External Reporting

Module   Code






SCQF   Level


Credit   value


Module Co-ordinator           

Dr Sarah-Jane Smith


15% Essay, 10% Class Test, 75% Examination

Module introduction, aims and objectives

To enable students: to understand the purpose and practice of the regulation of financial reporting; to prepare company financial statements including cash flow statements; to examine the provisions of selected accounting standards.

Learning outcomes and skills developed

  • Record transactions using double-entry bookkeeping
  • Prepare company financial statements and identify the components of primary financial statements
  • Appreciate the structure of financial reporting regulation both in the UK and in the international context
  • Explain the conceptual bases of accounting
  • Demonstrate knowledge of the content, purpose and limitation of accounting standards relevant to each of the topic areas covered in the course.

Introductory Reading

The core text, which all students are expected to purchase, is:

Elliott, B and Elliott, J. (2015), Financial Accounting and Reporting 17th edition, Pearsons

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.

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