AC102 Half Unit
Elements of Financial Accounting
This information is for the 2016/17 session.
Teacher responsible
Mrs Chrisoulla Constantinou
Availability
This course is compulsory on the BSc in Finance and BSc in Management. This course is not available as an outside option nor to General Course students.
Course content
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).
Teaching
20 hours of lectures and 10 hours of classes in the MT. 2 hours of lectures in the LT. 1 hour of lectures and 1 hour of classes in the ST.
Formative coursework
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.
Indicative reading
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, 8th edn, Pearson, 2015.
Assessment
Exam (100%, duration: 1 hour and 45 minutes) in the main exam period.
The first 15 minutes will be reading time.
Student performance results
(2013/14 - 2015/16 combined)
| Classification | % of students |
|---|---|
| First | 46.2 |
| 2:1 | 22 |
| 2:2 | 14.7 |
| Third | 9.8 |
| Fail | 7.3 |
Key facts
Department: Accounting
Total students 2015/16: 129
Average class size 2015/16: 10
Capped 2015/16: No
Value: Half Unit
PDAM skills
- Self-management
- Team working
- Problem solving
- Application of information skills
- Communication
- Application of numeracy skills
- Specialist skills
Course survey results
(2013/14 - 2015/16 combined)
1 = "best" score, 5 = "worst" scoreThe scores below are average responses.
Response rate: 100%
Question |
Average | ||||||
|---|---|---|---|---|---|---|---|
Reading list (Q2.1) |
2.4 | ||||||
Materials (Q2.3) |
2.3 | ||||||
Course satisfied (Q2.4) |
2.3 | ||||||
Lectures (Q2.5) |
2.3 | ||||||
Integration (Q2.6) |
2.3 | ||||||
Contact (Q2.7) |
2.4 | ||||||
Feedback (Q2.8) |
2.5 | ||||||
Recommend (Q2.9) |
|
