2023/24 Undergraduate Module Catalogue

LLLC0102 Introduction to Accounting

20 creditsClass Size: 20

Module manager: David Gilding
Email: d.gilding@leeds.ac.uk

Taught: Semester 2 (Jan to Jun) View Timetable

Year running 2023/24

This module is mutually exclusive with

LUBS1245

Introductory Management Accounting

This module is not approved as a discovery module

Objectives

To enable students to:
-develop an understanding of introductory principles of financial accounting
-develop an understanding of introductory principles of management accounting.

Learning outcomes
Knowledge of :
- Financial accounting terminology
- Financial accounting statements
- Sources of finance available to organisations
- Interpretation of accounting statements
- Marginal costing techniques
- Absorption costing techniques

Skills outcomes
Ability to :
-Prepare an Income Statement and a Statement of Financial Position with basic adjustments for a limited company
-Interpret financial statements using suitable accounting ratios
-Apply and interpret marginal and absorption costing techniques

Syllabus

The content will cover such areas as

Consideration of theory and practice in relation to :
-Financial accounting terminology
-Financial accounting statements
-Sources of finance available to organisations
-Interpretation of accounting statements
-Marginal costing techniques

Teaching methods

Delivery type	Number	Length hours	Student hours
Workshop	11	2.00	22.00
Seminar	5	1.00	5.00
Private study hours			173.00
Total Contact hours			27.00
Total hours (100hr per 10 credits)			200.00

Private study

Reading 80 hours
Critical reflection on practice 33 hours
Preparation for seminars 30 hours
Examination preparation 30 hours

Opportunities for Formative Feedback

Through regular workshops, monitoring of student contributions, formative feedback and the staged submission of coursework

Methods of assessment

Coursework

Assessment type	Notes	% of formal assessment
In-course Assessment	2 hour in-course exam	50.00
Total percentage (Assessment Coursework)		50.00

Normally resits will be assessed by the same methodology as the first attempt, unless otherwise stated

Exams

Exam type	Exam duration	% of formal assessment
Standard exam (closed essays, MCQs etc)	2 hr	50.00
Total percentage (Assessment Exams)		50.00

Normally resits will be assessed by the same methodology as the first attempt, unless otherwise stated

Reading list

There is no reading list for this module

Last updated: 28/04/2023 14:50:51

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