Modules

Compulsory modules: Principles of Applied Economics: This module aims to provide you with the knowledge and comprehension of the basic economic principles and techniques related to microeconomics and macroeconomics. The emphasis is on developing a solid understanding of economic principles and allowing you to apply standard economic techniques. Financial Accounting Fundamentals: The syllabus for this module introduces the candidate to the fundamentals of the regulatory framework relating to accounts preparation and to the qualitative characteristics of useful information. The syllabus then focuses in depth on recording, processing, reporting business transactions and events, the use of the trial balance and how to identify and correct errors. Finally, the production of financial statements for unincorporated entities will also be introduced. Professional Accounting and Academic Skills: This module introduces students to some of the contexts in which accounting operates. It provides an introduction to the accountancy profession and the organisations and environments in which they operate (capital markets, financial institutions, government, non-profit, as well as business organisations). The module will contextualise the accountant’s role in organisations, working and communicating with other organisational functions to provide useful information. The module will begin the process of skills identification and development for employment purposes, helping students to identify and evaluate their current employability competencies and to plan action to achieve intended skills and employability outcomes. Financial Accounting: This syllabus builds on double entry, the trial balance and extends it to the preparation of financial statements for unincorporated and incorporated entities such as partnership and limited company accounts and their basic interpretation. Developing Analysis Techniques: Students will be introduced to the essential quantitative methods of modelling and analysis for financial data. In addition, statistics and probability concepts will be discussed and applied to various events. These theories will then be used to analyse practical situations and contribute to obtain necessary information for problem solving. Management Accounting: This module will introduce basic cost concepts and methods of cost accumulation, allocation and apportionment in a variety of business settings. The principles of financial control will be explored including standard costing and budgeting. Analytical techniques involved in the provision of accounting information for short-term decision making will be utilised. All modules are worth 20 credits unless stated otherwise