Course Co-ordinator: Mr A Mulhern

Pre-requisite(s): None.

An introduction to accounting

The need for performance measurement and accounting

An introduction to business planning

An overview of financial accounting.

Recording and classifying transactions: Double entry systems

Analysing transactions: preparation of financial statements – trading and manufacturing

Basic cash flow statements

An overview of management accounting

Understanding costs – behaviour, labour, materials and overheads

An introduction to costing systems – absorption and marginal costing

Short term decision making

Budgeting

2 one-hour lectures per week and 1 two-hour tutorial per week.

1st Attempt: 1 two-hour closed-book written examination (70%) and continuous assessment based on work in tutorials and participation in an online computer assisted learning package (30%).

Resit: 1 two-hour written examination (70%) and continuous assessment (30%). Students can carry forward their continuous assessment marks from a previous sitting. Because of the nature of the continuous assessment, this cannot be retaken within the same academic session. Accordingly, where this is in the interests of the student, the student will be assessed on the resit examination alone.  Some of the tutorial test marks count towards continuous assessment.