Durham University
Programme and Module Handbook

Undergraduate Programme and Module Handbook 2022-2023 (archived)


Department: Accounting


Type Tied Level 1 Credits 20 Availability Available in 2022/23 Module Cap None. Location Durham
Tied to NN43
Tied to N302
Tied to N304
Tied to N305
Tied to N306
Tied to N307
Tied to NN42
Tied to N204
Tied to N206


  • None.


  • None.

Excluded Combination of Modules

  • None.


  • To introduce the concepts and techniques involved in the preparation of basic financial accounting reports.
  • To enable students to understand financial accounting reports.


  • Definition of Accounting and its objectives.
  • Accounting concepts.
  • Difference between cash flow and profit.
  • Recording transactions through the double-entry system.
  • Making year-end adjustments.
  • Preparation of basic financial statements, including the Statement of Cash Flows.
  • Interpretation of accounts using ratio analysis.

Learning Outcomes

Subject-specific Knowledge:
  • By the end of this module, student should be able to:
  • explain the context and purpose of financial reporting.
  • understand the users of financial statements and their needs.
  • define basic accounting concepts.
  • demonstrate a knowledge of accounting systems.
Subject-specific Skills:
  • Students will be able to:
  • Apply double-entry accounting techniques.
  • Produce a trial balance.
  • Prepare basic financial statements for incorporated and unincorporated entities.
  • Interpret financial statements.
Key Skills:
  • Written Communication
  • Planning, Organisation and Time Management
  • Problem Solving and Analysis
  • Numeracy

Modes of Teaching, Learning and Assessment and how these contribute to the learning outcomes of the module

  • Learning takes place through attendance at, preparation for, and participation in workshops, directed study, and independent study.
  • Formative assessment is by means of online tests.
  • Summative assessment is by means of a written examination of two hours duration.

Teaching Methods and Learning Hours

Activity Number Frequency Duration Total/Hours
Workshops 20 1 per week 2 hours 40
Revision Workshops 2 1 per week in Term 3 2 hours 4
Preparation and Reading 156
Total 200

Summative Assessment

Component: Examination Component Weighting: 100%
Element Length / duration Element Weighting Resit Opportunity
One written examination 2 hours 100% same

Formative Assessment:

Online tests

Attendance at all activities marked with this symbol will be monitored. Students who fail to attend these activities, or to complete the summative or formative assessment specified above, will be subject to the procedures defined in the University's General Regulation V, and may be required to leave the University