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2010/1 Module Catalogue
 Module Code: MANM198 Module Title: PRINCIPLES OF ACCOUNTING
Module Provider: School of Management Short Name: MANM198
Level: M Module Co-ordinator: SULLIVAN K Mr (SoM)
Number of credits: 15 Number of ECTS credits: 7.5
Module Availability
Assessment Pattern

Unit(s) of Assessment

Weighting Towards Module Mark (%)

Multiple choice test via ULearn




Module Overview
To provide a thorough grounding in the principles of accounting for students at Mater level students, most of whom have studied the subject before and are intending to pursue a specialist career in accounting or finance
Module Aims
To provide a thorough grounding in the principles of accounting, including both financial accounting and management accounting for students at Master level students, most of whom have studied the subject before and are intending to pursue a specialist career in accounting or finance
Learning Outcomes

On successful completion of this module, a student will be able:

  • To understand the role of accounting within the international business environment
  • To understand the process whereby accounting records are built up from prime data and how financial statements are prepared from accounting records; the emphasis will be on smaller business rather than large PLCs;
  • To apply the principles of accounting to interpret financial statements;
  • To analyse by means of key ratios important figures in financial statements and to understand the implications of these figures
  • To understand the costing
  • To undertake budgeting
Module Content

Financial Accounting

  • Accounting in changing international business environment
  • Financial statements from the accounting equation
  • Accounting information for trading business
  • Published financial statements
  • Ratio Analysis
  • Reporting corporate performance
  • Analysis and issues in reporting

Management Accounting

  • Functions of management accounting
  • Classification of costs
  • Product costs and stock valuation
  • Breakeven analysis and short term decision making
  • Preparing a budget
  • Capital Investment appraisal
  • Business strategy and management accounting
Methods of Teaching/Learning

The teaching and learning strategy and methods are designed to develop the students' confidence and competence in handling accounting data.

The methods include:

  • Lectures containing practical examples as well as conceptual explanations;
  • Weekly tutorials emphasising practical exercises;
  • Coursework focused on problem solving exercises;
  • Making lecture notes and a study guide available to students;
  • Support of lecture and tutorial material by directed reading in a selected textbook
Selected Texts/Journals
Basic Reading (Expected purchase):
P. Atrill and E. McLarney, 4th ed, (2008) Accounting and Introduction, Prentice Hall FT, London

Supplementary Reading (recommended):

Atrill, P., E. McLaney (2006), Accounting and Finance for non-specialists (5th ed), Financial Times-Prentice Hall, ISBN 0273702440

Dyson, J.R (2007), Accounting for Non-Accounting Students (4th ed) Financial Times-Prentice Hall, ISBN 0273709224.

Jones, M., (2006), Accounting (2nd ed), John Wiley & Sons, ISBN 0470017791

McLaney, E., P. Atrill (2004), Accounting: An Introduction (5th ed), Financial Times-Prentice Hall, ISBN 0273702440

Seal, W., (2006), Management Accounting, McGraw Hill, ISBN 0077109392

Thomas, A. (2005), An Introduction to Financial Accounting (10th ed), McGraw Hill, ISBN 0077108086

Wood, F., Sangster, A. (2005), Business Accounting (10th ed), Financial Times-Prentice Hall, ISBN 0273681494

Other Indicative Reading (Supporting):

Articles and other material from the financial pages of newspapers
Annual reports
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