Course Details in 2023/24 Session

Module Title	LC Financial Accounting and Accountability
School	Birmingham Business School
Department	Accounting
Module Code	07 31806
Module Lead	Jo Watkins
Level	Certificate Level
Credits	20
Semester	Semester 1
Pre-requisites
Co-requisites
Restrictions	None
Exclusions
Description	This module introduces the function and practice of financial accounting. The syllabus explores the underlying concepts and regulatory framework which underpin financial accounting, the principles of double entry bookkeeping, the nature of internal control, the preparation of the final accounts and the interpretation of financial accounting information. The module also introduces the concept of accountability
Learning Outcomes	By the end of the module, students should be able to: Explain the need for the provision of accounting information. Apply the principles of double entry bookkeeping. Prepare the basic financial statements of sole traders and limited companies. Discuss the information in published financial reports. Appraise and interpret financial accounting information. Examine different aspects of accountability and the importance of holding stakeholders and others to account.
Assessment	31806-01 : Mid module assessment : Coursework (30%) 31806-02 : End of module assessment : Coursework (20%) 31806-05 : Examination : Exam (Centrally Timetabled) - Written Unseen (50%)
Assessment Methods & Exceptions	Assessments: 1 hour class test (30%) 3 hour examination (70%) Reassessment: 3 hour examination (100%)
Other	Dubai version of existing Birmingham based module 32179
Reading List