Modiwl HMB-1120:
Principles of Fin Acc
Principles of Financial Accounting 2024-25
HMB-1120
2024-25
Bangor Business School
Module - Semester 1
20 credits
Module Organiser:
Debbie Gilliland
Overview
The module introduces book-keeping skills and techniques and also includes accounting concepts and conventions which guide corporate accounting practice.
The content encompasses measuring and reporting the financial position of an organisation; measuring and reporting the financial performance of an organisation; and book-keeping and the preparation of company and sole-trader accounts.
Assessment Strategy
-threshold -D- to D+ (40-49%): No major omissions or inaccuracies in the deployment of information/skills. Some grasp of theoretical/conceptual/practical elements. Integration of theory/practice/information present intermittently in pursuit of the assessed work's objectives.
-another level-C- to C+ (50-59%): Much of the relevant information and skills mostly accurately deployed. Adequate grasp of theoretical/conceptual/practical elements. Fair integration of theory/practice/information in the pursuit of the assessed work's objectives. Some evidence of the use of creative and reflective skills.
-good -B- to B+ (60-69%): Very good performance Most of the relevant information accurately deployed. Good grasp of theoretical/conceptual/practical elements. Good integration of theory/practice/information in pursuit of the assessed work's objectives. Evidence of the use of creative and reflective skills.
-excellent -A- to A+ (70%+): Outstanding performance. The relevant information accurately deployed. Excellent grasp of theoretical/conceptual/practice elements. Good integration of theory/practice/information in pursuit of the assessed work's objectives. Strong evidence of the use of creative and reflective skills.
Learning Outcomes
- Be capable of preparing accounts for sole traders and companies.
- Demonstrate an understanding of accounting concepts, conventions and theory.
- Demonstrate familiarity with basic book-keeping skills.
- Develop confidence and competence in a range of learning process
- Develop the ability to find materials relevant to particular issues and to appraise their provenance and limitations
Assessment method
Class Test
Assessment type
Crynodol
Description
Class Test 1 Mid-semester multiple-choice question - testing students understanding on the double entry process.
Weighting
25%
Assessment method
Exam (Centrally Scheduled)
Assessment type
Crynodol
Description
Final Exam Exam that will assess all learning outcomes, and will require a mixture of computational and written work
Weighting
75%