- Module code
- Module leader
- Michael Slark
- Module level
- Module credits
- Min study time
- 150 hours
- Contact Hrs within study time
- 30 hours
- Teaching period
- Semester 1
Introduction to the basic principles and conventions underlying the preparation of financial documents; the preparation and interpretation of the financial statements of sole traders.
The preparation of cash flow statements to distinguish the difference between cash and profit. Construct and apply cash budgets and distinguish between sources of finance.
To achieve credit for this module, students must be able to:
- Understand and apply basic accounting conventions.
- Prepare and interpret financial statements of sole traders.
- Use cash flow statements to distinguish between the cash and profit of business organisations.
Students should be familiar with the content of at least one of the following:
- Weetman, P. (2013) Financial and Management Accounting, (6th edition), Financial Times Press (Pearson Education).
- Dyson, J. R. (2010) Accounting for non-accounting Students. Essex: FT Prentice Hall
- Atrill, P. and McLaney E. , (2013) Financial Management for Non-Specialists, (8th edition). Prentice Hall.
- Wood, F. and Sangster, A. (2012) Business Accounting, (12th edition). Financial Times - Prentice Hall.