Module: BMA5104-20 Financial Accounting

Level: 5

Credit Value: 20

Module Tutor: Isik Akin

Module Tutor Contact Details: i.akin@bathspa.ac.uk

1. Brief description and aims of module:

Business needs managers who can understand and interpret basic accounting information. The aims of financial accounting are to convey a wide range of qualitative and quantitative financial data to the end users from managers and shareholders to governments and potential investors. In order to record, process and report accounting and financial information, it is vital for this module to focus on essential financial statements such as income statement and statement of financial position, and the implementation of the International Financial Accounting Standards (IFAS) in real life situations. The purpose of this module is to develop basic accounting literacy among business and management students.

Students will acquire graduate attributes such as:-

• Employable, equipped with the skills necessary to flourish in the global workplace, able to work in and lead teams.

• Digitally literate, able to work at the interface of creativity and technology.

• Creative thinkers, doers and makers.

2.Outline syllabus

The teaching will be centred round the key financial statements: statement of financial position and income statement. It will also cover business entity, key accounting concepts, financial tools such as horizontal and ratio analyses, and explore the controversial issues related to ethical dilemmas that management of multinational corporations often face in real life using video clips and case studies.

Teaching will take place via lectures, workshop, and Minerva. 

3.Teaching and learning activities

To get the best out of this module, you need to realise that learning accounting is an incremental process. So, you need to attend classes continuously and understand all previous learning materials and questions before the next class starts.

All learning materials (lecture slides, questions and answers) will be on Minerva several days before lectures. It is vital that you read through those learning materials beforehand if you do not have any prior accounting knowledge.

All key concepts in this module have been covered in detail during the term at least twice and are mentioned every week in questions and seminar classes when the answers are explained to you as a group or individuals.

The core textbook includes detailed explanations for all accounting terms and concepts, which are covered in this module. You can use the index at the end of the textbook to find out the paragraphs and chapters which you need to read through if you wish to improve your understanding of accounting terms, concepts and theories and keep up with the rest of the class.

You can find lecturers’ office hours on Minerva and you are encouraged to seek lecturers out during office hours if you have any problems regarding the course contents and questions. It is important that as students, you need to take up those initiatives to improve your own learning.

Assessment Item 1:

• Assessment Type: EXAM

• Description: Two hour unseen/seen examination

• % Weighting: 100%