Content and teaching | Assessment | Availability

Module content and teaching

Principal aims

This module aims to develop your understanding of the theories of accounting, the regulatory environment for financial reporting, corporate governance, the structure of group accounts and models of asset valuation; and to develop you ability to prepare, read, critically evaluate and interpret published annual reports in the light of the information requirements of the various stakeholder groups in the business.

Principal learning outcomes

By the end of the module you should be able to: understand the regulatory framework of accounting, conceptual frameworks, models of asset valuation, inflation accounting and the context of accounting standard setting; understand the definition of the reporting entity, the concept of control, levels of aggregation of accounting information and off-balance sheet activities; demonstrate knowledge of the concepts and conventions in the preparation of group accounts; understand accounting policy disclosure, creative accounting and issues relating to corporate governance; evaluate critically and interpret published annual reports and the information requirements of various stakeholders in the business; show awareness of current developments in financial reporting theory and practices; demonstrate written communication, team work and oral communication, analytical, and problem solving skills; assess the nature of accounting information and describe the relationships between different types of financial statements and accounting numbers; understand the theoretical basis of accounting and the effect this has upon accounting practices; recognise the political context of accounting regulation and accounting standard setting; use technical skills related to the preparation and interpretation of published group accounts; evaluate techniques of financial statement analysis with reference to the information needs of business stakeholders.

Timetabled teaching activities

2 x 1 hour lecture per week, 1 x 1 hour seminar per week

Departmental link

http://www.wbs.ac.uk/students/undergraduate/

Module assessment

Assessment group	Assessment name	Percentage
12 CATS (Module code: IB234-12)
B (Examination only)	Examination - Main Summer Exam Period (weeks 4-9)	100%
	Assessed Course Work	100%
15 CATS (Module code: IB234-15)
D (Assessed/examined work)	Assessed Course Work	20%
	Examination - Main Summer Exam Period (weeks 4-9)	80%

Module availability

This module is available on the following courses:

Core

• Undergraduate Accounting and Finance (with Intercalated Year/Undergraduate Partnership Programme) (NN37) - Year 4

Optional Core

• Undergraduate Accounting and Finance (NN35) - Year 3
• Undergraduate Accounting and Finance (with Intercalated Year/Undergraduate Partnership Programme) (NN36) - Year 4

Optional

• Undergraduate Physics and Business Studies (F3N1) - Year 3
• Undergraduate Physics and Business Studies (with Intercalated Year) (F3ND) - Year 4
• Undergraduate Chemistry and Business Studies (FN11) - Year 3
• Chemistry and Business Studies(with Intercalated Year) (FN12) - Year 4
• Undergraduate Mathematics and Business Studies (with Intercalated Year) (G1N2) - Year 4
• Undergraduate Mathematics and Business Studies (G1NC) - Year 3
• Undergraduate Computer and Management Sciences (G5N1) - Year 3
• Undergraduate Computer and Management Sciences (with Intercalated Year) (G5NA) - Year 4
• Undergraduate Computer and Business Studies (GN51) - Year 3
• Undergraduate Computer and Business Studies (with Intercalated Year) (GN5A) - Year 4
• BSc Engineering and Business Studies (HN11) - Year 3
• Undergraduate Economics 3 Year Variants (L100) - Year 2
• Undergraduate Law and Business Studies (MN31) - Year 2
• Undergraduate Law and Business Studies (MN31) - Year 3
• Undergraduate Law and Business Studies (MN32) - Year 2
• Undergraduate Law and Business Studies (MN32) - Year 3
• Undergraduate Law and Business Studies (MN32) - Year 4
• Law and Business Four Year (Qualifying Degree) (MN34) - Year 2
• Law and Business Four Year (Qualifying Degree) (MN34) - Year 3
• Law and Business Four Year (Qualifying Degree) (MN34) - Year 4
• Undergraduate Law and Business Studies with Intercalated Year (3+1) (MN35) - Year 2
• Undergraduate Law and Business Studies with Intercalated Year (3+1) (MN35) - Year 3
• Undergraduate Law and Business Studies with Intercalated Year (3+1) (MN35) - Year 4
• Undergraduate Law and Business Studies with Intercalated Year (4+1) (MN36) - Year 2
• Undergraduate Law and Business Studies with Intercalated Year (4+1) (MN36) - Year 4
• Undergraduate Law and Business Studies with Intercalated Year (4+1) (MN36) - Year 5
• Undergraduate Law and Business Studies (Qualifying Degree) with Intercalated Year (MN37) - Year 2
• Undergraduate Law and Business Studies (Qualifying Degree) with Intercalated Year (MN37) - Year 4
• Undergraduate Law and Business Studies (Qualifying Degree) with Intercalated Year (MN37) - Year 5
• Undergraduate International Business (N140) - Year 2
• Undergraduate International Business (N140) - Year 4
• Undergraduate International Business with French (N1R1) - Year 2
• Undergraduate International Business with French (N1R1) - Year 4
• Undergraduate International Business with German (N1R2) - Year 2
• Undergraduate International Business with German (N1R2) - Year 4
• Undergraduate International Business with Italian (N1R3) - Year 2
• Undergraduate International Business with Italian (N1R3) - Year 4
• Undergraduate International Business with Spanish (N1R4) - Year 2
• Undergraduate International Business with Spanish (N1R4) - Year 4
• BSc in Management (N201) - Year 2
• BSc in Management (N201) - Year 3
• BSc in Management (with Intercalated Year/UPP) (N202) - Year 2
• BSc in Management (with Intercalated Year/UPP) (N202) - Year 4
• BSc in International Management (N203) - Year 2
• BSc in International Management (N203) - Year 4
• BSc in Management (with Intercalated Year/UPP) (N210) - Year 2
• BSc in Management (with Intercalated Year/UPP) (N210) - Year 4
• Undergraduate Accounting and Finance (with Foundation Year) (N4N4) - Year 2
• Undergraduate Accounting and Finance (NN35) - Year 2
• Undergraduate Accounting and Finance (with Intercalated Year/Undergraduate Partnership Programme) (NN36) - Year 2
• Undergraduate Accounting and Finance (with Intercalated Year/Undergraduate Partnership Programme) (NN36) - Year 3
• Undergraduate Accounting and Finance (with Intercalated Year/Undergraduate Partnership Programme) (NN37) - Year 2