One hour class test/ computer based assessment
(Learning Outcomes 1 and 2) 40%

One 1.5 hours class test/exam
(Learning outcomes 2 and 3) 60%

Using accounting records to prepare the following statements:

Trial balance
Trading and profit and loss account
Balance sheet
Cash flow statement

The above statements will be carried out in the context of various types of trading and manufacturing businesses which will cover sole traders and limited companies as different forms of business organisations.

A study of the regulatory environment as it affects financial accounting and reporting. It will also examine the analysis and interpretation of accounts using appropriate financial techniques.

In the second part of the module you will be introduced to accounting for management decision-making; areas to be covered include:
Working capital management
Cost classification and break-even analysis
Absorption and marginal costing techniques and their relevance to short-term and long-term decision making
Budgeting and planning
Investment appraisal techniques and strategic investment decision making

The module will conclude with a consideration of appropriate accounting techniques for short, medium and long-term planning and control.

48 hours of formal lectures/large group activity
24 hours of tutorial
228 hours of directed independent study

The lecture / tutorial pattern may vary with some activities taking place in medium sized workshop groups.
The development of skills will represent 20% (60 hours) of the total learning hours.
There will be formative assessment to monitor progress during the module, in addition to the summative assessments (computer based assessment and exam/test)

Library learning resources
The Module website

Gowthorp, C. (2003) Business Accounting and Finance for Non-Specialists, first Edition. Thomson Publishing. (ISBN 1-86152-872-8).
Atrill, P. and McLaney, E. (2004) Accounting and Finance for Non-Specialists, fourth Edition. FT: Prentice Hall. (ISBN 0273 679627).