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Unit information: Introduction to Accounting in 2015/16

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Unit name Introduction to Accounting
Unit code ACCG10052
Credit points 20
Level of study C/4
Teaching block(s) Teaching Block 2 (weeks 13 - 24)
Unit director Mrs. Suzy Matthews
Open unit status Open

Grade A in GCSE Mathematics.



School/department School of Accounting and Finance
Faculty Faculty of Social Sciences and Law

Description including Unit Aims

The first half of the course provides an introduction to the meaning and uses of information generated by external financial reporting, preparation and analysis of accounts and evaluation of the financial well-being of a business.

The second half of the course provides an introduction to the production and uses of financial information for the internal management of a business. By the end of the unit participants should be able to apply and comment on a range of techniques for product costing, control and investment appraisal.

Intended Learning Outcomes

On completion of the unit students should be able to:

  • Understand the meaning and uses of financial information.
  • Prepare Financial Statements (Statement of Financial Position, Income Statement and Statement of Cash Flows) and any related statements.
  • Understand how trial balances are prepared and how they are used to prepare the Financial Statements.
  • Analyse accounts and to comment on the financial well being of an organisation.
  • Understand the types of information that internal management need to run a business.
  • Understand and prepare product costings.
  • Prepare budgets.
  • Understand and analyse financial management and investment decisions

Teaching Information

  • 20 one-hour lectures for whole cohort
  • 10 one-hour exercise lectures for groups of 50-60 students
  • 10 one-hour tutorials for groups of no more than 15 students

Assessment Information


  • 100% on 3 hour written exam at the end of the relevant teaching block.


  • Tutorials: worked exercises
  • Exercise Lectures: worked exercises

All learning objectives are assessed by both summative and formative assessment

Reading and References

McLaney, E. and P. Atrill: Accounting and Finance, an Introduction, latest edition (Pearson)