Module title: Introduction to Accounting (D/L)

SCQF level: 08:
SCQF credit value: 20.00
ECTS credit value: 10

Module code: ACC08101
Module leader: Rachel Findlay
School The Business School
Subject area group: Accountancy Finance and Law
Prerequisites

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

2017/8, Trimester 3, Online,
Occurrence: 001
Primary mode of delivery: Online
Location of delivery: N/A
Partner:
Member of staff responsible for delivering module: Rachel Findlay
Module Organiser:


Learning, Teaching and Assessment (LTA) Approach:
Learning & Teaching methods including their alignment to LOs

The use of the self-study distance learning material is required. Additional texts / web resources and the use of Moodle are also recommended.

The self-study material provides the students with worked examples and self-study questions to complete. The assessment activities use a mix of practical and theoretical tasks to allow the achievement of the learning outcomes of the module.

Embedding of employability/PDP/Scholarship Skills

The module encourages problem solving, research, report writing, referencing, numerical and communication skills. The module provides an underpinning for further studies in accounting, yet is also complete in itself for any student wishing to include an accounting component in their studies.

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)
Online Guided independent study 50
Independent Learning Guided independent study 150
Total Study Hours200
Expected Total Study Hours for Module200


Assessment
Type of Assessment Weighting % LOs covered Week due Length in Hours/Words
Essay 50 1,2,3,4 5 HOURS= 0, WORDS= 1000
Report 50 1,2,3,4,5 13 HOURS= 0, WORDS= 1000
Component 1 subtotal: 50
Component 2 subtotal: 50
Module subtotal: 100

Description of module content:

Financial accounting: the accounting equation, debits & credits, ledger accounts, trial balance.
Final accounts for a sole trader (internal use)
Types of business organisation and sources of finance
Management accounting: direct and indirect costs, costing statements, contribution and break even.
Ratio analysis and interpretation
Accounting concepts and principles

Learning Outcomes for module:

LO1: Explain the rules, elements and objectives of financial statements.
LO2: Apply accounting concepts and principles.
LO3: Prepare extracts from financial statements.
LO4: Apply management accounting techniques and use them in decision making.
LO5: Analyse, interpret and report on the published financial statements of a limited company.

Indicative References and Reading List - URL:

Recommended - JOHN DYSON (2011) ACCOUNTING FOR NON-ACCOUNTING STUDENTS: FT PRENTICE HALL, 8th ed.
Click here to view the LibrarySearch.