Module title: Corporate Accounting

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

Module code: ACC08104
Module leader: Matthew Bonnett
School The Business School
Subject area group: Accountancy Finance and Law
Prerequisites

Learning equivalent would be:
Financial Accounting (ACC07102)
Preparation of financial accounts for sole traders and partnerships including incomplete records to SCQF Level 7.

Preparation of financial accounts for sole traders and partnerships including incomplete records to SCQF Level 7.

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: Matthew Bonnett
Module Organiser:


Learning, Teaching and Assessment (LTA) Approach:
Learning and teaching outcomes including their alignment to LO’s
LO1 - 4 The lectures are used to explain the topic areas and demonstrate calculations and preparation of statements. The tutorial sessions will be used to discuss accounting practices and will involve computation and practical examples.
Embedding of employability/PDP/scholarship skills
Skills developed include technical expertise, written communication, problem solving and numerical skills.
Assessment (formative and summative)
The practical assessment will examine the students’ ability to apply accounting principles to various accounting transactions. The examination will be a mixture of computational and narrative style questions.
Research / teaching links
The area of financial reporting is in a constant state of change and the module content will be revised to keep up to date with the latest accounting research, accounting pronouncements and regulatory framework.
Supporting equality and diversity
A study pack will be supplied detailing topic areas with reading references and tutorial questions, this information together with lecture slides and examples will be available via Moodle.
Internationalisation
The module will introduce students to international developments in the area of financial reporting.


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 24
Face To Face Practical classes and workshops 24
Independent Learning Guided independent study 152
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 30 1-2 1 HOURS= 1, WORDS= 0
Centrally Time Tabled Examination 70 1-4 1 HOURS= 2, WORDS= 0
Component 1 subtotal: 30
Component 2 subtotal: 70
Module subtotal: 100

Description of module content:

Regulation of financial reporting for limited companies.
Accounting standards relevant to accounting policies including fixed assets, stock and LT contracts, post balance sheet events, provisions and current tax
Income Statement, balance sheet and cash flow statement in a suitable regulatory format
Interpretation of limited company financial statements

Learning Outcomes for module:

LO1: Describe the current regulation for financial reporting
LO2: Identify and apply the provisions of a range of financial accounting standards
LO3: Prepare an income statement, balance sheet and cash flow statement in accordance with accounting regulations
LO4: Interpret and analyse the financial statements of a limited company.

Indicative References and Reading List - URL:

Core - MELVILLE, A (2015) INTERNATIONAL FINANCIAL REPORTING - A PRACTICAL GUIDE: PRENTICE HALL, 5th ed. - ISBN: 9781292086231
Recommended - FINCH, C (2012) A STUDENT'S GUIDE TO INTERNATIONAL FINANCIAL REPORTING STANDARDS: KAPLAN PUBLISHING, 3rd ed. - ISBN: 9781857327628
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