Modiwl BIC-0030:
Financial Accounting IIM
Ffeithiau’r Modiwl
Rhedir gan Bangor University International College
20.000 Credydau neu 10.000 Credyd ECTS
Semester 1 a 2
Trefnydd:
Amcanion cyffredinol
The aim of this module is to provide an introduction to accounting in terms of theory and practice for students who intend to specialise in accounting or finance. It provides students with an understanding of the technical aspects of financial accounting with a focus on limited lability companies. It considers appropriate UK practice but focuses on International Accounting Standard practice.
Cynnwys cwrs
a) Accounting records and their importance to commercial operations b) Source materials and their use in preparing journals/day-books and ledger accounts c) Recording credit and cash transactions using the system of double-entry bookkeeping; checking accuracy and preparing a trial balance d) Calculation of some key ratios and using these to provide an informed evaluation of a Statement of Financial Position and Income Statement e) Trading and profit and loss accounts, depreciation, stock inventories f) Main applications of ICT in financial accounting
Meini Prawf
dda
Student has scored well in demonstrating a secure knowledge and understanding of many of the topics studied and has achieved a grade enabling progression onto the next phase of the master’s programme
rhagorol
Student has engaged consistently with all the topics of the module and so has clearly demonstrated a high level of suitability for the next phase of the master’s programme
trothwy
Student has performed sufficiently well in demonstrating a basic knowledge and understanding of a number of topics studied to have achieved the lowest level of pass grades.
Canlyniad dysgu
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4) Calculate some key ratios and demonstrate an understanding of how to use them to provide an evaluative interpretation of the Statement of Financial Position and the Income Statement
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1) Demonstrate an understanding of accounting concepts and conventions and the regulatory framework within which it operates
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2) Operate a manual accounting system using double entry book-keeping and prepare a trial balance in good form
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3) Demonstrate knowledge and understanding of a basic statement of Financial Position and Income Statement and the key terms included therein
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5) Examine computer based accounting records (SAGE), make appropriate entries and compare the electronic to the manual record system
Dulliau asesu
Math | Enw | Disgrifiad | Pwysau |
---|---|---|---|
1 written essay | 30.00 | ||
2 case study/report | 30.00 | ||
final exam | 40.00 |
Strategaeth addysgu a dysgu
Oriau | ||
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Practical classes and workshops | 120 | |
Private study | 80 |
Sgiliau Trosglwyddadwy
- Numeracy - Proficiency in using numbers at appropriate levels of accuracy
- Computer Literacy - Proficiency in using a varied range of computer software
- Information retrieval - Able to access different and multiple sources of information
- Critical analysis & Problem Solving - Able to deconstruct and analyse problems or complex situations. To find solutions to problems through analyses and exploration of all possibilities using appropriate methods, rescources and creativity.
Sgiliau pwnc penodol
- Demonstrate numeracy skills required as a basis for further studies in Economics, Financial Accounting and Management
- Operate a manual accounting system
- Use software package to create an electronic recording system
Adnoddau
Goblygiadau o ran adnoddau ar gyfer myfyrwyr
Students will need to purchase text book
Rhestr ddarllen
Core Reading: Benedict, A. and Elliott, B. (2008) Financial Accounting: An Introduction, Pearson Education
Supplementary Fortes, H (2011) Accounting Simplified Pearson Education Johal, P and Vickerstaff, B (2012) Financial Accounting, Hodder Education
Cyrsiau sy’n cynnwys y modiwl hwn
Gorfodol mewn cyrsiau:
- N4AM: MSc Accounting (with Incorporated Pre-Masters) year 0 (MSC/ACC1)
- N4AP: MSc Accounting and Finance (with Incorporated Pre-Masters) year 0 (MSC/ACCF1)
- N3CT: MSc Finance (with Incorporated Pre-Masters) year 0 (MSC/FIN1)
- N2AY: MSc Management and Finance (with Incorporated Pre-Masters) year 0 (MSC/MANF1)