|Prerequisite||Pass in Mathematics at Standard grade, or equivalent.|
|Module Co-ordinator||Professor Alan Goodacre|
|Assessment||25% Coursework consisting of 2 class tests, worth 10% and 15%. 75% Examination|
Module Introduction, aims and objectives
This module is the first module on accounting and finance degree programmes and provides the stepping stone for further study of accounting and finance. We look at different organisation types from sole traders to partnerships and limited companies and examine their legal, tax and accounting characteristics. You will learn the basic language of accounting and use this knowledge to prepare income and financial position statements. We introduce the various sources of finance available to businesses and analyse firm performance using ratio analysis based on accounting information.
The module assumes no prior knowledge of accounting and begins with an introduction to the subject, its purpose, role and limitations.
The aim of the module is to provide an understanding of the basic tools for financial accounting and financial analysis, and an introduction to the financing of business.
Learning outcomes and skill developed
By the end of the module a student should be able to:
The main text which is an essential purchase for the module is:
Catherine Gowthorpe, Business Accounting and Finance, 3rd Ed [Cengage Learning (2011); ISBN 9781408018378]
This module information is representative of what is included in the module in a given year. Details of actual reading, lectures and coursework may vary year to year and will be available at the beginning of the semester.