Specifications of the qualifications and experience required of staff
Learning Outcomes
On successful completion of this module the learner will be able to:
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Learning Outcome Description
LO1
An understanding of the theoretical background to accounting.
LO2
An understanding of accounting concepts inherent in accounting and the accounting bases developed from the underlying concepts of accounting.
LO3
An appreciation of the regulatory framework underlying accounting.
LO4
An understanding of, and ability to apply, the double entry system of book-keeping, together with knowledge of the accounts and records that are derived from that system.
Dependencies
Module Recommendations
This is prior learning (or a practical skill) that is required before enrolment on this module. While the prior learning is expressed as named NCI module(s) it also allows for learning (in another module or modules) which is equivalent to the learning specified in the named module(s).
No recommendations listed
Co-requisite Modules
No Co-requisite modules listed
Entry requirements
Module Content & Assessment
Indicative Content
Introduction to accounting
Accounting concepts, accounting bases and accounting policies. Understanding of background behind, and application of the accounting standards.
Basic book-keeping principles.
Recording the data. Books of prime entry using the double - entry system. The accounting equation. The trial balance.
Preparation of accounts.
The preparation of accounts from books of prime entry using the double - entry system. Adjustments required before preparing final accounts. Accounting for fixed assets and depreciation. Accounting for accruals and prepayments. Accounting for bad debts and provisions for doubtful debts. Accounting for stocks, V.A.T. Introduction to incomplete records.
Assessment Breakdown
%
Coursework
30.00%
End of Module Assessment
70.00%
Assessments
Full Time
Coursework
Assessment Type:
Continuous Assessment (0200)
% of total:
30
Assessment Date:
n/a
Outcome addressed:
1,2,3,4
Non-Marked:
No
Assessment Description: Sample Assessment: In class test which covers double entry.
End of Module Assessment
Assessment Type:
Terminal Exam
% of total:
70
Assessment Date:
End-of-Semester
Outcome addressed:
1,2,3,4
Non-Marked:
No
Assessment Description: End-of-Semester Final Examination
No Workplace Assessment
Reassessment Requirement
Repeat examination Reassessment of this module will consist of a repeat examination. It is possible that there will also be a requirement to be reassessed in a coursework element.
NCIRL reserves the right to alter the nature and timings of assessment
Module Workload
Module Target Workload Hours 0 Hours
Workload: Full Time
Workload Type
Workload Description
Hours
Frequency
Average Weekly Learner Workload
Lecture
No Description
2
Every Week
2.00
Tutorial
No Description
1
Every Week
1.00
Independent Learning
No Description
7.5
Every Week
7.50
Total Weekly Contact Hours
3.00
Module Resources
Recommended Book Resources
John R. Dyson. (2010), Accounting for non-accounting students, Financial Times/Prentice Hall, Harlow, [ISBN: 9780273722977].
This module does not have any article/paper resources