Essentials of Accounting

Code

BUSI4645

School

Business

Level

4

Credits

10

Semesters

Spring UK

Summary

To introduce the context, terminology and essential techniques of accounting. This will include:

•    Considering the uses of accounting both internally to the business and externally;
•    Financial statement analysis;
•    The raising of finance;
•    Cost accumulation;
•    Information for decision making; and
•    Managerial accounting for planning, control and performance measurement

Target Students

Only students registered on the MSc Civil Engineering with Management degree and MSc Exchange students.

Classes

• One 1-hour seminar each week for 4 weeks
• One 1-hour-30-minute lecture each week for 11 weeks

Assessment

• 100% EXAM 1 (2-hour): One out of two questions from section A (40%), one out of two questions from section B (40%) and one out of two questions from Section C (20%).

Assessed by end of spring semester

Educational Aims

Learning Outcomes

Knowledge and understanding:
•    Explain the use of accounting and other information systems for managerial applications
•    Describe the sources, uses and management of finance
•    Develop knowledge and understanding of the management of resources

Intellectual Skills:
•    Critically appraise financial and accounting problems and make decisions
•    Evaluate criteria, using appropriate decision-making techniques including identifying, formulating and solving business problems

Professional Practical Skills:
•    Apply information and knowledge effectively in order to abstract meaning from information and to share knowledge, including the use of quantitative skills
•    Plan, Implement, and review accounting and financial decisions

Transferable (key) Skills: This module develops:

• Manage and interpret statistical, financial, and accounting data.
• Manage independent study and demonstrate effective planning and time-management skills.

Conveners

• Dr Linh Nguyen