income statements and cash flow
Non current assets
Financing and business structures
Final accounts for a company
Financial statement analysis
• Management Accounting (6 Weeks)
Planning and Control
Accounting for decision making
Budgets and Investment
Management of working capital
• Additional Aspects (ongoing)
Use of technology
Three hours weekly formal learning time will be directed by subject tutors. Learners will be advised to undertake directed reading and additional study time. The module will endeavour to use a range of technology enhanced learning applications, for example WebCT, blogs and web-based learning and communication resources.
Formal Lectures 24
Assessment Tutorial 2
Directed Reading 42
Assessment Preparation 24
Examination 2 hours
Private Study 82
TOTAL HOURS 200
when you have successfully completed this module you will:
to demonstrate that you have achieved the learning outcome you will:
|1.||Understand the sources and uses of finance and information.||Demonstrate in both numerical and written analysis a clear understanding of the sources and uses of finance and information in the business organisation|
|2.||Define and apply financial terms adequately||Use basic financial terms in context with reasonable accuracy|
|3.||Apply numeracy||Apply selected techniques, test and draw satisfactory conclusions.|
|4.||Use professional software packages||Demonstrate the use of spreadsheet packages and/or accounting software.|
|5.||Work in a professional manner||Provide responses to assessments in a professional manner|
Your achievement of the learning outcomes for this module will be tested as follows:
|Description||Assignment of 2500 words (or equivalent calculations).||Examination. 3 Hours|
There are no prerequisites for this module.
No restrictions apply.
Atrill, P. and McLaney, E. (2006) Financial Accounting for non-specialists, 5th ed. Harlow: Financial Times/Prentice Hall.
Bendry, M. Hussey, R. and West, C. (2004) Essentials of financial accounting in business. London: Continuum
Dyson. J.R. (2004) Accounting for non-accounting students 6th ed. Harlow : Longman.
Gowthorpe, C. (2005) Business accounting for non-specialists 2nd ed. London: Thomson Learning
Hand, L. Issaks, C. and Sanderson, P. (2004) Introductory accounting for non-specialists. London: Thomson Learning
Jarvis, R. and Berry, A. (2005) Accounting in a Business Context, 4th ed. London: Thomson Learning
Jones, M. (2002) Accounting for non-specialists. Chichester : Wiley
Ryan, B. (2004) Finance and Accounting for Business. London : Thomson Learning
Wood, F. and Sangster, A. (2005) Frank Wood's Business Accounting 1, 10th ed. Harlow: Financial Times Prentice Hall
e-books (via Athens)
Mott, G. (2005) Accounting for Non-accountants: A Manual for Managers and Students, 6th ed. London: Kogan Page
Bized (n.d.) A Web site for students and educators in business studies, economics, accounting, leisure, sport & recreation and travel & tourism: Accounting. [Online].
|Host Subject Group:||Business|
|User Name||Date Accessed||Action|