Introduction to Accounting and Finance
MODULE CODE
CREDIT VALUE
DELIVERY
Module Aims
Aim 1
The module aims to provide an introduction to the basic principles and practice of accounting and finance. It assumes no prior knowledge of accounting nor finance.
Module Content
Financial accounts:
Recording data, sole trader accounts, service and merchandising company accounts.
Management accounting:
Purpose; nature of costs; basic costing approaches; cost-volume-profit analysis; budgeting.
Finance:
Introduction to Basic Finance and Capital Investment Concepts
Learning Outcomes
On successful completion of this module, a student will be able to:
Teaching Methods
The teaching and learning strategy adopted in this module assumes that students have no prior knowledge of the subject matter and limited experience of academic work. This module consists of a mixture of lecture, class-based discussion, and a range of exercises of both academic and real-world examples. Material will be presented through a mixture of lectures and small group seminars. The lecture will introduce the student to some ideas and demonstrate how to tackle problems; the seminars will reinforce the lecture material by providing an opportunity to try ‘problem-solving exercises’ with the aid of a member of staff to provide assistance and discussion as required.
Assessment Methods
This module is assessed through an In-class test (30%) and an Exam (70%).
