This is an archived handbook for a previous year. The current undergraduate and postgraduate handbooks can be viewed using the links above.
Undergraduate Handbook 2016-2017 (archived)
Module ECOS1231: Accounting
Department: Business School (Economics and Finance) [Queen's Campus, Stockton]
ECOS1231: Accounting
| Type | Level | Credits | Availability | Module Cap | Location |
|---|---|---|---|---|---|
| Tied | 1 | 20 | Available in 2016/2017 | None. | Queen's Campus Stockton |
Tied To
Pre-requisites
- None
Corequisites
- None
Excluded Combinations
- None
Aims
- To enable students to have a sound understanding of the techniques of double entry accounting and apply its principles in recording transactions, adjusting financial records and preparing non-complex financial statements.
Content
- Maintaining financial records
- Adjustments to accounting records and financial statements
- Preparing financial statements
Learning Outcomes
Subject-specific Knowledge
- On completion of this module students should:
- Have knowledge of the use of double entry accounting techniques and the maintenance of accounting records
- Be familiar with the processes of accounting cycle completion and making adjustments to accounting records and financial statements
- Have knowledge of the key factors to take into account when preparing primary financial statements, including balance sheets and income statements
Subject-specific Skills
- On completion of this module students should:
- Be able to identify and correct omissions and errors in accounting records and financial statements
- be able to specify the components of financial statements and prepare and present noncomplex accounts for sole traders, partnerships and limited companies
Key Skills
- be able to take responsibility for their own advanced studies, to undertake and manage independent investigation and adhere to deadlines
- be able to communicate effectively through written materials and visual aids
Modes of Teaching, Learning and Assessment and how these contribute to the learning outcomes of the module
- Learning will be based on knowledge transfer from lectures, seminars and personal study.
- Seminar activities and discussions will provide the technical awareness of topics in a comprehensive form.
- The formative test will provide feedback to students regarding their understanding of the main concepts and technical treatments.
- The summative examination will test students’ understanding of the main concepts and technical treatments through problem solving and reflection on learning.
Teaching Methods and Learning Hours
| Activity | Number | Frequency | Duration | Total Hours | Attendance Monitored |
|---|---|---|---|---|---|
| Lectures | 11 | Held across a 10 day teaching block | 2 hours | 22 | |
| Seminars | 4 | Held across a 10 day teaching block | 2 hours | 8 | Yes |
| Revision Webinar | 1 | Annual | 1 hour | 1 | |
| Preparation and Reading | 169 | ||||
| Total | 200 |
Summative Assessment
| Component | Component Weighting | Element | Length/Duration | Element Weighting | Resit Opportunity |
|---|---|---|---|---|---|
| Examination | 100% | Written examination | 2 hours 30 mins | 100% | Same |
Formative Assessment
Online test
Students who do not attend monitored activities shown under Teaching Methods
and Learning Hours, or who fail to complete the summative or formative
assessment(s) specified above, may be subject to the Academic Progress
procedures defined in the University's General Regulation V, and may be
required to leave the University.