International Year One in Accounting and Finance

Course Description:

This module aims to provide business students on a level four programme with the essential economic knowledge and understanding which will enable them to be able to place business related issues and problems in the wider economic context, as well as being able to recognize the contributions that economics can make in analyzing and resolving business issues and problems.

Topics:

• Business and Economics  
• Business and Markets in Action
• Supply Decisions: Costs of Production  
• Market Structures and Implications for
• Business Behavior
• Alternative Theories of Business Behavior and Strategy
• Business and Resource Markets
• Government Regulation of Business  Business in the International Environment
• The Macroeconomic Environment of Business  Balance of Payments and Exchange Rates
• Banking, Money and Interest Rates  Controlling Inflation and Unemployment
• Macroeconomic Policy and its Impact on
• Business Performance

Course Description:

This module aims to provide students with a range of skills that will prepare them for study of the International Year One programme as well as future undergraduate studies in business and management related programmes in UK universities. The knowledge and skills gained throughout the module will provide students with transferable skills that will also be beneficial in the world of work.

Topics:

• Effective Learning
• Personal Development PlanningPlanningTechniques
• Academic and Business Writing and an Introduction to Research Skills
• Research Skills
• Plagiarism and Harvard Referencing
• Numerical Analysis
• Teamwork
• Presentation Skills

Course Description:

This module aims to give students an appreciation of what organisations are, the purpose of establishing formal organisations, and the many inter-related aspects of collective and individual behavior that can impact on the success or otherwise of organisations. There are different approaches to analyzing organizational behavior and these will be considered during the course of this module. The module also addresses a number of the inter-relating facets of organizational behavior including:

• • organizational structure
  • approaches to leadership and management
  • culture within organisations
  • motivation
  • organizational change

Topics:

• The Purpose of Organisations
• Organizational Structure
• Theoretical Approaches to the Study of Organizational Behavior
• Inter-disciplinary Nature of the Study of Organizational Behavior
• Management
• Leadership
• Culture
• Organizational Change
• Motivation
  • Power and Control in the Workplace
  • Performance Management
  • Effective Communication

Course Description:

This module aims to provide students with a fundamental understanding of basic financial accounting principles. The module will develop students’ knowledge and understanding of financial accounting from the key principles of ledger entry bookkeeping, to single entity final accounts, all within the context of most recent Generally Accepted Accounting Practice. The module will aim to provide a rigorous introduction to the subject area for students progressing to further related study, in particular the module Financial Accounting 2. This module offers a valuable and coherent introduction to the topic for students who will not progress further with accountancy study.

Topics:

• Introduction to Accounting
• Double Entry and Accounting Systems
• Introduction to Final Accounts
• Accounting for Control
• Introduction to Single Entry and Incomplete Records

Course Description:

This module aims to provide students with a broad understanding of the function and the importance of management accounting in supporting management decision making. It is recognized that students studying this module may not progress to further, specialist accountancy studies and it is therefore important to give a broad, introductory module rather than technically detailed coverage of the subject.

The module will cover key areas such as ‘decision making’; ‘cost assignment’; ‘planning and control’ to give specialist accounting students the foundation they will require for more advanced coverage of the subject area.

Topics:

• Introduction to Management Accounting
• Introduction to Activity Based Costing
• Cost Volume Profit Analysis
• Budgeting Process
• Relevant Costs and Revenues
• Introduction to Standard Costing and Variance Analysis
• Pricing and Profitability
• Performance Management
• Cost Assignment

Course Description:

This module aims to:

• • Develop mathematical and statistical literacy in students, including the ability to make numbers meaningful, focussing on conceptual understanding and recognizing the demands for dealing with “big data” in an information age
  • Enable students to use mathematical and statistical methods to investigate business-related data, emphasizing application and interpretation rather than fundamental theorems and proofs
  • Develop in students the concept of mathematical and statistical modeling in business and economics, and an appreciation that applied mathematics and statistics can be more subjective than commonly assumed
  • Prepare students for entry to more advanced modules dealing with quantitative analysis in business
  • Develop students’ skills in the use of spreadsheet software and calculators

Topics:

• Data and Variability in Business
• Summarizing Data:
  • Measures of Location and Dispersion
  • Graphical Presentation and Frequency Distributions
• Index Numbers
• Correlation Techniques
• Regression Techniques
• Time Series Analysis
• Differentiation and Applications
• Integration and Applications

Course Description:

This module aims to provide a solid introduction of role of finance in business and how it helps business achieve its objectives. Students will be introduced to a range of fundamental business finance concepts including sources of finance; investment appraisal; capital structures and share valuation; risk and the operation of the stock market.

Topics:

• Introduction to Finance
• Investment Appraisal
• Raising Finance, Capital Structure & Gearing
• Working Capital Management
• Share Prices, Markets & Investor Ratios

Course Description:

This course aims, by supplementing Financial Accounting 1, to provide students with an introductory but rigorous framework for understanding financial accounting and reporting issues both within the UK and internationally.

The couse will seek to develop the students’ understanding of both the practical and theoretical framework that underpins company financial reporting, as well as some of the complexities therein.

The course will be sufficiently rigorous to help prepare students for second year undergraduate specialist finance/accountancy studies.

Topics:

• Company Financial Statements
  • Review & Introduction
  • Statements of Profit & Loss
  • Additional Reporting Requirements
• Contemporary Issues in Financial Accounting
• Ethics & Corporate Governance
• Sustainability and Environmental & Social Reporting
• Preparing Statements of Cashflow
• Single Entry and incomplete Records
• Interpretation of Financial Statements