THE UNIVERSITY of EDINBURGH

DEGREE REGULATIONS & PROGRAMMES OF STUDY 2020/2021

Information in the Degree Programme Tables may still be subject to change in response to Covid-19

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DRPS : Course Catalogue : Business School : Common Courses (Management School)

Postgraduate Course: Introduction to Accounting for Entrepreneurs (CMSE11397)

Course Outline
SchoolBusiness School CollegeCollege of Arts, Humanities and Social Sciences
Credit level (Normal year taken)SCQF Level 11 (Postgraduate) AvailabilityNot available to visiting students
SCQF Credits0 ECTS Credits0
SummaryThe course aims to provide an introduction to students without a background in accounting or finance to the basic accounting concepts (e.g. ratios, financial statements, accounting principles). The aim of the course is to provide the accounting foundations for students taking Entrepreneurial finance
Course description The key aims of this intro course would be:
- Define the very concept of accounting
- Demonstrate what Financial/Accounting Statement(s) look like
- Show what a trial balance is and its nominal ledgers
- Explain the concepts of Revenue, Cost and Profit
- Explain the principles of double-edge accounting
- Explain what a financial ratio is, with examples
- Explain the concept of NPV, at a very basic level and why it is important for preparing financial
projections
- Show how to use Excell to record basic transactions and calculate sums/ratios + link at the most
basic level two Excell spreadsheets

Outline Content
- Introduction to key accounting concepts: accounting, revenues, costs, profits, financial rations
and NPV
- Introduction to financial & accounting statements
- Demonstrate examples with the aid of Excel

Student Learning Experience
- Provide students without any accounting and/or financial background with an understand the
basic accounting concepts to provide the foundation for Entrepreneurial Finance
Entry Requirements (not applicable to Visiting Students)
Pre-requisites Co-requisites
Prohibited Combinations Other requirements None
Course Delivery Information
Academic year 2020/21, Not available to visiting students (SS1) Quota:  None
Course Start Semester 1
Timetable Timetable
Learning and Teaching activities (Further Info) Please contact the School directly for a breakdown of Learning and Teaching Activities
Assessment (Further Info) Written Exam 0 %, Coursework 100 %, Practical Exam 0 %
Additional Information (Assessment) There are no assignments for this course.
Feedback Feedback will be given verbally in class during the tutorials.
No Exam Information
Learning Outcomes
On completion of this course, the student will be able to:
  1. Understand the basic accounting concepts: ratios, statements, principles
  2. Be able to use Excel to build simple accounting statements
Reading List
None
Additional Information
Graduate Attributes and Skills Problem solving: being able to create, identify and evaluate options in order to solve complex problems

Analytical thinking: ability to analyses, synthesize and methodically appraise through to break down complex problems into manageable components

Numeracy: proficiency, confidence and competence with numbers
KeywordsNot entered
Contacts
Course organiserDr Alessandro Rosiello
Tel: (0131 6)50 8246
Email: Alessandro.Rosiello@ed.ac.uk
Course secretaryMiss Lauren Millson
Tel: (0131 6)51 3013
Email: Lauren.Millson@ed.ac.uk
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