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. This module builds on the syllabus content of Financial and Management Accounting 1. In regard to financial accounting the module will cover principles 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 and this module applies this to non-complex financial reporting. The module will also apply fundamental management accounting principles to a number of non-complex business situations. Major topics include: decision making and costing methods.

Module structure

Assessment methods