Core Module Information
Module title: Corporate Accounting

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

Module code: ACC08909
Module leader: Matthew Bonnett
School The Business School
Subject area group: Accountancy
Prerequisites

Learning equivalent would be:
Financial Accounting (ACC07102)
Preparation of financial accounts for sole traders and partnerships including incomple

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 and balance sheet in a suitable regulatory format
Interpretation of limited company financial statements

Learning Outcomes for module:

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

Full Details of Teaching and Assessment
2020/1, Trimester 1, FACE-TO-FACE,
VIEW FULL DETAILS
Occurrence: 001
Primary mode of delivery: FACE-TO-FACE
Location of delivery: HONG KONG
Partner:
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 tutorial classes

Summative Assessment:
There will be a final exam which will be a closed-book two hour exam and constitute 70% of the final
mark. The other 30% of the final mark will be obtained via a class test.

Student Activity (Notional Equivalent Study Hours (NESH))
Mode of activityLearning & Teaching ActivityNESH (Study Hours)
Face To Face Lecture 18
Face To Face Practical classes and workshops 18
Independent Learning Guided independent study 164
Total Study Hours200
Expected Total Study Hours for Module200


Assessment
Type of Assessment Weighting % LOs covered Week due Length in Hours/Words
Class Test 30 1,2 7 HOURS= 01.00, WORDS= 0
Centrally Time Tabled Examination 70 1-4 14/15 HOURS= 02.00, WORDS= 0
Component 1 subtotal: 30
Component 2 subtotal: 70
Module subtotal: 100

Indicative References and Reading List - URL:
Corporate Accounting (HK) - ACC08909