Modules

Core Module Information
Module title: Accounting for Business
SCQF level: 07:
SCQF credit value: 20.00
ECTS credit value: 10
Module code: ACC07104
Module leader: Kilugala Malimi
School The Business School
Subject area group: Accounting and Finance
Prerequisites

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

Upon completion of this module you will be able to

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.
Full Details of Teaching and Assessment
2024/5, Trimester 1, In Person,
VIEW FULL DETAILS
Occurrence: 001
Primary mode of delivery: In Person
Location of delivery: CRAIGLOCKHAR
Partner:
Member of staff responsible for delivering module: Kilugala Malimi
Module Organiser:


Student Activity (Notional Equivalent Study Hours (NESH))
Mode of activityLearning & Teaching ActivityNESH (Study Hours)NESH Description
Face To Face Lecture 22 Each week you 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. Employability skills are embedded throughout the module.
Face To Face Practical classes and workshops 22 The tutorial/seminars will use a case study approach, which encourages you to actively participate in your learning and, at the same time, provides weekly formative assessments. The aim throughout will be to develop your ability to apply the accounting knowledge learnt in the lectures, and in your reading, to a range of practical scenarios. Employability skills are embedded throughout the module. The tutorial/seminars will enhance problem solving, numerical, communication and presentation skills
Online Guided independent study 156 Guided independent study
Total Study Hours200
Expected Total Study Hours for Module200


Assessment
Type of Assessment Weighting % LOs covered Week due Length in Hours/Words Description
Practical Skills Assessment 25 2 6 HOURS= 2 hours The class test in week 6 will test your ability toprepare basic financial statements whilst also giving you relatively early feedback as to how you are adapting to university life.
Practical Skills Assessment 25 3~4 11 HOURS= 2 Hours The objective class test in week 11 tests your analytical skills as you apply financial information to decision making.
Report 50 1~5 Exam Period , WORDS= 2000 The report in week 14 requires you to link your theoretical knowledge to the real world. You 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 you how financial statements are prepared under International Financial Reporting Standards.
Component 1 subtotal: 50
Component 2 subtotal: 50
Module subtotal: 100
2024/5, Trimester 2, In Person,
VIEW FULL DETAILS
Occurrence: 002
Primary mode of delivery: In Person
Location of delivery: CRAIGLOCKHAR
Partner:
Member of staff responsible for delivering module: Kilugala Malimi
Module Organiser:


Student Activity (Notional Equivalent Study Hours (NESH))
Mode of activityLearning & Teaching ActivityNESH (Study Hours)NESH Description
Face To Face Lecture 22 Each week you 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. Employability skills are embedded throughout the module.
Face To Face Practical classes and workshops 22 The tutorial/seminars will use a case study approach, which encourages you to actively participate in your learning and, at the same time, provides weekly formative assessments. The aim throughout will be to develop your ability to apply the accounting knowledge learnt in the lectures, and in your reading, to a range of practical scenarios. Employability skills are embedded throughout the module. The tutorial/seminars will enhance problem solving, numerical, communication and presentation skills
Online Guided independent study 156 Guided independent study
Total Study Hours200
Expected Total Study Hours for Module200


Assessment
Type of Assessment Weighting % LOs covered Week due Length in Hours/Words Description
Practical Skills Assessment 25 2 6 HOURS= 2 hours The class test in week 6 will test your ability toprepare basic financial statements whilst also giving you relatively early feedback as to how you are adapting to university life.
Practical Skills Assessment 25 3~4 11 HOURS= 2 Hours The objective class test in week 11 tests your analytical skills as you apply financial information to decision making.
Report 50 1~5 Exam Period , WORDS= 2000 The report in week 14 requires you to link your theoretical knowledge to the real world. You 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 you how financial statements are prepared under International Financial Reporting Standards.
Component 1 subtotal: 50
Component 2 subtotal: 50
Module subtotal: 100
2024/5, Trimester 3, In Person,
VIEW FULL DETAILS
Occurrence: 001
Primary mode of delivery: In Person
Location of delivery: CRAIGLOCKHAR
Partner:
Member of staff responsible for delivering module: Kilugala Malimi
Module Organiser:


Student Activity (Notional Equivalent Study Hours (NESH))
Mode of activityLearning & Teaching ActivityNESH (Study Hours)NESH Description
Face To Face Lecture 22 Each week you 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. Employability skills are embedded throughout the module.
Face To Face Practical classes and workshops 22 The tutorial/seminars will use a case study approach, which encourages you to actively participate in your learning and, at the same time, provides weekly formative assessments. The aim throughout will be to develop your ability to apply the accounting knowledge learnt in the lectures, and in your reading, to a range of practical scenarios. Employability skills are embedded throughout the module. The tutorial/seminars will enhance problem solving, numerical, communication and presentation skills
Online Guided independent study 156 Guided independent study
Total Study Hours200
Expected Total Study Hours for Module200


Assessment
Type of Assessment Weighting % LOs covered Week due Length in Hours/Words Description
Practical Skills Assessment 25 2 6 HOURS= 2 hours The class test in week 6 will test your ability toprepare basic financial statements whilst also giving you relatively early feedback as to how you are adapting to university life.
Practical Skills Assessment 25 3~4 11 HOURS= 2 Hours The objective class test in week 11 tests your analytical skills as you apply financial information to decision making.
Report 50 1~5 Exam Period , WORDS= 2000 The report in week 14 requires you to link your theoretical knowledge to the real world. You 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 you how financial statements are prepared under International Financial Reporting Standards.
Component 1 subtotal: 50
Component 2 subtotal: 50
Module subtotal: 100

Indicative References and Reading List - URL:
Accounting for Business
 

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