Content and teaching | Assessment | Availability

Module content and teaching

Principal aims

The aim of the module is to analyse advanced topics in financial reporting in sufficient depth to be useful if you are planning to become, or are thinking about becoming, a professional accountant. It will also be useful if you are interested in careers in management or finance which, at the highest levels, demand a good understanding of financial reporting, and to those who just want to know about this vital feature of today's world of large corporations and global capital markets.

Principal learning outcomes

By the end of the module you should be able to: critically understand selected IFRSs, including those governing group financial statements; understand alternative approaches to income measurement and asset valuation; understand the structure and content of the published financial statements of UK & multi-national corporations; understand the legal and institutional regulations governing the disclosure of information); critically evaluate accounting practices (current as well as alternative accounting methods) by reference to underlying accounting principles & practical considerations; critically evaluate the role of financial reporting in corporate governance and investment decision-making; use analytical, research and writing skills; demonstrate written and oral communication skills; prepare financial statements in accordance with alternative approaches to income measurement and asset valuation.

Timetabled teaching activities

2 x 1 hour lectures 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: IB377-12)
D (Assessed/examined work)	Individual Assignment (1500 words)	30%
	IB3770 2 hour exam	70%
VA (Visiting students only)	100% assessed for visiting/exchange students	100%
15 CATS (Module code: IB377-15)
D1 (Assessed/examined work)	Individual Assignment	30%
	Exam	70%
VA (Visiting students only)	100% assessed (visiting/exchange students)	100%

Module availability

This module is available on the following courses:

Core

N/A

Optional Core

N/A

Optional

• Undergraduate Computer and Business Studies (with Intercalated Year) (GN5A) - Year 4
• Undergraduate Law and Business Studies (MN32) - Year 4
• 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 4
• Undergraduate Law and Business Studies (Qualifying Degree) with Intercalated Year (MN37) - Year 5
• BSc in Management (N201) - Year 3