Foundations of Financial Accounting

Module code: MN1016

We've all heard news stories about the work of financial accountants. Whether a business is reporting enormous profits, huge losses or is barely scraping by, the impact of the release of their accounts can be huge on their future viability.

Financial accounting provides outside stakeholders - such as potential investors, creditors and the general public - with an accurate understanding of a company's commercial and economic viability. This module will introduce you to the foundations and principles behind one of the main types of accounting.

By the end of this module, you will be able to discuss the different uses and users of financial statements. You will be capable of discussing and preparing a basic set of financial statements. Plus, you will feel comfortable analysing and interpreting financial statements.

Learning

  • 20 hours of lectures
  • 8 hours of seminars
  • 122 hours of guided independent study

Assessment

  • Exam, 2 hours (100%)