Postgraduate Course: Accounting (BUST11205)
Course Outline
| School |
Business School |
College |
College of Humanities and Social Science |
| Course type |
Standard |
Availability |
Not available to visiting students |
| Credit level (Normal year taken) |
SCQF Level 11 (Postgraduate) |
Credits |
10 |
| Home subject area |
Business Studies |
Other subject area |
None |
| Course website |
None
|
Taught in Gaelic? |
No |
| Course description |
The course provides grounding in financial accounting sufficient for students to engage with accounting statements and numbers both in general management after the MBA and during the MBA in other courses which interface with Accounting (notably Strategy and Managerial Control). |
Entry Requirements (not applicable to Visiting Students)
| Pre-requisites |
|
Co-requisites |
|
| Prohibited Combinations |
|
Other requirements |
None
|
| Additional Costs |
None |
Course Delivery Information
|
| Delivery period: 2011/12 Semester 1, Not available to visiting students (SS1)
|
WebCT enabled: Yes |
Quota: None |
| Location |
Activity |
Description |
Weeks |
Monday |
Tuesday |
Wednesday |
Thursday |
Friday |
| No Classes have been defined for this Course |
| First Class |
First class information not currently available |
| No Exam Information |
Summary of Intended Learning Outcomes
Knowledge and Understanding:
On completion of the course students should
a) understand the derivation of the three financial statements which provide the basis for corporate financial reporting
b) appreciate the strengths and the limitations of these statements
c) have acquired an ability to use financial statements to assess corporate performance in a variety of ways
Cognitive Skills:
The course engages with and develops numerical skills (the ability to prepare accounts), analytical skills (the ability to analyse accounts) and skills of synthesis and presentation (to write a report on a business based on its accounting statements).
Key Skills:
On completion of the course students should
a) demonstrate they can understand a straightforward profit statement, cash flow statement and balance sheet
b) demonstrate they can interpret a set of financial statements using ratio analysis and other analytical tools
c) demonstrate they can present the interpretation through a (succinct) written report
d) recognise several of the key issues relating to the preparation of financial statements
|
Assessment Information
| Assessment is by a two-hour written unseen examination; the main difficulties and mistakes are written up in a feedback note for the students. |
Special Arrangements
| None |
Additional Information
| Academic description |
Not entered |
| Syllabus |
Introduction. The nature and purpose of financial accounting. The framework of financial statement preparation for a retail company.
The financial statements: the balance sheet, income statement and cash flow statement. Income quality $ú cash backing for profits
Preparing the financial statements of a manufacturing company
Ratio analysis 1
Ratio analysis 2
Issues determining the strengths and weaknesses of financial accounting
Value determination and financial accounting
Improving the information content of the financial accounting package
|
| Transferable skills |
Not entered |
| Reading list |
Not entered |
| Study Abroad |
Not entered |
| Study Pattern |
Not entered |
| Keywords |
Not entered |
Contacts
| Course organiser |
Prof Falconer Mitchell
Tel: (0131 6)50 8340
Email: F.Mitchell@ed.ac.uk |
Course secretary |
Mr Stuart Mallen
Tel: (0131 6)50 8071
Email: Stuart.Mallen@ed.ac.uk |
|
copyright 2011 The University of Edinburgh -
1 September 2011 5:43 am
|
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