Postgraduate Course: Introduction to Financial Accounting (CMSE11291)

Course Outline
School	Business School	College	College of Humanities and Social Science
Credit level (Normal year taken)	SCQF Level 11 (Postgraduate)	Availability	Not available to visiting students
SCQF Credits	0	ECTS Credits	0
Summary	This course is being offered to give students a basic introduction/revision to bookkeeping and financial accounting. It is an optional course for students who may start one of our finance Masters having studied no accounting before or a long time previously. This is an additional course which will feed into the Analysis of Corporate Financial Information core course offered in the first semester.
Course description	Session 1 The accounting equation; Recording business transactions into the accounting equation; Debits and Credits; The Trial Balance (TB); Introducing financial statements Session 2 Recording transactions as journal entries/ ledger entries for: a service, trading or manufacturing business. Preparing an Income Statement (IS). Preparing a Statement of Financial Position (SFP)/Balance Sheet (BS) Session 3 Introduction to a Statement of Cashflows; Review and Practice Exercise. Teaching will be delivered via two hour lectures introducing basic accounting concepts to students with worked examples. Students will be expected to complete practical exercises in preparation for the following lectures. Supplementary instruction will be provided via BPP e-learning modules on Understanding Bookkeeping and Understanding Accounts.

Entry Requirements (not applicable to Visiting Students)
Pre-requisites		Co-requisites
Prohibited Combinations		Other requirements	For Business School PG students only, or by special permission of the School. Please contact the course secretary.

Course Delivery Information

Academic year 2015/16, Not available to visiting students (SS1)		Quota: None
Course Start	Semester 1
Timetable	Timetable
Learning and Teaching activities (Further Info)	Please contact the School directly for a breakdown of Learning and Teaching Activities
Assessment (Further Info)	Written Exam 0 %, Coursework 100 %, Practical Exam 0 %
Additional Information (Assessment)	There will be no formal assessment at the end of the course. Students will produce an income statement, SFP and Cashflow at the end of the course
Feedback	Formative feedback will be delivered to the students orally during the course.
No Exam Information

Learning Outcomes
On completion of this course, the student will be able to: Demonstrate a basic understanding of the double entry system Make basic journal entry adjustments to a working trial balance Produce a simple Income Statement, Statement of Financial Position and Cashflow