Browse Hierarchy BUS139F: Introduction to Financial Accounting

This is a core module for all students enrolled on the BSc Accountancy programme and counts as an exemption against an ICAEW exemption module at certificate level, the pass mark is 50%. This module will be offered at Level 4 as a core module and will provide the necessary foundation for the level 5 modules. The module provides insights into how accounting is embedded in a socio-economic, political and cultural context and how accounting is shaped by this context and in turn shapes this context. Adopting this broader perspective the module elaborates accounting concepts in the context of decision-making, control and governance. Key conventions and methods of accounting are discussed by focusing on the measuring and reporting of the financial position, the financial performance and cash flow of business organisations, the analysis of the financial statements produced by business organisations. NOTE: The non-standard pass-mark of 50% applies for each element of assessment within the module as well as the overall module mark.