Programme And Module Handbook
Course Details in 2020/21 Session

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Module Title LC Financial Accounting and Accountability
SchoolBirmingham Business School
Department Birmingham Business School
Module Code 07 32179
Module Lead Jo Watkins
Level Certificate Level
Credits 20
Semester Semester 1
Restrictions None
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 and holding stakeholders to account.
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 32179-01 : MCQ Class Test : Class Test (25%)
32179-02 : 3 hour Exam : Exam (Centrally Timetabled) - Written Unseen (50%)
32179-10 : Canvas Quiz 1 : Class Test (8.3%)
32179-11 : Canvas Quiz 2 : Class Test (8.3%)
32179-12 : Canvas Quiz 3 : Class Test (8.4%)
Assessment Methods & Exceptions Assessments: Class test (25%), Online quizzes (25%), 3 hours exam (50%)
Reading List