Undergraduate Course: Accountancy 1B (ACCN08008)
||College||College of Arts, Humanities and Social Sciences
|Credit level (Normal year taken)||SCQF Level 8 (Year 1 Undergraduate)
||Availability||Not available to visiting students
|Summary||Introduction to management accounting incorporating costing, decision making and planning and control.
Accountancy 1B is an introduction to the field of Management Accounting. It's a course that can be studied without having prior accounting knowledge. We look at a number of accounting tools and techniques that management use internally to monitor and control the organisation. Accountancy 1A looked at preparing accounts for external users, whereas Accountancy 1B looks at preparing internal accounting information. It is a course which would appeal to accounting students wishing to pursue a career in 'industry' but also to non-accounting students who have ambitions to progress into management roles in careers outside of accounting. Irrespective of how you see your career developing, both accountants and non-accounting managers will need to have an understanding of the tools and techniques that we explore in Accountancy 1B.
The weekly course content is split into two weekly lectures and a workshop, plus a weekly tutorial, which will have around 15 students in the class. A helpdesk will run some weeks too.
Capital Investment Decisions
Entry Requirements (not applicable to Visiting Students)
|| Students MUST have passed:
||Other requirements|| The course is only open to students in the following degree programmes:
Accounting & Business
Accounting and Finance
Law and Accountancy
Economics and Accounting
Finance and Business
Course Delivery Information
|Academic year 2022/23, Not available to visiting students (SS1)
|Learning and Teaching activities (Further Info)
Programme Level Learning and Teaching Hours 4,
Directed Learning and Independent Learning Hours
|Assessment (Further Info)
|Additional Information (Assessment)
||70% Exam at end of Semester 2, 2 hours.
30% MCQ Tests
Resit assessment in August, 2 hours.
Formal assessment is based on the final examination, of two hours duration, which takes place at the end of Semester 2 during the exam diet in April/May.
The examination consists of 3 Sections: two computational and one essay based response.
||During the course a range of informal methods of providing assessment feedback to students will be used. This type of work will not contribute to your mark for the course but is designed to help you assess your progress and allow you to take action as necessary.
Examples of these modes of assessment include:
- in lecture feedback from Interactive Polling
- the use of self learning examples with solutions during the course
- tutorial assignments, tutor feedback and solutions
- workshop exercises drawing on past exam papers
Students are expected to be self-motivated to make the most effective use of these informal assessment tools.
Coursework marks will be published via Learn. Coursework feedback will be provided via Learn.
Your examination marks will be posted on Learn (together with generic feedback and examination statistics) as soon as possible after the Boards of Examiners meeting. Generic feedback will be made available on Learn.
||Hours & Minutes
|Main Exam Diet S2 (April/May)||Accountancy 1B||2:00|
On completion of this course, the student will be able to:
- Produce accounting information to help internal management identify costs, make decisions and control performance.
- Relate accounting to the broader context of the strategic and operational considerations of business.
- Apply skills of numeracy and applications of IT in solving defined problems
- Apply analytical skills in solving defined problems
|Financial and Management Accounting|
Apr 2019, Paperback, 852 pages
|Graduate Attributes and Skills
To develop the following key skills:
- The ability to learn.
- Analytical and Problem Solving
- Numeracy and IT
|Additional Class Delivery Information
||1 x 2 hour online session (Weeks 1-10)
1 x 1 hour online session (Weeks 1-10)
1 x 1 hour compulsory tutorial (Weeks 3-10)
|Course organiser||Ms Deirdre Ruddy
|Course secretary||Miss Tamara Turford
Tel: (0131 6)50 8074