Undergraduate Programme and Module Handbook 2025-2026
Module ACCT1011: Financial Information in Business
Department: Accounting
ACCT1011: Financial Information in Business
| Type | Tied | Level | 1 | Credits | 20 | Availability | Available in 2025/2026 | Module Cap | None. | Location | Durham |
|---|
| Tied to | N201 |
|---|---|
| Tied to | N203 |
| Tied to | N207 |
| Tied to | N509 |
| Tied to | N510 |
| Tied to | N511 |
Prerequisites
- None.
Corequisites
- None.
Excluded Combination of Modules
- None.
Aims
- To develop an appreciation of the role of financial information in the context of companies.
- To develop an understanding of company financial statements.
- To develop an appreciation of aspects of management accounting and its role in supporting the effective financial management of a business.
Content
- Structure and analysis of company financial statements
- Performance measurement, including environmental and social aspects
- Working capital management
- Cost Volume Profit Analysis
- Budgetary planning and control
- Appraisal of capital investment projects
Learning Outcomes
Subject-specific Knowledge:
- By the end of the module students should
- Have a basic understanding of company financial statements
- Have an understanding of non-financial performance measurement
- Have an appreciation of the uses and value of internal financial information in the management of a business
- Have an appreciation of how companies are financed and how simple capital investment projects are appraised
Subject-specific Skills:
- By the end of the module students should
- Be able to interpret company financial statements and evaluate financial performance
- Be able to interpret non-financial performance indicators
- Be able to apply selected management accounting techniques in simple scenarios
Key Skills:
- Written communication and numeracy
- Teamwork and communication skills
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, and private study.
- Formative assessment is by means of on-line tests comprising of short multiple/multiple choice questions.
- Summative assessment is by means of an in-term online test comprising of short/multiple choice questions and a written assignment to test students' knowledge and understanding of the subject-matter.
Teaching Methods and Learning Hours
| Activity | Number | Frequency | Duration | Total/Hours | |
|---|---|---|---|---|---|
| Workshops | 10 | Weekly | 2 hours | 20 | ■ |
| Preparation and Reading | 180 | ||||
| Total | 200 |
Summative Assessment
| Component: Written Assignment | Component Weighting: 75% | ||
|---|---|---|---|
| Element | Length / duration | Element Weighting | Resit Opportunity |
| Assignment | 2500 words max | 100% | |
| Component: Online Test | Component Weighting: 25% | ||
| Element | Length / duration | Element Weighting | Resit Opportunity |
| Online Examination | 45 minutes | 100% | |
Formative Assessment:
Online tests comprising of short/multiple choice questions: These will test students’ understanding and ability to apply the knowledge learned which may comprise of topics from the two main areas studied as part of the module: financial and management accounting.
■ 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