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 or business.
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 capital investment
Learning Outcomes
On successful completion of this module, a student will be able to:
Teaching Methods
Class contact time will be two hours per week. 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 Individual Mid - Course Coursework test (50%)
and an Individual End of Course Coursework test (50%).
