Course Details in 2018/19 Session

Module Title	LH Financial Accounting
School	Birmingham Business School
Department	Birmingham Business School
Module Code	07 15828
Module Lead	Jo Watkins
Level	Honours Level
Credits	10
Semester	Semester 1
Pre-requisites
Co-requisites
Restrictions	Available to Postgraduate Diploma/Y1 MBA students only
Contact Hours	Lecture-20 hours Seminar-10 hours Guided independent study-70 hours Total: 100 hours
Exclusions
Description	The module introduces students to the contents and preparation of Profit and Loss Accounts, Balance Sheets and Cash-flow Statements and other financial information provided in companies accounting reports. The emphasis is on using accounting information as a manager, with little emphasis on the mechanics of book-keeping. Some exercises in preparation of accounting statements are included in order to give students the necessary familiarity with the statements. The module continues by looking at the concepts underlying accounting information and the role of law and accounting standards in this. The module concludes by looking at the analysis and interpretation of financial statements, including the use of financial ratios. It also provides students with practice in performing these analyses.
Learning Outcomes	By the end of the module the student should be able to: Understand the contents of reported financial statements; Prepare simple financial statements from source material; Calculate and understand the purpose of appropriate financial ratios; Discuss the bases of preparation of financial statements and their strengths and limitations in providing information on companies; Review financial statements in order to express opinions on the performance of the companies concerned.
Assessment	15828-04 : Assessment : Coursework (50%) 15828-05 : Exam : Exam (School Arranged) - Written Unseen (50%)
Assessment Methods & Exceptions	3 hr written examination 50%, One written assignment 3000 words 50%
Other
Reading List