Course Details in

Module Title	LC Principles of Financial Accounting
School	Birmingham Business School
Department	Birmingham Business School
Module Code	07 25603
Module Lead	Jo Watkins
Level	Certificate Level
Credits	20
Semester	Full Term
Pre-requisites
Co-requisites
Restrictions	Available to BSc Accountancy students only
Contact Hours	Lecture-44 hours Seminar-9 hours Practical Classes and workshops-18 hours Guided independent study-129 hours Total: 200 hours
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.
Learning Outcomes	By the end of the module students should be able to: Understand and apply the principles of double entry bookkeeping Prepare the basic financial statements of sole traders and limited companies Appraise and interpret financial accounting information.
Assessment	25603-01 : Exam : Exam (Centrally Timetabled) - Written Unseen (60%) 25603-03 : Class Test : Class Test (40%)
Assessment Methods & Exceptions	One hour class test 40%; 2 hour examination (60%). Reassessment: 2 hour examination (100%)
Other
Reading List	Further Reading: ICEAW (2006). Accounting Professional Stage Study Manual, UK Recommended Text: W: Weetman, P. (2011). Financial Accounting: an Introduction (5th) UK, Pearson.