production
Skip to Content

Undergraduate Accountancy 2020-2021

AC1011: ACCOUNTING AND ACCOUNTABILITY

15 credits

Level 1

First Sub Session

This course introduces the theoretical and contextual foundation of accounting.  It does not involve any technical aspects of accounting or bookkeeping but provides an introduction to the political, economic, institutional, professional and managerial context of accounting.  The main content includes:

  • Socio-political and economic mechanisms of accountability; theories of accountability.

  • Constitution of organisations and the role of accounting within organisations.

  • Constitution of accounting as a business function: how accounting is organised within organisations.

  • Constitution of Accountancy as a Profession:  how accountancy is organised as a profession.

  • Sustainability and accounting:  how accounting is reorganised to address sustainability issues.

AC1515: ACCOUNTING AND ENTREPRENEURSHIP

15 credits

Level 1

Second Sub Session

This is an introduction to accounting which aims to provide an understanding of how organisations – particularly small and medium sized businesses – capture, create and use accounting information both to guide their activities internally within the management function and to communicate their financial performance and position to external users of the accounts.  This course allows students to develop practical and analytical skills through a problem-solving approach to accounting-related aspects of business performance reporting and control, particularly in relation to bookkeeping, accounts preparation, budgeting and management accounting.

AC2031: MANAGEMENT ACCOUNTING 2

15 credits

Level 2

First Sub Session

This course extends the operational tools and techniques introduced in AC1514.  It develops more complex problem-solving techniques in the planning, control and decision-making process.  It shows how quantitative methods and analytical techniques can be applied in management accounting solutions to management problems.  It also emphasises the diverse industrial, commercial and not-for-profit settings in which management accountants work.  It seeks to develop in students an understanding the organisational context as well as the nature of management accounting information.  The focus is to enhance students' problem-solving and communication skills, and develop their ability to select and apply appropriate techniques in specific contexts.

AC2530: FINANCIAL ACCOUNTING 2

15 credits

Level 2

Second Sub Session

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.

AC3049: FINANCIAL ACCOUNTING 3

15 credits

Level 3

First Sub Session

This course builds upon the material in Financial Accounting 2.  The aim of the course is to strengthen practical and analytical accounting skills through the study of accounting problems and to develop the ability to critically appraise conventional accounting practice through an understanding of alternative accounting theories and their application to topical issues in financial accounting.

AC3054: MANAGEMENT ACCOUNTING 3

15 credits

Level 3

First Sub Session

Building upon the material in Management Accounting 2, the course examines in greater detail behavioural, managerial, and strategic aspects of management accounting and management control. The course content includes management accounting issues pertaining to:

  • Strategic management accounting

  • Operational management issues including quality management

  • Performance evaluation and management systems

  • Management control systems, and

  • Advance decision making techniques such as decision-trees, learning curves and project evaluation and review techniques

AC3560: AUDIT PRACTICE

15 credits

Level 3

Second Sub Session

This course aims to develop the students’ knowledge, understanding and critical awareness of the audit techniques, judgements and practical skills associated with a financial statement audit. The context of the course reflects both the UK and International legal, regulatory and ethical framework.

The course forms an introduction to the 4th year Professional Audit & Assurance course which goes on to explore the historical context and current professional, regulatory, ethical and societal challenges and developments facing the audit and assurance profession.

AC4034: ACCOUNTABILITY AND SUSTAINABILITY

15 credits

Level 4

First Sub Session

Sustainability, both in its ecological and social dimensions, has now become a challenge that concerns all types of organisations across the world. The media coverage has raised awareness among the general public on different aspects of sustainability and new regulations are emerging on this issue. Thus, a well-structured accountability system capable of managing and disclosing sustainability impact of organisational practices is an essential element for the successful sustainable organisation. Disclosure is an important part of the accountability process. Social and environmental accounting explores how organisations can disclose information to various stakeholders pertaining to issues such as: socially responsible investments, human rights, climate change and other environmental matters. Reporting and auditing of information on sustainability issues are a relatively new practice in the accounting field but rapidly growing in relevance.  Managers will be required to deal with these issues on a frequent basis. Thus, this course will build up strong employability skills.

AC4528: DISSERTATIONS IN ACCOUNTANCY

30 credits

Level 4

Second Sub Session

All Accountancy and Finance students must undertake a dissertation. Students taking a joint degree may undertake the dissertation in either discipline, but not both.  It is designed to show that you are able to:

Carry out a substantial piece of research on a chosen subject without close supervision

Critically analyse and evaluate work carried out by others

Reach your own conclusions based upon your analysis and evaluation of relevant evidence, whether this is prior research only or prior research coupled with your own research.  

Write-up the results of your work in a clear, coherent and logical way.

AC4533: AUDIT THEORY AND EVOLUTION

15 credits

Level 4

Second Sub Session

This course builds on the knowledge and understanding gained in Audit practice in year 3. It will explore the historical context and current professional, regulatory, ethical and societal challenges and developments facing the audit and assurance profession. As such it contextualises financial statement audit within the expanding audit universe. A main objective of the course is to provide an opportunity for students to think critically about the state and future direction of audit as a profession.

Compatibility Mode

We have detected that you are have compatibility mode enabled or are using an old version of Internet Explorer. You either need to switch off compatibility mode for this site or upgrade your browser.