Module Descriptors
FINANCIAL REPORTING AND AUDIT (DISTED)
MKTG60255
Key Facts
Digital, Technology, Innovation and Business
Level 6
30 credits
Contact
Leader: Anne Harbisher
Email: A.Harbisher@staffs.ac.uk
Hours of Study
Scheduled Learning and Teaching Activities: 60
Independent Study Hours: 240
Total Learning Hours: 300
Assessment
- EXAMINATION - UNSEEN IN EXAMINATION CONDITIONS weighted at 50%
- EXAMINATION - UNSEEN IN EXAMINATION CONDITIONS weighted at 50%
Module Details
Module Special Admissions Requirements
Introduction to Financial Accounting or equivalent and Advanced Financial Accounting or equivalent
Module Additional Assessment Details
Semester 1
An examination length 3 hour(s) weighted at 50% Tests Learning Outcomes 1 and 2
Semester 2
An examination length 3 hour(s) weighted at 50% Tests Learning Outcomes 3 and 4
An examination length 3 hour(s) weighted at 50% Tests Learning Outcomes 1 and 2
Semester 2
An examination length 3 hour(s) weighted at 50% Tests Learning Outcomes 3 and 4
Module Resources
The University Library and learning resources
Electronic databases such as EBSCO, BIDS
Web sites of UK CCAB Accounting Bodies
Web sites of International Accounting Bodies
The module website
Electronic databases such as EBSCO, BIDS
Web sites of UK CCAB Accounting Bodies
Web sites of International Accounting Bodies
The module website
Module Texts
Financial Reporting
Elliott B and Elliott J, 2005,Financial Accounting and Reporting, 9th Edition, Prentice Hall. ISBN 0-273-69381-6
Audit
Power, M, 2001, Audit Society, Oxford University Press
Gray I and Manson S (2007) The Audit Process: Principles, Practices and Cases, Thompson
Elliott B and Elliott J, 2005,Financial Accounting and Reporting, 9th Edition, Prentice Hall. ISBN 0-273-69381-6
Audit
Power, M, 2001, Audit Society, Oxford University Press
Gray I and Manson S (2007) The Audit Process: Principles, Practices and Cases, Thompson
Module Indicative Content
Financial Reporting
This module develops your knowledge and understanding of Advanced Financial Accounting through the application of the regulatory framework.
You will begin by examining the conceptual framework, the evolution of the regulatory framework within the UK and international standards.
You will further the development of your skills in the preparation of published accounts and go on to study equity liability, asset measurement, disclosure and corporate governance.
Audit
You will then consider the civic environment and legal framework within which the audit is conducted. Concentrating on ethics, independence, regulations and fraud
The concepts, principles and techniques of auditing will be explored. This will include the stages in the audit processes; Audit Planning and control, Internal controls and compliance testing, Substantive testing, Computer controls, Audit Opinion and report.
This module develops your knowledge and understanding of Advanced Financial Accounting through the application of the regulatory framework.
You will begin by examining the conceptual framework, the evolution of the regulatory framework within the UK and international standards.
You will further the development of your skills in the preparation of published accounts and go on to study equity liability, asset measurement, disclosure and corporate governance.
Audit
You will then consider the civic environment and legal framework within which the audit is conducted. Concentrating on ethics, independence, regulations and fraud
The concepts, principles and techniques of auditing will be explored. This will include the stages in the audit processes; Audit Planning and control, Internal controls and compliance testing, Substantive testing, Computer controls, Audit Opinion and report.
Module Learning Strategies
The learning strategy for the module requires students to commit 300 learning hours (including assessment) of this there will be 60 hours of class support and 240 hours of independent and self directed study. Support will also be given by access to Scheduled Tutor Office Hours to support the module.
12 hours of lectures/large group based activity
24 hours of formal lectures
24 hours of tutor led activity - workshops and case study activity
12 hours of lectures/large group based activity
24 hours of formal lectures
24 hours of tutor led activity - workshops and case study activity