Module Database Search
| MODULE DESCRIPTOR | |||
|---|---|---|---|
| Module Title | |||
| Financial Reporting Issues And Applications | |||
| Reference | BS4215 | Version | 12 |
| Created | December 2023 | SCQF Level | SCQF 10 |
| Approved | July 2019 | SCQF Points | 15 |
| Amended | March 2024 | ECTS Points | 7.5 |
| Aims of Module | |||
|---|---|---|---|
| To further develop knowledge and understanding of technical skills and concepts underpinning financial reporting and the ability to respond critically to contentious issues. | |||
| Learning Outcomes for Module | |
|---|---|
| On completion of this module, students are expected to be able to: | |
| 1 | Independently research an area of non-financial reporting in order to develop well-structured arguments integrating theory with professional practice. |
| 2 | Undertake computational calculations to demonstrate understanding and knowledge of relevant accounting standards. |
| 3 | Critically evaluate relevant accounting standards within the context of the regulatory and ethical frameworks of accounting. |
| Indicative Module Content |
|---|
| Share capital transactions; financial instruments; employee benefits; earnings per share; conceptual framework; corporate governance; segmental reporting; related parties; current issues in financial accounting and reporting. |
| Module Delivery |
|---|
| Topics are introduced in the lectures and developed in the tutorials for which students are expected to undertake directed independent learning. |
| Indicative Student Workload | Full Time | Part Time |
|---|---|---|
| Contact Hours | 44 | N/A |
| Non-Contact Hours | 106 | 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: | Coursework | Weighting: | 30% | Outcomes Assessed: | 1 |
| Description: | Individual essay | ||||
| Component 2 | |||||
| Type: | Examination | Weighting: | 70% | Outcomes Assessed: | 2, 3 |
| Description: | Closed book examination | ||||
| MODULE PERFORMANCE DESCRIPTOR | ||||||||
|---|---|---|---|---|---|---|---|---|
| Explanatory Text | ||||||||
| The calculation of the overall grade for this module is based on 70% weighting of C2 - Examination and 30% weighting of C1 - Coursework. An overall minimum grade D is required to pass the module. | ||||||||
| Coursework: | ||||||||
| 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 | None. |
| Corequisites for module | None. |
| Precluded Modules | None. |
| INDICATIVE BIBLIOGRAPHY | |
|---|---|
| 1 | ALEXANDER, D., JORISSEN, A., HOOGENDOORN, M., VAN MOURIK, C.,KIRWAN, C. 2020. International Financial Reporting and Analysis. 8th ed. Hampshire: UK Cengage Learning. |
| 2 | ELLIOTT, B. and ELLIOTT, J., 2022. Financial accounting and reporting. 20th ed. Harlow: Pearson Education. |