SHE level 10 SCQF credit points 20 ECTS credit points 10 Module code MHN430441 Module Leader Alison Lehane School Glasgow School for Business and Society Subject Finance and Accounting Trimester B (January start)
Summary of content The module looks at more complex international accounting standards and the impact they have on the financial statements and the wider implications on different stakeholder groups. It also builds on prior learning of consolidated financial statements, looking at complex group structures.
Module details Syllabus arrow_forward Complex Groups including associates and joint venture Fair Value Accounting Share based payments Financial Instruments Sustainability Reporting Segmental Reporting Intangible Assets - Intellectual Capital Deferred Tax
Learning outcomes arrow_forward On successful completion of this module, students should be able to: 1. Interpret & analyse complex international financial reporting standard 2. Understand and apply the principles of consolidation for complex groups, associates and joint ventures 3. Apply professional judgment in the reporting of the financial performance of a range of entities (SDG9) 4. Evaluate the financial reporting standards and critically discuss changes or potential changes in accounting regulation and the impact on stakeholders 5. Interpret and advise on the meaning of financial statements that include non-financial data including segmental, sustainability and integrated reports for different stakeholders (SDG11)
Teaching / learning strategy arrow_forward The teaching and learning strategy has been developed in line with the Strategy for Learning and has two inter-related elements; lectures introduce concepts, techniques and issues while seminars provide a range of activities including discussion of theories, concepts and principles and the application thereof. Topics will be introduced in lectures; the work for seminars is designed to provide opportunities for applying and developing their understanding of the topic and a forum for discussion of international financial reporting issues. Students are expected to engage in independent reading and in seminar activities and discussion in order to develop their critical analysis skills based on the topic areas and to be able to apply that critical evaluation to given scenarios and real-life situations. Where appropriate, real world case studies will be utilised in line with the Strategy for Learning, allowing students to apply theory and concepts to practice. Students will have to undertake an excel assessment. This further develops their I.T. skills from other modules and will be an independent summative assessment. The module aims to educate students on responsible business in line with GCU’s common good curriculum and also takes cognisance of relevant UN Sustainable Development Goals for example Goals 4 (Quality Education) 8 (Decent Work and Economic Growth) and Goal 11 (Sustainable cities and communities). Feedback Strategy – Formative feedback will be ongoing through the module, designed to support students as they develop through the module. Constructive feedback on the summative assessment will be provided within 3 weeks of the submission date and will be designed to help students improve in future submissions.
Transferrable skills arrow_forward By the end of this module students should have gained competence in the following key areas: • Analytical and written communication skills • Information technology skills • Research Skills • Critical Evaluation skills
Module structure Activity Total hours Lectures 11 Tutorials 0 Practicals 0 Seminars 22 Independent Learning 137 Assessment 30 Placement 0
Assessment methods Component Duration Weighting Threshold Description Course Work001 30 35 Individual Project using Microsoft Excel Exam002 2 70 35 Exam (unseen examination) (2Hrs)