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

Programme/Approved Electives for 2024/25

Available as a Free Standing Elective

Co-requisites

None

Prerequisites

Pre-requisite - MAN-10015

Barred Combinations

None

Description for 2024/25

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.

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.

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: 1,2

Study hours

Lectures 18 hours
Tutorials 6 hours
Private study 122 hours
Mid-term assessment 2 hours
Final examination 2 hours

School Rules

Pre-requisite - MAN-10015

Description of Module Assessment