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2010/1 Module Catalogue
 Module Code: MAN2073 Module Title: INTERMEDIATE ACCOUNTING
Module Provider: School of Management Short Name: MAN2073
Level: HE2 Module Co-ordinator: MCCARTNEY J Mrs (SoM)
Number of credits: 20 Number of ECTS credits: 10
Module Availability

Semester 1 

Assessment Pattern

Unit(s) of Assessment 

Weighting towards Module Mark (%) 

Final examination 2Hours 


Class test 45 minutes 


Team assignment 


Qualifying Condition(s) 
Good numerical skills (GCSE Mathematics grade B) 

Module Overview

Accounting, known as ‘the language of Business’ is concerned with measurement and management.  Measurement is concerned with recording past data, and management with the use of that data to make decisions that will benefit the business.  This module follows on from accounting studies in level 1 and covers more advanced aspects of the subject. 


Introductory Accounting and Business Mathematics 

Module Aims

The aim of this module is to enable students to understand: 
·              The how and why of recording, preparing and interpreting financial information. 
·              How management uses financial information to make strategic, technical and operational business decisions. 

Learning Outcomes

·              Advanced book-keeping & incomplete records 
·              Intangible fixed assets & amortisation 
·              Advanced cash flow statements and limited company accounts 
·              The regulatory framework of accounting 
·              Fully understand the management accounting concepts and techniques used to make decisions in a more complex environment. 
·              Appreciate how decisions impact people in different business functions in different ways 
·              Appreciate the vital elements of interpretation and implementation in decision making 

Module Content

·              Accruals, pre-payments, discounts, VAT & bad debts
·              Gains & losses on disposals of fixed assets 
·              Limited company financial statements – taxation, dividends & reserves
·              Accounting conventions, regulations & the role of Auditor 
·              Standard Costing 
·              Activity based costing 
·              Budgeting and the principles of preparing an annual budget
·              Budget review & capital budgeting 
·              Transfer pricing 
·              The balanced scorecard  

Methods of Teaching/Learning

·              Weekly 1 hour lectures to illustrate the principles 
·              Weekly tutorials for students to practice applying the principles 
·              Support of lecture material by directed reading and exercises in selected textbooks 
·              Team based coursework 
·              ULearn will be used as an information portal and will contain lecture notes, practical exercises, solutions to practical exercises, past exam papers & model answers and relevant reading
·              Individual feedback will be given in tutorials on coursework, general feedback will be posted on ULearn

Selected Texts/Journals

Essential Reading 
Brammer, Cox, Fardon and Penning.  Active Accounting.  Osborne Books.  ISBN: 1 872962 37 8. 
Fundamentals of Financial Accounting.  Latest edn.  CIMA Official Learning System. 
Fundamentals of Management Accounting.  Latest edn.  CIMA Official Learning System. 
Recommended Reading 
Howard, M.  Accounting & Business Valuation Methods.  CIMA publishing. 
Financial Management (Journal of the Chartered Institute of Management Accountants) 

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