Module Database Search
| MODULE DESCRIPTOR | |||
|---|---|---|---|
| Module Title | |||
| Accounting for Business | |||
| Reference | BS1004 | Version | 4 |
| Created | December 2023 | SCQF Level | SCQF 7 |
| Approved | July 2018 | SCQF Points | 30 |
| Amended | March 2024 | ECTS Points | 15 |
| Aims of Module | |||
|---|---|---|---|
| To introduce the principles of accounting and develop a fundamental knowledge and understanding of financial and management accounting. | |||
| Learning Outcomes for Module | |
|---|---|
| On completion of this module, students are expected to be able to: | |
| 1 | Apply knowledge of basic accounting concepts and the financial reporting environment in business. |
| 2 | Identify the users of financial information and the purposes for which they require the information. |
| 3 | Carry out a basic analysis of financial statements supported by financial ratio techniques. |
| 4 | Apply knowledge of budgeting practices for planning and control. |
| 5 | Relate the core contents of the module to their application within the work place. |
| Indicative Module Content |
|---|
| Objectives and contents of financial statements; regulation of financial reporting; basic principles of accounting theory; ratio analysis; management accounting concepts and techniques; budgeting practices; short-term decision making, capital investment appraisal, financial and non-financial factors in decision making. |
| Module Delivery |
|---|
| The module is delivered in Blended Learning mode using structured online learning materials/activities and directed study, facilitated by regular online tutor support. Workplace Mentor support and work-based learning activities will allow students to contextualise this learning to their own workplace. Face-to-face engagement occurs through annual induction sessions, employer work-site visits, and modular on-campus workshops. |
| Indicative Student Workload | Full Time | Part Time |
|---|---|---|
| Contact Hours | 30 | N/A |
| Non-Contact Hours | 30 | N/A |
| Placement/Work-Based Learning Experience [Notional] Hours | 240 | N/A |
| TOTAL | 300 | N/A |
| Actual Placement hours for professional, statutory or regulatory body | 240 |
| ASSESSMENT PLAN | |||||
|---|---|---|---|---|---|
| If a major/minor model is used and box is ticked, % weightings below are indicative only. | |||||
| Component 1 | |||||
| Type: | Coursework | Weighting: | 100% | Outcomes Assessed: | 1, 2, 3, 4, 5 |
| Description: | Report | ||||
| MODULE PERFORMANCE DESCRIPTOR | |
|---|---|
| Explanatory Text | |
| Component 1 comprises 100% of the module grade. To pass the module, a grade D is required. | |
| Module Grade | Minimum Requirements to achieve Module Grade: |
| A | A |
| B | B |
| C | C |
| D | D |
| E | E |
| F | F |
| NS | Non-submission of work by published deadline or non-attendance for examination |
| Module Requirements | |
|---|---|
| Prerequisites for Module | None. |
| Corequisites for module | None. |
| Precluded Modules | None. |
| INDICATIVE BIBLIOGRAPHY | |
|---|---|
| 1 | MCLANEY, E.J. and ATRILL, P., 2023. Accounting and finance: an introduction. 11th ed. Harlow, England: Pearson. |
| 2 | SANGSTER, A. and GORDON, L., 2021. Frank Wood's Business Accounting. 15th ed. Harlow, England: Pearson. |
| 3 | WEETMAN, P., 2019. Financial Accounting: An introduction. 8th ed. Harlow, England: Pearson. |