Module Details

Module Code: ACCT B8001
Full Title: Accounting
Valid From:: Semester 1 - 2013/14 ( September 2013 )
Language of Instruction: 
Duration: 1 Semester
Credits:: 5
Module Owner::  
Departments: Unknown
Module Description: no description provided
 
Module Learning Outcome
On successful completion of this module the learner will be able to:
# Module Learning Outcome Description
MLO1 Distinguish between various forms of business entity and identify accounting information needs of organisation stakeholders.
MLO2 Record financial transactions and extract a trial balance.
MLO3 Prepare financial statements.
MLO4 Interpret information in financial statements.
Pre-requisite learning
Module Recommendations
This is prior learning (or a practical skill) that is strongly recommended before enrolment in this module. You may enrol in this module if you have not acquired the recommended learning but you will have considerable difficulty in passing (i.e. achieving the learning outcomes of) the module. While the prior learning is expressed as named DkIT module(s) it also allows for learning (in another module or modules) which is equivalent to the learning specified in the named module(s).
No recommendations listed
 
Module Indicative Content
Forms of business entity and users of accounting information
Sole Trader, Partnership, Limited Company. Key stakeholders and related information need.
Recording financial transactions.
Accounting rules, recording financial transactions in the nominal ledger, trial balance
Financial Statements of a sole trader
Income Statement and Balance Sheet of a sole trader, including adjustments
Financial Statements of a Limited Company
Income Statement and Balance Sheet of a Limited Company.
Cash Flow Statement
Cash versus Profit, Importance of cash flow statement, Preparation of cash flow statement.
Interpretation of Accounts
Analysis of Financial Statements using key ratios, performance analysis and reporting.
Module Assessment
Assessment Breakdown%
Course Work40.00%
Final Examination60.00%
Module Special Regulation
 

Assessments

Full Time On Campus

Course Work
Assessment Type Class Test % of Total Mark 40
Marks Out Of 0 Pass Mark 0
Timing n/a Learning Outcome 1,2,3
Duration in minutes 0
Assessment Description
Mid-term assessment to provide feedback on progress to date.
No Project
No Practical
Final Examination
Assessment Type Formal Exam % of Total Mark 60
Marks Out Of 0 Pass Mark 0
Timing End-of-Semester Learning Outcome 1,2,3,4
Duration in minutes 0
Assessment Description
End-of-Semester Final Examination
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

Workload: Full Time On Campus
Workload Type Contact Type Workload Description Frequency Average Weekly Learner Workload Hours
Lecture Contact No Description Every Week 3.00 3
Directed Reading Non Contact No Description Every Week 3.00 3
Independent Study Non Contact No Description Every Week 3.00 3
Total Weekly Learner Workload 9.00
Total Weekly Contact Hours 3.00
This module has no Part Time On Campus workload.
 
Module Resources
Recommended Book Resources
  • John Dyson. (2010), Accounting for Non Accounting Students, 6th Edition, 8th. Pearson, [ISBN: 9780273722977].
Supplementary Book Resources
  • Eddie McLaney, Peter Atrill. (2012), Accounting: An Introduction, 6th. Pearson, [ISBN: 9780273771838].
  • Pauline Weetman. (2013), Financial Accounting: An Introduction, 6th. Pearson, [ISBN: 9780273789659].
  • Brian Morris. The Road to Accountancy, Part 1 & 2, DKIT College Services.
This module does not have any article/paper resources
Other Resources
  • Authentic texts, e.g., business-related articles from The Irish Times; radio and television news reports..