2024/25 Undergraduate Module Catalogue

LLLC1426 Business Accounting

20 Credits Class Size: 30

Module manager: David Gilding
Email: d.gilding@leeds.ac.uk

Taught: Semester 1 (Sep to Jan) View Timetable

Year running 2024/25

This module is not approved as a discovery module

Module summary

This module allows you to develop an understanding of the language and terminology of accounting. You will also develop an understanding of the techniques and processes of accounting that are used in order to inform business decision making.

Objectives

The objectives of the module are to enable you to:
1. Apply principles of financial accounting
2. Apply principles of management accounting
3. Evaluate financial information

Learning outcomes

On successful completion of the module students will have demonstrated the following learning outcomes relevant to the subject:
1. Use relevant financial accounting terminology
2. Prepare financial statements for a Limited Company
3. Interpret accounting statements of a limited company using ratio analysis
4. Apply marginal and relevant costing techniques
5. Prepare and interpret a cash budget
6. Apply investment appraisal techniques

Skills Learning Outcomes:
On successful completion of the module students will have demonstrated the following skills learning outcomes:
1. The ability to understand, interpret, analyse and manipulate numerical financial data relating to a lmited company (Work Ready)
2. The ability to understand what makes a business or organisation financially successful, and an awareness of the wider financial environment within which it operates (Work Ready)
3. The ability to take a logical approach to solving management accounting problems. (Work Ready)

Syllabus

Details of the syllabus will be provided on the Minerva organisation (or equivalent) for the module.

Teaching Methods

Delivery type Number Length hours Student hours
Workshop 11 1.5 16.5
Independent online learning hours 83.5
Private study hours 100
Total Contact hours 16.5
Total hours (100hr per 10 credits) 200

Opportunities for Formative Feedback

Through workshops, monitoring of student contributions, formative feedback and staged submission of coursework. Drafts can be submitted in line with tutor deadlines. Peer feedback on in-class activities and online discussion

Methods of Assessment

Coursework
Assessment type Notes % of formal assessment
Assignment Students will prepare and analyse Income Statements and Balance Sheets of limited companies 50
Assignment Students will apply and interpret management accounting tools and techniques 50
Total percentage (Assessment Coursework) 100

Normally resits will be assessed by the same methodology as the first attempt, unless otherwise stated

Reading List

The reading list is available from the Library website

Last updated: 2/8/2024

Errors, omissions, failed links etc should be notified to the Catalogue Team