Mrs Chrisoulla Constantinou OLD 3.31 and Mr Ahmed Abdalla OLD 2.15

This course is compulsory on the BSc in Management. This course is not available as an outside option nor to General Course students.

Financial accounting: role, nature, scope and limitations of accounting conventions. Regulatory accounting framework. Financial statements: construction, use and interpretation. Group accounting. Legal and economic considerations including elements of taxation. Extending the scope of financial reporting (eg inflation accounting and reporting, approaches to equity maintenance, etc).

20 hours of lectures and 9 hours of classes in the MT. 1 hour of classes in the LT. 1 hour of classes in the ST.

Written answers to numerical problems and discussion questions will be expected weekly; two pieces of written work per term will be collected during classes for marking and feedback.

Detailed reading lists will be made available at the beginning of the course. Illustrative texts include Peter Atrill and Eddie McLaney Financial Accounting for Decision Makers, 7th edn, Financial Times, Prentice Hall, 2013.

Exam (100%, duration: 1 hour and 45 minutes) in the main exam period.

The first 15  minutes of this will be reading time.