Module manager: Mr John Smith
Email: j.e.smith@.leeds.ac.uk
Taught: Semester 1 (Sep to Jan) View Timetable
Year running 2012/13
Pass in GCSE Mathematics at grade B or above.
| LUBS1915 | Introduction to Financial Accounting |
| LUBS1925 | Introduction to Management Accounting |
| LUBS2235 | Introduction to Financial Accounting |
This module is approved as an Elective
Most UK organisations produce financial statements that are publicly available. This module will enable students to understand how published information is used to assess company performance using CORE analysis, based on a UK quoted company. It will consider the principles underlying the compilation of financial statements and some of the related problems such as valuation of assets and liabilities. Further information about the Business School is available on the website: <a href= " http://lubswww.leeds.ac.uk/undergraduate/index.php?id=64"target=_blank">Business School</a>
On completion of this module, students will:
- be familiar with the meaning of (most) accounting terminology;
- be aware of the types of financial statements that are included in a published set of accounts, and have developed an understanding of how these statements are produced;
- be able to interpret financial information arising from virtually any organisation;
- be able to understand the distinctions between accounting information produced by an organisation for external publication in the form of financial statements and accounting information produced for the internal purposes of planning, decision making and control.
- Essential accounting terminology and concepts, and an introduction to basic financial statements;
- The preparation of accounts; problems associated with valuing assets and liabilities; including consideration of depreciation methods and the valuation of inventories and work in progress;
- The interpretation of accounts, including company profiling, an introduction to the calculation and interpretation of financial ratios as a means of assessing company performance, and CORE Analysis as a means of strategic performance appraisal using financial statements.
| Delivery type | Number | Length hours | Student hours |
|---|---|---|---|
| Lecture | 11 | 1 | 11 |
| Seminar | 9 | 1 | 9 |
| Private study hours | 80 | ||
| Total Contact hours | 20 | ||
| Total hours (100hr per 10 credits) | 100 | ||
For each 10 credits of study taken the expectation is that the normal study time (including attendance at lectures and classes, self-study and revision) is 100 hours.
- Students will be given solutions to questions considered in classes
- In addition on-line MCQ tests will provide further additional feedback.
| Exam type | Exam duration | % of formal assessment |
|---|---|---|
| Standard exam (closed essays, MCQs etc) | 2.0 Hrs 0 Mins | 100 |
| Total percentage (Assessment Exams) | 100 | |
Normally resits will be assessed by the same methodology as the first attempt, unless otherwise stated
The reading list is available from the Library website
Last updated: 3/7/2013
Errors, omissions, failed links etc should be notified to the Catalogue Team