Module Resources
The University Library and Learning Resources
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Module Learning Strategies
The learning strategy for the module requires students to commit 150 learning hours (including assessment). Of this, there will be 36 hours of class support and 114 hours of independent and self-directed study. Learning support material will be provided for the module.
The lectures will provide the main advanced financial accounting themes, analysis of concepts and their application. This knowledge will be reinforced by the preparation and discussion of questions in the tutorials and by student self study time. The latter will inlcude obtaining and examining contemporary published UK financial statements and visiting corporate websites to support the knowledge acquired.
Module Indicative Content
The module aims to build on the basics of accounting previously covered. To develop students to become proficient at day to day accounting and knowledge of up to date accounting issues.
A number of key financial standards will be discussed. Establishing the reason for them, variations allowed by the standard and the accounting for the standard. These will include but will not be limited to FRS 1 Cashflow Statements and Stocks.
Due to the large influence of globalisation, Foreign currency and group accounting will be investigated.
Module Texts
Lewis, Richard. & Pendrill, David. (2000). Advanced Financial Accounting, 6th ed. FT Prentice Hall. ISDN 273638335
Wood, Frank. (1999). Business Accounting, 8th ed. FT Pitman Publishing. ISDN 0273637436
Alexander & Britton. (2004). Financial Reporting, 7th ed. Thomson Learning. ISDN 1844800334
Black, Geoff. (2003). Students' Guide to Accounting and Financial Reporting Standards, 9th ed. FT Prentice Hall. ISDN 0273683500
Module Additional Assessment Details
An Examination - unseen in examination conditions - 3 hours weighted at 100%. Assesses Learning Outcomes 1 and 2.
Module Special Admissions Requirements
Must have studied 'Introduction to Financial Accounting' or equivalent.