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QB2502: FINANCIAL ACCOUNTING 2 (2019-2020)

Last modified: 25 Sep 2019 09:58


Course Overview

The objective of FA2 is to build upon material introduced in first year in order to develop students'  technical skills in financial statement preparation. Students will gain an appreciation of the regulatory framework for financial reporting. They will examine the usefulness of financial statement information, by looking at the form and content of accounts produced by partnerships and public limited companies.  Students will explore how to account for basic transactions through the implementation of current accounting standards and apply their knowledge in both the manual and the computerised environment, the latter through the SAGE accounting package.

Course Details

Study Type Undergraduate Level 2
Session Second Sub Session Credit Points 15 credits (7.5 ECTS credits)
Campus Offshore Sustained Study No
Co-ordinators
  • Senior Lecturer (Sch Alexander Arthur

What courses & programmes must have been taken before this course?

What other courses must be taken with this course?

None.

What courses cannot be taken with this course?

None.

Are there a limited number of places available?

No

Course Description

  1. Introduction & overview
  2. Types of business organisations
  3. Regulation and governance of companies: ASB & IASB
  4. Cash flow statements 1
  5. Non-current assets
  6. Liabilities
  7. Provisions, contingent assets & liabilities
  8. Accounting for groups, associates and foreign operations

Contact Teaching Time

Information on contact teaching time is available from the course guide.

Teaching Breakdown

More Information about Week Numbers


Details, including assessments, may be subject to change until 31 August 2023 for 1st half-session courses and 22 December 2023 for 2nd half-session courses.

Summative Assessments

Exam

Assessment Type Summative Weighting 70
Assessment Weeks Feedback Weeks

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Feedback
Learning Outcomes
Knowledge LevelThinking SkillOutcome
Sorry, we don't have this information available just now. Please check the course guide on MyAberdeen or with the Course Coordinator

SAGE assessment

Assessment Type Summative Weighting 10
Assessment Weeks Feedback Weeks

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Feedback

Written feedback is given on the seminar tests and individual assessments.

On a less formal basis, via verbal feedback during tutorial discussions.

Learning Outcomes
Knowledge LevelThinking SkillOutcome
Sorry, we don't have this information available just now. Please check the course guide on MyAberdeen or with the Course Coordinator

Weekly hand ins/presentations

Assessment Type Summative Weighting 20
Assessment Weeks Feedback Weeks

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Feedback

Written feedback is given on the seminar tests and individual assessments.

On a less formal basis, via verbal feedback during tutorial discussions.

Learning Outcomes
Knowledge LevelThinking SkillOutcome
Sorry, we don't have this information available just now. Please check the course guide on MyAberdeen or with the Course Coordinator

Formative Assessment

In-course double entry book-keeping test

Assessment Type Formative Weighting
Assessment Weeks Feedback Weeks

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Feedback

Failure to pass the test after three attempts will result in the withdrawal of their class certificate.

Learning Outcomes
Knowledge LevelThinking SkillOutcome
Sorry, we don't have this information available just now. Please check the course guide on MyAberdeen or with the Course Coordinator

Resit Assessments

Exam

Assessment Type Summative Weighting 100
Assessment Weeks Feedback Weeks

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Feedback
Learning Outcomes
Knowledge LevelThinking SkillOutcome
Sorry, we don't have this information available just now. Please check the course guide on MyAberdeen or with the Course Coordinator

Course Learning Outcomes

Knowledge LevelThinking SkillOutcome
Sorry, we don't have this information available just now. Please check the course guide on MyAberdeen or with the Course Coordinator

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