Module manager: Jessica Johnson
Email: j.c.johnson@leeds.ac.uk
Taught: Semester 1 (Sep to Jan) View Timetable
Year running 2024/25
LUBS1925 | Introduction to Management Accounting |
LLLC1387 | Accounting for Non-Specialists |
LUBS1225 | Accounting for Managers |
LUBS1235 | Introductory Financial Accounting |
LUBS1245 | Introductory Management Accounting |
LUBS2035 | Finance for Small Business |
This module is not approved as a discovery module
This module aims to introduce students to the basic concepts of financial accounting and the preparation and interpretation of financial statements in a business context.
On completion of this module, students will be able to:
- Understand the basic concepts of financial accounting and the preparation of financial statements
- Provide a basic insight into the operations of a simple business
Subject specific:
- Apply current technical standards, language and practices of accounting to prepare financial statements
- Competently record and summarise financial transactions
Transferable:
- Extract relevant information from structured scenarios and data in order to identify problems and define solutions
- Competently apply numerical skills to manipulate and interrogate financial and non-financial data
Indicative content:
- nature of accounting and decision making
- double entry bookkeeping
- financial statements
- control accounts
- cost of sales, inventory
- accruals and prepayments
- irrecoverable debts
- non-current assets
- company accounts and analysis
Delivery type | Number | Length hours | Student hours |
---|---|---|---|
Lecture | 11 | 2 | 22 |
Seminar | 10 | 1 | 10 |
Private study hours | 68 | ||
Total Contact hours | 32 | ||
Total hours (100hr per 10 credits) | 100 |
This could include a variety of activities, such as reading, watching videos, question practice and exam preparation.
Formative feedback will be available through feedback on some practice questions and seminar activities, as well as Q&A related to the exam.
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: 4/29/2024
Errors, omissions, failed links etc should be notified to the Catalogue Team