Full Title:Financial Accounting
Module Code:ACCT B7004
 
Credits: 5
Valid From:Semester 2 - 2019/20 ( February 2020 )
Module Delivered in 3 programme(s)
Module Description:no description provided
Learning Outcomes:
On successful completion of this module the learner should be able to
  1. Explain how the recording of accounting information is completed via bookkeeping and presented to the relevant parties in the financial statements.
  2. Complete the recording of information via the double entry system to the trial balance stage.
  3. Prepare in accordance with standard accounting practices a basic set of financial statements for organisations of varying capital structures.
  4. Analyse specified accounting concepts and theories.
 

Module Content & Assessment

Indicative Content
The role of accountant and accountancy in business
n/a
The rules and concept underpinning modern accountancy
n/a
Recording accounting information via the double entry system o Control Accounts
n/a
Basic financial statement
n/a
Trial Balance; Trading Profit and Loss Account; Balance Sheet
n/a
Introduction to costing, Cost classification, Prime Costs, Overheads
n/a
Assessment Breakdown%
Course Work30.00%
End of Module Formal Examination70.00%

Full Time

Course Work
Assessment Type Assessment Description Outcome addressed % of total Marks Out Of Pass Marks Assessment Date Duration
Class Test n/a 1,2,3,4 30.00 0 0 n/a 0
No Project
No Practical
End of Module Formal Examination
Assessment Type Assessment Description Outcome addressed % of total Marks Out Of Pass Marks Assessment Date Duration
Formal Exam End-of-Semester Final Examination 1,2,3,4 70.00 0 0 End-of-Semester 0
Reassessment Requirement
A repeat examination
Reassessment of this module will consist of a repeat examination. It is possible that there will also be a requirement to be reassessed in a coursework element.

DKIT reserves the right to alter the nature and timings of assessment

 

Module Workload & Resources

Workload: Full Time
Workload Type Workload Description Hours Frequency Average Weekly Learner Workload
Lecture No Description 3.00 Every Week 3.00
Directed Reading No Description 2.00 Every Week 2.00
Independent Study No Description 4.00 Every Week 4.00
Total Weekly Learner Workload 9.00
Total Weekly Contact Hours 3.00
This course has no Part Time workload.
Resources
Supplementary Book Resources
  • Morris, BrianO Neill Pat 2012, The Road to Accountancy, 17th Ed., DKIT College Services [ISBN: 2004ISBN]
  • Dyson, J.R., Accounting for Non Accounting Students ISBN:, Prentice Hall
  • Woods, Frank Sangster, A, Business Accounting 2 ISBN: 0-273-637742-8, Pitman
  • Woods and Robinson, Costing and Business Accounting ISBN:, Irish Edition Pitman
This module does not have any article/paper resources
Other Resources
  • n/a: Professional Institute Accounting Journal
  • n/a: Accounting Press
  • n/a: Company Annual Reports
  • ICT Interactive Platform: MacBlain M., Fanning, L., Brennan,S 2012, NDLR Faster, DkIt, Ait, Carlow IT

Module Delivered in

Programme Code Programme Semester Delivery
DK_HSEAE_7 Bachelor of Arts in Sport, Exercise and Enterprise 2 Mandatory
DK_BBSIS_C Higher Certificate in Business in Business and Technology 2 Mandatory
DK_ASEE_C Higher Certificate of Arts in Sport, Exercise and Enterprise 2 Mandatory