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Unit information: Introduction to Accounting in 2021/22

Unit name Introduction to Accounting
Unit code ACCG10052
Credit points 20
Level of study C/4
Teaching block(s) Teaching Block 2 (weeks 13 - 24)
Unit director Ms. Liu
Open unit status Not open
Pre-requisites

Grade A or Level 7 in GCSE Mathematics (or equivalent).

Co-requisites

None

School/department School of Accounting and Finance
Faculty Faculty of Social Sciences and Law

Description

The first half of the course provides an introduction to the meaning and uses of information generated by external financial reporting, preparation and analysis of accounts and evaluation of the financial well-being of a business.

The second half of the course provides an introduction to the production and uses of financial information for the internal management of a business. By the end of the unit participants should be able to apply and comment on a range of techniques for product costing, control and investment appraisal.

Intended learning outcomes

On completion of the unit students should be able to:

  • Understand the meaning and uses of financial information.
  • Prepare Financial Statements (Statement of Financial Position, Income Statement and Statement of Cash Flows) and any related statements.
  • Analyse accounts and to comment on the financial well being of an organisation.
  • Understand the types of information that internal management need to run a business.
  • Understand and prepare product costings.
  • Prepare budgets.
  • Understand and analyse financial management and investment decisions

Teaching details

Teaching will be delivered through a combination of synchronous and asynchronous sessions including lectures, tutorials, drop-in sessions, discussion boards and other online learning opportunities

Assessment Details

This unit will be assessed by 100% exam

Resources

If this unit has a Resource List, you will normally find a link to it in the Blackboard area for the unit. Sometimes there will be a separate link for each weekly topic.

If you are unable to access a list through Blackboard, you can also find it via the Resource Lists homepage. Search for the list by the unit name or code (e.g. ACCG10052).

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