Module Database Search
| MODULE DESCRIPTOR | |||
|---|---|---|---|
| Module Title | |||
| Financial Reporting and Forecasting | |||
| Reference | BS3039 | Version | 2 |
| Created | August 2021 | SCQF Level | SCQF 9 |
| Approved | July 2019 | SCQF Points | 15 |
| Amended | August 2021 | ECTS Points | 7.5 |
| Aims of Module | |||
|---|---|---|---|
| To develop knowledge and understanding of financial forecasting and external financial reporting. | |||
| Learning Outcomes for Module | |
|---|---|
| On completion of this module, students are expected to be able to: | |
| 1 | Prepare detailed financial projections for an organisation using excel spreadsheets. |
| 2 | Analyse financial projections of an organisation to evaluate performance and aid decision making. |
| 3 | Critically discuss the regulatory framework for financial reporting and specific accounting standards. |
| 4 | Undertake detailed computational calculations to demonstrate understanding and knowledge of relevant accounting standards. |
| Indicative Module Content |
|---|
| Financial projections: projected profit and loss; cash flow; balance sheet; VAT; sensitivity analysis. Regulatory framework; published financial statements; revenue; property, plant and equipment; foreign currency; provisions; contingent assets and liabilities; events after the reporting period. |
| Module Delivery |
|---|
| Topics will be introduced in lectures and developed in either computer based workshops or tutorials and by directed independent learning. |
| Indicative Student Workload | Full Time | Part Time |
|---|---|---|
| Contact Hours | 36 | N/A |
| Non-Contact Hours | 114 | N/A |
| Placement/Work-Based Learning Experience [Notional] Hours | N/A | N/A |
| TOTAL | 150 | N/A |
| Actual Placement hours for professional, statutory or regulatory body |
| ASSESSMENT PLAN | |||||
|---|---|---|---|---|---|
| If a major/minor model is used and box is ticked, % weightings below are indicative only. | |||||
| Component 1 | |||||
| Type: | Examination | Weighting: | 30% | Outcomes Assessed: | 1, 2 |
| Description: | Class test | ||||
| Component 2 | |||||
| Type: | Examination | Weighting: | 70% | Outcomes Assessed: | 3, 4 |
| Description: | Closed book examination | ||||
| MODULE PERFORMANCE DESCRIPTOR | ||||||||
|---|---|---|---|---|---|---|---|---|
| Explanatory Text | ||||||||
| The calculation of the overall grade for this module is based on 30% weighting of C1- (horizontal axis) and 70% weighting of C2- (vertical axis). An overall minimum grade D is required to pass the module. | ||||||||
| Examination: | ||||||||
| Examination: | A | B | C | D | E | F | NS | |
| A | A | A | B | B | B | E | ||
| B | B | B | B | C | C | E | ||
| C | B | C | C | C | D | E | ||
| D | C | C | D | D | D | E | ||
| E | D | D | D | E | E | E | ||
| F | E | E | E | E | F | F | ||
| NS | Non-submission of work by published deadline or non-attendance for examination | |||||||
| Module Requirements | |
|---|---|
| Prerequisites for Module | For BA (Hons) Accounting and Finance: BS1111 Financial Accounting in addition to SCQF7 entry requirements or equivalent. |
| Corequisites for module | None. |
| Precluded Modules | None. |
| INDICATIVE BIBLIOGRAPHY | |
|---|---|
| 1 | ELLIOTT, B. and ELLIOTT, J., 2022. Financial accounting and reporting. 20th ed. Harlow: Pearson Education. |
| 2 | MAYNARD, J., 2017. financial accounting, reporting & analysis . 2nd ed. Oxford University Press |