Summary of content

This module seeks to introduce accounting students to fundamental aspects of both financial and management accounting to provide a foundation for further study. In regard to financial accounting the module will cover bookkeeping processes which will underpin financial accounting standards and financial statements preparation. Those students seeking a career in accounting are required to know the mechanics of recording basic accounting information before applying accounting standards to more complicated scenarios.

The module will also apply fundamental management accounting principles to a number of non-complex business situations and use computer software as an aid to this process. Major topics include: cost classification and behaviour, cost-profit-volume analysis, and budgeting.

Module structure

Assessment methods