MAN-10024 - Financial Accounting

Coordinator: Thanamas Kungwal Tel: +44 1782 7 34264

Lecture Time: See Timetable...

Level: Level 4

Credits: 15

Study Hours: 150

School Office: 01782 733094

Programme/Approved Electives for 2020/21

None

Available as a Free Standing Elective

Co-requisites

None

Prerequisites

Pre-requisite - MAN-10015

Barred Combinations

None

Description for 2020/21

The module builds on the foundation knowledge acquired in a prior module entitled 'Accounting Principles'. It develops knowledge in financial accounting which will facilitate student progression through more advanced financial accounting modules and supports professional body accreditation of related degree programmes. The module includes the development of skills in the preparation and analysis of key financial statements and skills in using IT to maintain and prepare accounting information. Students will have access to, and training in, an industry wide accounting software package and so will be able to apply accounting skills in a real world situations.

Aims

This module will reinforce and develop knowledge of fundamental concepts and key techniques of financial accounting as a basis for progression to Level 5 accounting and finance undergraduate modules. The module will also provide transferable skills and may enhance employability.

Talis Aspire Reading List
Any reading lists will be provided by the start of the course.
http://lists.lib.keele.ac.uk/modules/man-10024/lists

Intended Learning Outcomes

explain key concepts of financial accounting: 1,2
prepare principal financial statements of business organisations: 2
assess financial performance through analysis of principal financial statements: 1,2
discuss accountability and its relevance to financial statements and their main users: 2
explain key aspects of the legal and regulatory framework of financial reporting: 1,2
use double entry book-keeping and understand its limitations: 1

Study hours

Lectures 18 hours
Tutorials 6 hours
Lecture and Tutorial Prep 24 hours
Private Study 38 hours
Assignment and Exam Prep 60 hours
Mid-term assessment 2 hours
Final examination 2 hours

School Rules

Pre-requisite - MAN-10015

Description of Module Assessment

1: Computer Task weighted 40%
1 hour and 30 minutes closed-book computer-administered exam
1 hour and 30 minutes closed-book computer-administered questions examining concepts and techniques. Students will be presented with a variety of questions, some multiple choice and others requiring a computed response. This assessment will in the main focus on the technical skills and techniques of financial accounting.

2: Unseen Exam weighted 60%
2-hour take away exam
Take-away exam which will be available on KLE for 24-hours for you to answer and submit your answer via Turnitin File. Although students have been given significant time to complete this exam script, we expect most students to spend no more than 3 hours to complete and submit their answers via Turnitin (with a maximum of 3000 words). Answers should be as accurate and concise as possible. The exam will test knowledge and skills in financial accounting, including computational questions and also questions of interpretation of financial accounting statements and discussion of key underlying concepts.

MAN-10024 - Module Specification Keele Business School Faculty of Humanities and Social Sciences

MAN-10024 - Module Specification
Keele Business School
Faculty of Humanities and Social Sciences