Modules

Core Module Information
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: Accounting and Finance
Prerequisites

Requisites: AND Pre-requisite: Preparation of financial accounts for sole traders and partnerships including incomplete records at SCQF Level 7. AND Pre-requisite: [Module ACC07102] Financial Accounting
Description of module content:

Regulation of financial reporting for limited companies.Accounting standards relevant to accounting policies including non-current assets, inventory and recognising revenue from customer contracts, events after the reporting period, provisions and accounting for corporation tax.Income Statement, balance sheet and cash flow statement in a suitable regulatory format.Interpretation of limited company financial statements.
Learning Outcomes for module:

Upon completion of this module you will be able to

LO1: Discuss 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.
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: Matthew Bonnett
Module Organiser:


Student Activity (Notional Equivalent Study Hours (NESH))
Mode of activityLearning & Teaching ActivityNESH (Study Hours)NESH Description
Face To Face Lecture 24 Lectures will introduce each topic with background information and the key issues. They will contain some worked examples that will be gone through during the class.
Face To Face Tutorial 24 Tutorials will allow you to solve exam-style questions in-class with immediate help and support from the tutor. You will gain confidence in translating the teaching materials from the lecture into techniques for solving exam-style problems.
Online Guided independent study 152 You should read the recommended chapters in the course textbook each week, as well as review the lecture notes. Then you should review the lecture examples and tutorial problems and do additional practice questions from past papers or the textbook.
Total Study Hours200
Expected Total Study Hours for Module200


Assessment
Type of Assessment Weighting % LOs covered Week due Length in Hours/Words Description
Class Test 30 1~2 10 HOURS= 90 minutes Class Test will be a mixture of short answers and MCQs covering the first 6 topics of the module. Will be held in-person in a closed book environment.
Centrally Time Tabled Examination 70 1~2~3~4 Exam Period HOURS= 2.5 hours Centrally Time Tabled Examination will cover in particular the preparation of the financial statements in correct limited company format plus financial analysis.This is a closed book assessment held on campus.
Component 1 subtotal: 30
Component 2 subtotal: 70
Module subtotal: 100
2024/5, Trimester 1, 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: Matthew Bonnett
Module Organiser:


Student Activity (Notional Equivalent Study Hours (NESH))
Mode of activityLearning & Teaching ActivityNESH (Study Hours)NESH Description
Face To Face Lecture 24 Lectures will introduce each topic with background information and the key issues. They will contain some worked examples that will be gone through during the class.
Face To Face Tutorial 24 Tutorials will allow you to solve exam-style questions in-class with immediate help and support from the tutor. You will gain confidence in translating the teaching materials from the lecture into techniques for solving exam-style problems.
Online Guided independent study 152 You should read the recommended chapters in the course textbook each week, as well as review the lecture notes. Then you should review the lecture examples and tutorial problems and do additional practice questions from past papers or the textbook.
Total Study Hours200
Expected Total Study Hours for Module200


Assessment
Type of Assessment Weighting % LOs covered Week due Length in Hours/Words Description
Class Test 30 1~2 10 HOURS= 90 minutes Class Test will be a mixture of short answers and MCQs covering the first 6 topics of the module. Will be held in-person in a closed book environment.
Centrally Time Tabled Examination 70 1~2~3~4 Exam Period HOURS= 2.5 hours Centrally Time Tabled Examination will cover in particular the preparation of the financial statements in correct limited company format plus financial analysis.This is a closed book assessment held on campus.
Component 1 subtotal: 30
Component 2 subtotal: 70
Module subtotal: 100

Indicative References and Reading List - URL:
Corporate Accounting - ACC08104
 

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