Module manager: Helenne Doody
Email: h.k.doody@leeds.ac.uk
Taught: Semester 1 (Sep to Jan) View Timetable
Year running 2024/25
| LLLC1387 | Accounting for Non-Specialists |
| LUBS1225 | Accounting for Managers |
| LUBS1915 | Introduction to Financial Accounting |
| LUBS1925 | Introduction to Management Accounting |
| LUBS2035 | Finance for Small Business |
This module is approved as a discovery module
The module is intended for non-accounting specialists and aims to introduce you to the basic concepts of financial accounting and interpretation of financial statements in a business context. The module provides an insight into how financial information is used and reported in business and provides a platform for those interested in pursuing the more advanced financial accounting modules in levels 2 and 3.
The aim of this module is to introduce students to the basic concepts of financial accounting and interpretation of financial statements in a business context and provide grounding in the basic concepts of financial accounting.
Upon completion of this module students will be able to:
- Recognise and explain how simple financial transactions are recorded and outline the current technical standards, language and practices of accounting
- Interpret financial and non-financial information and data to provide a basic insight into the operations of a simple business
Upon completion of this module students will be able to:
Transferable
- Extract relevant information from structured scenarios and data to identify problems and define solutions
Subject specific
- Competently apply numerical skills to manipulate and interrogate financial data
Indicative Content
Essential accounting terminology and concepts, and an introduction to basic financial statements of sole traders and limited companies
The preparation of accounts
The interpretation of accounts, including an introduction to the calculation and interpretation of financial statements and financial ratios as a means of assessing company performance
| Delivery type | Number | Length hours | Student hours |
|---|---|---|---|
| Workshop | 5 | 1 | 5 |
| Lecture | 10 | 1.5 | 15 |
| Private study hours | 80 | ||
| Total Contact hours | 20 | ||
| Total hours (100hr per 10 credits) | 100 | ||
This could include a variety of activities, such as reading, watching videos, question practice and exam preparation.
Your teaching methods could include a variety of delivery models, such as face-to-face teaching, live webinars, discussion boards and other interactive activities. There will be opportunities for formative feedback throughout the module.
| Exam type | Exam duration | % of formal assessment |
|---|---|---|
| Standard exam (closed essays, MCQs etc) | 2.0 Hrs 0 Mins | 100 |
| Total percentage (Assessment Exams) | 100 | |
The resit for this module will be 100% by 2 hour examination.
The reading list is available from the Library website
Last updated: 5/16/2024
Errors, omissions, failed links etc should be notified to the Catalogue Team