Postgraduate Course: Introduction to Accounting for Entrepreneurs (CMSE11397)
Course Outline
School | Business School |
College | College of Arts, Humanities and Social Sciences |
Credit level (Normal year taken) | SCQF Level 11 (Postgraduate) |
Availability | Not available to visiting students |
SCQF Credits | 0 |
ECTS Credits | 0 |
Summary | The 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
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Entry Requirements (not applicable to Visiting Students)
Pre-requisites |
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Co-requisites | |
Prohibited Combinations | |
Other requirements | None |
Course Delivery Information
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Academic year 2020/21, Not available to visiting students (SS1)
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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 %
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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:
- Understand the basic accounting concepts: ratios, statements, principles
- Be able to use Excel to build simple accounting statements
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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 |
Keywords | Not entered |
Contacts
Course organiser | Dr Alessandro Rosiello
Tel: (0131 6)50 8246
Email: Alessandro.Rosiello@ed.ac.uk |
Course secretary | Miss Lauren Millson
Tel: (0131 6)51 3013
Email: Lauren.Millson@ed.ac.uk |
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