20 credits at level HE4
•To enable the learner to understand the principles which underpin financial information in business.
•To enable the learner to understand the purpose and problems of financial measurement.
•To encourage an understanding of the uses and limitations of financial statements.
•To develop learning to learn skills in the area of numeracy and Information technology
•Users of financial information. Knowledge and understanding of the sources uses and management of finance.
Overhead allocation and apportionment.
Job and simple process costing.
Decision making techniques.
Introduction to budgeting and the importance of cash flow.
•Preparation and analysis of financial information
The balance sheet and the income statement.
Sole trader, partnership and limited company final accounts.
Concepts and conventions and an introduction to the use of accounting regulations.
Interpretation of financial statement.
•Use of information technology:
Application of spreadsheet packages (EXCEL) in finance
Introduction to the use of accounting software
(SAGE, BYZANTIUM, PEER/TEACH)
Formal learning time will be directed by subject tutors. Learners will be advised to undertake directed reading and additional study time.
Formal Lectures 13
In Course Assessment 3
Directed Reading 42
Assessment Preparation 24
Private Study 92
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.||•Demonstrate in both numerical and written analysis a clear understanding of the sources and uses of finance in the business organisation.|
|2.||•Explain and apply primary concepts and conventions.||•Demonstrate the application of the primary concepts and conventions as appropriate to the activity.|
|3.||•Define and apply financial terms adequately||•Use basic financial terms in context with reasonable accuracy.|
|4.||•Apply numeracy||•Apply selected techniques, test and draw satisfactory conclusions.|
|5.||•Use IT software packages||•Demonstrate the use of spreadsheet packages and accounting software.|
Your achievement of the learning outcomes for this module will be tested as follows:
|Description||Case study based examination|
Before taking this module you must have successfully completed the following:
and/or be taking the following corequisite modules:
No restrictions apply.
Atrill, P. (2004) Accounting and finance for non-specialists, 4th ed. Harlow : Prentice Hall/Financial Times
Bendry, M. Hussey, R. 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. Thomson Learning
Hand, L. Issaks, C. Sanderson, P. (2004) Introductory accounting for non-specialists. London : Thomson Learning
Jones, M. (2002) Accounting for non-specialists. Chichester : Wiley
Ryan, B. (2004) Accounting and finance for non specialists. London : Thomson Learning
Wood, F. Sangster, A. (2005) Frank Wood's business accounting 1, 10th ed. Harlow : Financial Times Prentice Hall
Bized (n.d.) A Web site for students and educators in business studies, economics, accounting, leisure, sport & recreation and travel & tourism: Accounting. Online. Available from
Accessed 15 July 2006
|Host Subject Group:||Business Studies|
|User Name||Date Accessed||Action|