Module Code: H6PA
Long Title Principles of Accounting
Title Principles of Accounting
Module Level: LEVEL 6
EQF Level: 5
EHEA Level: Short Cycle
Credits: 5
Module Coordinator: DESMOND GIBNEY
Departments: School of Computing
Specifications of the qualifications and experience required of staff  
Learning Outcomes
On successful completion of this module the learner will be able to:
# 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.
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%
End of Module Assessment70.00%


Full Time

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
This module does not have any other resources
Discussion Note: