RGU: RGU Module: Financial Accounting For Groups And Companies (BS4111)

Module Title
Financial Accounting For Groups And Companies

Keywords
Financial accounting, consolidation, accounting standards

Reference

BS4111

SCQF Level

SCQF 10

SCQF Points

ECTS Points

7.5

Created

September 2002

Approved

November 2006

Amended

June 2012

Revision No.

Prerequisites for Module

None in addition to SCQF10 entry requirements or equivalent.

Corequisite Modules

None.

Precluded Modules

None.

Aims of Module

To further develop knowledge, understanding and awareness of the technical skills and concepts relating to financial accounting for groups and companies and to develop the ability to respond effectively and critically to contentious issues and change.

Learning Outcomes for Module

On completion of this module, students are expected to be able to:

1.	Display further knowledge and understanding of the financial accounting framework within which groups and companies operate and critically appraise contentious issues.
2.	Display knowledge and understanding of the accounting standards in the module. Apply the standards to practical examples where appropriate and critically appraise contentious areas.
3.	Prepare practical computational answers to questions related to selected topics in accordance with the syllabus content.
4.	Communicate financial accounting information clearly, concisely and systematically in a written format.

Indicative Module Content

Consolidation and Group Financial Statements, Intangible Assets, Deferred Taxation.

Indicative Student Workload

Contact Hours	Full Time
Assessment	3
Lectures	24
Tutorials/Seminars	12
Directed Study
Tutorial Preparation	36
Private Study
Private Study	75

Mode of Delivery

Topics are introduced in the lectures and developed in the tutorials for which students are expected to undertake directed independent learning.

Assessment Plan

	Learning Outcomes Assessed
Component 1	1,2,3,4
Component 2	1,2,3,4

Component 1 is a Class Test held during the Semester.

Component 2 is an examination.

Indicative Bibliography

1.	ELLIOTT, B. and ELLIOTT, J., latest edition Financial Accounting and Reporting. Prentice Hall.