Module title: Accounting for Business

SCQF level: 07:
SCQF credit value: 20.00
ECTS credit value: 10

Module code: ACC07104
Module leader: Andy Moffat
School The Business School
Subject area group: Accountancy Finance and Law
Prerequisites

There are no pre-requisites for this module to be added

2018/9, Trimester 1, FACE-TO-FACE, Edinburgh Napier University
Occurrence: 001
Primary mode of delivery: FACE-TO-FACE
Location of delivery: CRAIGLOCKHAR
Partner: Edinburgh Napier University
Member of staff responsible for delivering module: Andy Moffat
Module Organiser:


Learning, Teaching and Assessment (LTA) Approach:
Each week students attend a 2 hour lecture and a 2 hour tutorial/seminar. The lectures are participative with regular objective test questions asked throughout in a quiz style format. The tutorial/seminars will use a case study approach, which encourages students to actively participate in their learning and, at the same time, provides weekly formative assessments. The aim throughout will be to develop the student’s ability to apply the accounting knowledge learnt in the lectures, and in their reading, to a range of practical scenarios.
There are three elements of assessments in this module. The class test in week 6 will test the student’s ability to prepare basic financial statements whilst also giving them relatively early feedback as to how they are adapting to university life. The objective class test in week 11 tests the student’s analytical skills as they apply financial information to decision making. The report in week 14 requires the students to link their theoretical knowledge to the real world. They have to source the annual report of a multinational plc, use ratio analysis to interpret the data and write a report. The use of a multinational plc will also show students how financial statements are prepared under International Financial Reporting Standards.
Employability skills are embedded throughout the module. The tutorial/seminars will enhance problem solving, numerical, communication and presentation skills whilst the final assessment, in particular, will develop their research, team-building and report-writing skills.
The module team have developed a handbook which students are asked to purchase (£5). This handbook contains the module descriptor, the scheme of work, summary weekly lecture notes, all the tutorial questions and sample assessments. Lecture notes, tutorial solutions and further sample assessments are available on MOODLE.

Formative Assessment:
On-going formative assessment on student progress will be given during classes

Summative Assessment:
Assessments for this module are reflected in section 17.

Student Activity (Notional Equivalent Study Hours (NESH))
Mode of activityLearning & Teaching ActivityNESH (Study Hours)
Face To Face Lecture 22
Face To Face Practical classes and workshops 22
Independent Learning Guided independent study 156
Total Study Hours200
Expected Total Study Hours for Module200


Assessment
Type of Assessment Weighting % LOs covered Week due Length in Hours/Words
Practical Skills Assessment 25 2 5 HOURS= 1, WORDS= 0
Practical Skills Assessment 25 3 & 4 10 HOURS= 1, WORDS= 0
Report 50 1 & 5 14/15 HOURS= 0, WORDS= 1500
Component 1 subtotal: 50
Component 2 subtotal: 50
Module subtotal: 100
2018/9, Trimester 2, Face-to-Face, Edinburgh Napier University
Occurrence: 002
Primary mode of delivery: Face-to-Face
Location of delivery: CRAIGLOCKHAR
Partner: Edinburgh Napier University
Member of staff responsible for delivering module: Andy Moffat
Module Organiser:


Learning, Teaching and Assessment (LTA) Approach:
Each week students attend a 2 hour lecture and a 2 hour tutorial/seminar. The lectures are participative with regular objective test questions asked throughout in a quiz style format. The tutorial/seminars will use a case study approach, which encourages students to actively participate in their learning and, at the same time, provides weekly formative assessments. The aim throughout will be to develop the student’s ability to apply the accounting knowledge learnt in the lectures, and in their reading, to a range of practical scenarios.
There are three elements of assessments in this module. The class test in week 6 will test the student’s ability to prepare basic financial statements whilst also giving them relatively early feedback as to how they are adapting to university life. This will then be discussed as part of their initial PDP interview. The objective class test in week 11 tests the student’s analytical skills as they apply financial information to decision making. The report in week 15 requires the students to link their theoretical knowledge to the real world. They have to source the annual report of a multinational plc, and by using ratio analysis to interpret the data, they are asked to write a report which analyses the company’s latest financial performance across the financial year. The use of a multinational plc will also show students how financial statements are prepared under International Financial Reporting Standards.
Employability skills are embedded throughout the module. The tutorial/seminars will enhance problem solving, numerical, communication and presentation skills whilst the final assessment, in particular, will develop their research, team-building and report-writing skills.
The module team have developed a handbook which students are asked to purchase (£5). This handbook contains the module descriptor, the scheme of work, summary weekly lecture notes, all the tutorial questions and sample assessments. Lecture notes, tutorial solu

Formative Assessment:
The University is currently undertaking work to improve the quality of information provided on methods of assessment and feedback. Please refer to the section on Learning and Teaching Approaches above for further information about this module’s learning, teaching and assessment practices, including formative and summative approaches.

Summative Assessment:
The University is currently undertaking work to improve the quality of information provided on methods of assessment and feedback. Please refer to the section on Learning and Teaching Approaches above for further information about this module’s learning, teaching and assessment practices, including formative and summative approaches.

Student Activity (Notional Equivalent Study Hours (NESH))
Mode of activityLearning & Teaching ActivityNESH (Study Hours)
Face To Face Lecture 22
Face To Face Practical classes and workshops 22
Independent Learning Guided independent study 156
Total Study Hours200
Expected Total Study Hours for Module200


Assessment
Type of Assessment Weighting % LOs covered Week due Length in Hours/Words
Practical Skills Assessment 25 2 5 HOURS= 1, WORDS= 0
Practical Skills Assessment 25 3 & 4 10 HOURS= 1, WORDS= 0
Report 50 1 & 5 14/15 HOURS= 0, WORDS= 1500
Component 1 subtotal: 50
Component 2 subtotal: 50
Module subtotal: 100

Description of module content:

The objectives of financial reporting. Financial v management accounting. The preparation of the primary financial statements - income statements and balance sheets. Profit v cash. Cash budgeting. Basic costing. Short-term decision making. Regulatory framework. Interpretation of financial data.

Learning Outcomes for module:

LO1: Identify the key objectives of financial reporting
LO2: Prepare basic financial statements
LO3: Recognise how to plan for and manage cash resources
LO4: Apply breakeven analysis to decision making
LO5: Use ratio analysis to interpret financial statements

Indicative References and Reading List - URL:

Recommended - ATRILL & MCLANEY (2015) ACCOUNTING & FINANCE FOR NON-SPECIALISTS: PEARSON, 9th ed. - ISBN: 1292062711
Click here to view the LibrarySearch.