Module Descriptors
INTRODUCTION TO BUSINESS ACCOUNTING
ACCT50131
Key Facts
School of Justice, Security and Sustainability
Level 5
15 credits
Contact
Leader: Ahmad Mlouk
Email: A.Mlouk@staffs.ac.uk
Hours of Study
Scheduled Learning and Teaching Activities: 36
Independent Study Hours: 114
Total Learning Hours: 150
Assessment
- CLASS-TEST weighted at 100%
Module Details
Module Indicative Content
Study the role of the accounting function in Business management and control
Using accounting records to prepare the following statements:
Trial balance
Trading and profit and loss account
Balance sheet
Cash Flow
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.
A study of key accounting concepts.
It will also examine the analysis and interpretation of accounts using appropriate financial techniques.
Using accounting records to prepare the following statements:
Trial balance
Trading and profit and loss account
Balance sheet
Cash Flow
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.
A study of key accounting concepts.
It will also examine the analysis and interpretation of accounts using appropriate financial techniques.
Module Learning Strategies
24 hours of formal lectures/large group activity
12 hours of tutorial
114 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% (50 hours) of the total learning hours.
There will be formative assessment to monitor progress during the module, in addition to the summative assessment
12 hours of tutorial
114 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% (50 hours) of the total learning hours.
There will be formative assessment to monitor progress during the module, in addition to the summative assessment
Module Resources
Library learning resources
The Module website
The Module website
Module Texts
Gowthorp, C. (2005) Business Accounting and Finance for Non-Specialists, 2nd Edition. Thomson Publishing.
Atrill, P. and McLaney, E. (2004) Accounting and Finance for Non-Specialists, fourth Edition. FT: Prentice Hall.
Atrill, P. and McLaney, E. (2004) Accounting and Finance for Non-Specialists, fourth Edition. FT: Prentice Hall.
Module Additional Assessment Details
The 1 hour class test will assess all Learning Outcomes