Introduction to Accounting and Finance

Description

Module description: This module introduces students to the role of accounting and finance in business, with a focus on companies. Module aims The aims of this module are: To introduce students to the various traditions, concepts and techniques in accounting and financial management, and their role in decision-making in business. To enable students to develop a critical understanding of these concepts and methods in practice in the context of both small and large firms. Module learning outcomes By the end of this module, students will be expected to be able to: Demonstrate an understanding of the objectives, functions, importance and limitations of both financial and management accounting in providing useful information to the very users of accounting information for decision making. Obtain knowledge and understanding of the main current technical language and practices of financial accounting; to develop an ability to critically evaluate arguments and evidence; ability to manipulate financial data and prepare a set of financial statements; Explore the role and limitations of accounting information and financial reporting in providing useful information to decision-makers; Demonstrate a good understanding of, and ability to analyse a set of financial statements and explain the limitations in their techniques of analysis; Demonstrate an appreciation of areas which are fundamental to the development of principles of management accounting, understanding of some of the contexts in which management accounting operates and the concepts which underpin management accounting. Obtain knowledge and understanding of the main current technical language and practices of management accounting; to develop an ability to critically evaluate arguments and evidence; ability to manipulate financial data and; Pr Requisites for this module: Pre-requisites: (none) Co-requisites: (none) Pre and / or co-requisites: (none) Prohibited modules: (none) Key module (requisite for): BE141 Key module for: BBA N100 Business Administration, BBA N100CO Business Administration, BBA N100TO Business Administration, BBA N103 Business Administration (Including Placement Year), BBA N103TO Business Administration (Including Placement Year), BBA N104 Business Administration (Including Foundation Year), BBA N104CO Business Administration (Including Foundation Year), BBA N110 Business Administration (Including Year Abroad), BSC N120 International Business and Entrepreneurship, BSC N120CO International Business and Entrepreneurship, BSC N121 International Business and Entrepreneurship (Including Year Abroad), BSC N121CO International Business and Entrepreneurship (Including Year Abroad), BSC N123 International Business and Entrepreneurship (Including Placement Year), BSC N123CO International Business and Entrepreneurship (Including Placement Year), BSC N124 International Business and Entrepreneurship (Including Foundation Year), BSC N124CO International Business and Entrepreneurship (Including Foundation Year), BSC N501 Marketing, BSC N501CO Marketing, BSC N502 Marketing (Including Year Abroad), BSC N502CO Marketing (Including Year Abroad), BSC N504 Marketing (Including Placement Year), BSC N504CO Marketing (Including Placement Year), BSC N505 Marketing (Including Foundation Year), BSC N505CO Marketing (Including Foundation Year), BSC N355 International Business and Finance, BSC N355CO International Business and Finance, BSC N356 International Business and Finance (Including Placement Year), BSC N356CO International Business and Finance (Including Placement Year), BSC N357 International Business and Finance (Including Year Abroad), BSC N357CO International Business and Finance (Including Year Abroad), BSC N358 International Business and Finance (Including Foundation Year), BSC N358CO