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Unit information: Introduction to Accounting in 2022/23

Please note: It is possible that the information shown for future academic years may change due to developments in the relevant academic field. Optional unit availability varies depending on both staffing, student choice and timetabling constraints.

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 Ms. Liu
Open unit status Not open
Units you must take before you take this one (pre-requisite units)

Grade A or Level 7 in GCSE Mathematics (or equivalent).

Units you must take alongside this one (co-requisite units)

None

Units you may not take alongside this one
School/department School of Accounting and Finance
Faculty Faculty of Social Sciences and Law

Unit Information

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.

Your learning on this unit

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.
  • 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

How you will learn

Teaching will be delivered through a combination of synchronous and asynchronous sessions including lectures, tutorials, drop-in sessions, discussion boards and other online learning opportunities

How you will be assessed

This unit will be assessed by 100% exam

Resources

If this unit has a Resource List, you will normally find a link to it in the Blackboard area for the unit. Sometimes there will be a separate link for each weekly topic.

If you are unable to access a list through Blackboard, you can also find it via the Resource Lists homepage. Search for the list by the unit name or code (e.g. ACCG10052).

How much time the unit requires
Each credit equates to 10 hours of total student input. For example a 20 credit unit will take you 200 hours of study to complete. Your total learning time is made up of contact time, directed learning tasks, independent learning and assessment activity.

See the Faculty workload statement relating to this unit for more information.

Assessment
The Board of Examiners will consider all cases where students have failed or not completed the assessments required for credit. The Board considers each student's outcomes across all the units which contribute to each year's programme of study. If you have self-certificated your absence from an assessment, you will normally be required to complete it the next time it runs (this is usually in the next assessment period).
The Board of Examiners will take into account any extenuating circumstances and operates within the Regulations and Code of Practice for Taught Programmes.

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