Learning Outcomes
1. APPLY FINANCIAL ACCOUNTING TECHNIQUES UTILISING INTEGRATED ACCOUNTING SOFTWARE Application
Knowledge and Understanding
2. DEMONSTRATE KNOWLEDGE AND UNDERSTANDING OF ACCOUNTING INFORMATION SYSTEMS AND CRITICALLY APPRAISE THE BENEFITS ASSOCIATED WITH THE USE OF ACCOUNTING SOFTWARE Learning
Analysis
Knowledge and Understanding
Learning
Reflection
3. GENERATE AND EVALUATE FINANCIAL REPORTS USING INTEGRATED ACCOUNTING SOFTWARE Analysis
Knowledge and Understanding
Learning
Assessment Details
1 ½ hr computer based assessment (end of module exam) weighted at 100% - assesses learning outcome 1, 2 and 3. This will be a mixture of computer based examination and questions to be completed during the exam timescale.
Formative assessment will be provided throughout the module. Digital tools will be used to enhance learning.
Indicative Content
You will learn how to use the market leading integrated accounting software, SAGE, and build on the accounting understanding already gained from previous modules and apply it to real business situations. You will cover financial management of customer, suppliers, income and payments, and business management of cost accounting, budgeting and cash flow management, as well as looking at the contemporary business environment including cloud computing, fraud and data management.
This module provides an evaluation of accounting information systems and related internal controls; the benefits and risks associated with the use of accounting software and the provision of accounting information for internal and external purposes.
You will also learn how to:
- Enter daily business transactions
- Create service and product invoices
- Undertake stock control and order processing
- Process non-routine transactions
- Process month end adjustments
- Operate a fixed asset register
- Complete bank reconciliations
- Produce and critically evaluate management reports
- Download reports to excel for further analysis
Learning Strategies
The learning strategy for the module requires students to commit 150 learning hours (including assessment) of this there will be 36 hours class support and 114 hours of independent learning and self-directed study.
The emphasis is upon `learning by doing' and there will be 36 hours of `hands-on' computer workshops using integrated accounting software. Students will use the accounting software to record the financial transactions of a small business and prepare management reports.
114 hours of student centred activities involving reading, self-assessed exercises, computer assisted work and revision.
Texts
Kelly, J. (2016). Sage 50 Accounts For Dummies (updated for 2016). 4th Ed. Wiley & sons: Chichester. (ISBN 978-`1-119-21415-1)
Resources
Module study guide
The University Library and Learning Resources - books and academic journals
The module VLE Blackboard
Electronic data bases
Learning support materials
Internet
Integrated accounting software including SAGE accounting software (onsite only)
Web Descriptor
You will learn how to use the market leading integrated accounting software, SAGE, and build on the accounting understanding already gained from previous modules and apply it to real business situations. You will cover financial management of customer, suppliers, income and payments, and business management of cost accounting, budgeting and cash flow management, as well as looking at the contemporary business environment including cloud computing, fraud and data management.