Course Details in 2022/23 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|
|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.
31806-01 : Coursework : Coursework (50%)
31806-02 : 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|