AF3S152 - Principles of Accounting 01 Aug 2021 - 31 Aug 2032 | Version 2
Associated Module Information
| Module Code: | AF3S152 | ||
|---|---|---|---|
| Module Title: | Principles of Accounting | ||
| Faculty: | Faculty of Business and Creative Industries | ||
| Faculty Group: | Accounting and Finance | ||
| Faculty Sub Group: | Accounting and Finance | ||
| Module Leader: | louise miles | ||
| Module Team: | Tammy Laugharne, Adrienne Evans, Shehla Khan, Natalie Bartram, Louise Hung, Lucie Corcoran, Liam Hutchinson, Claire Reed, Mohammad Al Zu Bi, Jared Davies, Carrol Seah, Daphnie Goh, Mui Mui Goh, Gerwyn Lewis, Bethan Williams | ||
| First Intended Intake: | SEP 2021 | Final Year of Intake: | 2026 |
| Date Closed: | |||
| Credit Value: | 20 | Credit Level: | 6 |
| Language: | English | ||
| Percentage of Module Taught in Welsh: | 0 | ||
| Equivalent Module: | |||
| HECOS codes: | 100105 - accounting | ||
| HECOS Code Weighting: | 100 | ||
Document Version Information
| Version | 2 |
|---|---|
| Valid From | 01 Aug 2021 |
| Valid To | 31 Aug 2032 |
Module Aims
To develop a knowledge and understanding of the fundamental principles of financial accounting, financial reporting and management accounting in a business management context.
Content Summary
• Fundamental financial accounting principles and their practical application.
• The structure, content and preparation of the main financial statements used in business.
• The analysis and interpretation of financial statement information.
• Cost accounting principles, terminology and application in a business context.
• Budgeting theory and practice.
• Sources of business finance and investment appraisal techniques
Learning and Teaching Methods
| Activity Type | Hours |
|---|---|
| Groupwork | 8 |
| Formative Assessment - Independent | 2 |
| Directed Study | 40 |
| Independent Study | 110 |
| Practical classes and workshops | 30 |
| Lecture | 10 |
| Total Hours Selected | 200 |
Learning Outcomes
| # | Learning Outcome |
|---|---|
| LO1 | Explain the nature, source and purpose of financial and management accounting information and develop critical analytical skills in evaluating the usefulness of such information. |
| LO2 | Prepare financial and management accounting information in a business context, applying appropriate accounting techniques. |
Module Requisites
N/A
Assessment Criteria
| Assessment Category | Assessment Type | Description | Duration | Word Count | Weight (%) | Best of? | Pass Mark |
|---|---|---|---|---|---|---|---|
| Set Exercise - Time Constrained (EX) | Classroom Test Time Constrained (EX) 2 | In class time constrained test | 120 | N/A | 50 | No | 40 |
| Set Exercise - Time Constrained (EX) | Classroom Test Time Constrained (EX) 1 | In class time constrained test | 120 | N/A | 50 | No | 40 |
Assessment Matrix
| Assessment Type | Learning Outcomes | ||
|---|---|---|---|
| LO1 | LO2 | ||
| Classroom Test Time Constrained (EX) 2 | ✔ | ✔ | |
| Classroom Test Time Constrained (EX) 1 | ✔ | ✔ | |