Full Title:Financial Accounting 2
Module Code:ACCT B8Z04
 
Credits: 5
Valid From:Semester 1 - 2013/14 ( September 2013 )
Module Delivered in 1 programme(s)
Module Description:no description provided
Learning Outcomes:
On successful completion of this module the learner should be able to
  1. Demonstrate an understanding of the particular accounting issues relating to Limited Companies, Partnerships and Not- for-Profit organisations.
  2. Prepare and interpret cash flow statements.
  3. Analyse and interpret key financial ratios to assess the performance of an entity.
  4. Apply GAAP & International Accounting Standards appropriately when untertaking accounting procedures
 

Module Content & Assessment

Indicative Content
Revision of Financial Accounting 1
A revision of the preparation of Income Statement and a Balance Sheet for a sole trader
Understanding the accounting for business in various legal formats
The particular accounting issues relating to partnerships, companies and not for profit organisations.
Preparation of Final Accounts
Preparing Income Statement and Balance sheet companies , partnerships and not-for-profit organisations
The difference between Cash and Profit
Preparing and interpreting cash flow statements
Ratio Analysis
Analysing and interpreting key financial ratios to assess the performance of an entity.
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
Continuous Assessment Students will be required to submit assignments throughout the semester. These will typically be worked solutions to problems presented in class. A formal class test will also take place during the semester. 1,4 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 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 In Class lecture & Tutorials with course material available through Moodle 3.00 Every Week 3.00
Directed Reading Use of websites and reading of quality newspapers and journals 2.00 Every Week 2.00
Independent Study Reference to supplementry texts and other sources for use in class examples 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
Recommended Book Resources
  • Wood Frank & Sangster Alan, Frank Woods Business Accounting 1 8th Edition ISBN 0-273-63742-8, Financial Times Pitman Publishing
Supplementary Book Resources
  • Morris, Brian, The Road to Accounting Parts 1 & 2 16th Edition, Dundalk IT
  • Dyson J.R., Accounting for Non Accountants 2003 ISBN: 0273683853, FT Prentice Hall
  • Atrill P & McLaney E, Accounting: An Introduction. Dec 2004 ISBN: 0273688227, FT Prentice Hall
This module does not have any article/paper resources
Other Resources

Module Delivered in

Programme Code Programme Semester Delivery
DK_BBUST_8 Bachelor of Business (Honours) 2 Mandatory