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Financial Accounting

Module code: AFCI 1301

Module description

A technically oriented module intended to develop a high level of skill utilising commonly and regularly used financial accounting procedures and techniques.

Students will have the opportunity to develop knowledge and understanding of the methods and techniques used by financial accountants to record and present financial information to interested parties.

Students will study the principles of double entry book-keeping including year end adjustments and learn how to prepare final accounts for sole traders, partnerships and limited companies. They will also be introduced to the skills required to analyse and interpret financial statements.

Contact hours per student per year

  • Lectures: 22 hours
  • Tutorials: 22 hours

Assessments

  • Computerised exercise: 40%
  • Unseen exam (120 mins): 60%

Additional costs: No extra costs other than purchase of books

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