Business Accounting - MAN00020C
Module summary
This module introduces the student to the basic principles and underlying concepts and the ways in which accounting statements and financial information can be used to improve the quality of decision making.
Module will run
| Occurrence | Teaching period |
|---|---|
| A | Autumn Term 2022-23 to Summer Term 2022-23 |
Module aims
The module provides an introduction to accounting and finance. It is aimed at students who are not taking a specific accounting degree. It is offered as an alternative to the more focused Financial Accounting MAN00012C) and Management Accounting (MAN00013C) modules.
This module introduces the student to the basic principles and underlying concepts and the ways in which accounting statements and financial information can be used to improve the quality of decision making.
Among the topics to be included are :
- Measuring and reporting financial position and performance
- Analysing and interpreting financial statements
- Management accounting techniques (full costing, budgeting, cost-volume-profit analysis)
- Financial management (making capital investment decisions, financing a business, managing working capital)
Module learning outcomes
Subject content learning outcomes:
Upon successful completion of this module, students should be able to:
- Explain the nature of accounting and finance
- Distinguish between financial accounting and management accounting
- Apply financial analysis techniques to interpret business performance
- Apply and interpret a variety of management accounting and financial management techniques in order to enhance the quality of decision making in business
Academic and graduate skills developed:
- Self-management
- Problem solving
Module content
- Measuring and reporting financial position
- Measuring and reporting financial performance
- Accounting for limited companies
- Analysing and interpreting financial statements
- Cost-volume-profit analysis
- Full costing
- Budgeting
- Making capital investment decisions
- Financing a business
- Managing working capital
Indicative assessment
| Task | % of module mark |
|---|---|
| Essay/coursework | 50 |
| Essay/coursework | 50 |
Special assessment rules
None
Indicative reassessment
| Task | % of module mark |
|---|---|
| Essay/coursework | 100 |
Module feedback
The timescale for the return of feedback will accord with TYMS policy.
Module assessment reports to students are written by the module leader for all assessments (open and closed) and placed on the VLE after the Board of Examiners has received the module marks.
Additionally, for open assignments students are given individual written feedback via The York Management School assignment feedback form. The feedback form provides guidance on key areas for focusing upon improvements for future assessments, and ties module specific learning outcomes to marking criteria. This form is normally provided after the relevant Part A and Part B Board of Examiners meeting. However, if a module has more than one assessment element feedback on earlier submissions is released as soon as possible after marking of the assignment element.
Indicative reading
Carey, M., Knowles, C. and Towers-Clark, J., 2017. Accounting: a smart approach. Oxford University Press.