The module will provide an understanding of the theory and practical application of accounting in relation to the following accounting procedures: the interpretation of external financial statements of incorporated companies (Financial Accounting); internally generated accounting information for decision making and control within organisations (Management Accounting); the financial markets and sources of funds (Corporate Finance). The module will also develop skills in the analysis of accounting data and provide a good understanding of the underlying assumptions on which the figures are based.

By the end of the module students should be able to:

• demonstrate critical knowledge and understanding of and be able to interpret a set of previously unseen financial statements;
• apply complex management accounting concepts to business decision-making;
• demonstrate comprehensive knowledge and understanding of, and critically analyse the role and function of accounting in the organisation both as an internal reporting and external reporting tool.