Course Details in 2020/21 Session

Module Title	LC Financial Accounting and Accountability
School	Birmingham Business School
Department	Birmingham Business School
Module Code	07 32179
Module Lead	Jo Watkins
Level	Certificate Level
Credits	20
Semester	Semester 1
Pre-requisites
Co-requisites
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 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%)
Other
Reading List