MM1F27-Business in Practice: Accounting for managers
Module Provider: Business Informatics, Systems and Accounting
Number of credits: 20 [10 ECTS credits]
Level:4
Terms in which taught: Spring term module
Pre-requisites:
Non-modular pre-requisites:
Co-requisites:
Modules excluded:
Current from: 2021/2
Module Convenor: Ms Sue Blackett
Email: s.blackett@henley.ac.uk
Type of module:
Summary module description:
This module is co-taught with Dr Alisher Erkaboev.
This module is delivered at the University of Reading and the University of Reading Malaysia
Aims:
The aim of this module is to provide students with a foundation in how businesses use accounting information. It will introduce students to management accounting and financial accounting, and it will provide the necessary foundation in accounting to allow them to specialise in their later studies.
Throughout the module there is a strong emphasis in both the teaching and assessment on the skills that students need to develop if they are to succeed in their careers.
Assessable learning outcomes:
Assessable learning outcomes:
Learning Outcome | Graduate Attributes |
At the end of this module, stude nts will be able to: | |
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Additional outcomes:
Workshops and assignments are also designed to encourage the development of oral communication and student effectiveness in group situations. Structured activities are designed to develop independent learning skills. IT skills are developed by the use of the Blackboard course management system. Students will develop reflective, adaptive and collaborative skills through the completion of module activities.
Outline content:
- Types of businesses and the purpose of accounting information;
- The role and nature of management and financial accounting;
- The conceptual framework of financial reporting;
- Presentation and content of company financial statements;
- Financial accounting conventions and their application;
- Financial statement analysis;
- Cost classification and behaviour;
- Contribution analysis ;
- Cost assignment and full (absorption) costing;
- Pricing decisions;
- Budgeting as a tool of planning and control;
Global context:
The content will have a global focus where appropriate with examples drawn from international organisations.
Students will be expected to work within multinational (and multicultural) groups throughout the module, exposing them to different assumptions and approaches in practice as well as in theory.
Brief description of teaching and learning methods:
Lectures are used for the exposition of the main concepts principles and techniques associated with the discipline, workshops will focus on discussion and numerical application, in facilitated teamwork sessions.
Autumn | Spring | Summer | |
Lectures | 30 | 2 | |
Tutorials | 18 | ||
Guided independent study: | |||
Wider reading (independent) | 70 | ||
Advance preparation for classes | 20 | ||
Revision and preparation | 25 | 25 | |
Reflection | 10 | ||
Total hours by term | 0 | 173 | 27 |
Total hours for module | 200 |
Method | Percentage |
Written exam | 60 |
Project output other than dissertation | 40 |
Summative assessment- Examinations:
There will be one 1.5 hours exam in the Summer term
Summative assessment- Coursework and in-class tests:
Group report of 1,500 words, to be submitted in the last week of the Spring Term.
Formative assessment methods:
Work will be set for most weeks of the unit to enable students to gain the necessary numerical practice. Most of this work is primarily designed as a learning vehicle in support of independent learning.
Penalties for late submission:
The Support Centres will apply the following penalties for work submitted late:
- where the piece of work is submitted after the original deadline (or any formally agreed extension to the deadline): 10% of the total marks available for that piece of work will be deducted from the mark for each working day (or part thereof) following the deadline up to a total of five working days;
- where the piece of work is submitted more than five working days after the original deadline (or any formally agreed extension to the deadline): a mark of zero will be recorded.
You are strongly advised to ensure that coursework is submitted by the relevant deadline. You should note that it is advisable to submit work in an unfinished state rather than to fail to submit any work.
Assessment requirements for a pass:
A weighted average of 40% or more.
Reassessment arrangements:
A re-sit examination in late August or early September
Additional Costs (specified where applicable):
Cost | Amount |
| £60 |
Calculator: £15 - Casio FX-83GTPLUS or Casio FX-85GTPLUS or Casio FX-83GT X or Casio FX-85GT X
Last updated: 13 May 2021
THE INFORMATION CONTAINED IN THIS MODULE DESCRIPTION DOES NOT FORM ANY PART OF A STUDENT'S CONTRACT.