Intermediate Corporate Reporting
| Code | School | Level | Credits | Semesters |
| BUSI2150 | Nottingham University Business School | 2 | 20 | Spring Malaysia |
- Code
- BUSI2150
- School
- Nottingham University Business School
- Level
- 2
- Credits
- 20
- Semesters
- Spring Malaysia
Summary
The module addresses the application of financial reporting principles in preparing financial statements in accordance with International Financial Reporting Standards for a range of transactions and economic events. This module also develops student’s understanding of the role of external audit, and audit theory and practice.
Target Students
Available to Part I and Part II Business School students with the required pre-requisiteBUSI1103 Fundamentals of Financial and Management Accounting or BUSI1036 Financial Accounting.
Classes
- One 1-hour seminar each week for 4 weeks
- Two 1-hour-30-minute lectures each week for 11 weeks
Assessment
- 100% Exam 1 (3-hour): One 3-hour examination
Assessed by end of spring semester
Educational Aims
To provide an understanding of the theories and practices of financial reporting, with particular reference to the role of International Financial Reporting Standards, and to develop knowledge of the purpose, structure and limitations of the audit process.Learning Outcomes
Knowledge and understanding
This module develops a knowledge and understanding of:
- The main current technical language and practices or accounting under International Financial Reporting Standards.
- Skills in recording and summarising transactions and other economic events in the preparation of financial statements.
Intellectual skills
This module develops:
- The ability to analyse facts and circumstances to determine the cause of a problem and identifying and selecting appropriate solutions.
Professional practical skills
This module develops:
- Numeracy and quantitative skills to manipulate data, evaluate, estimate and model business problems, functions and phenomena.
Transferable (key) skills
This module develops:
- Articulating and effectively explaining information.
Conveners
- Dr Jayalakshmy Ramachandran