Nottingham University Business School
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Financial Accounting

Please note that the following information may be subject to change.

Programme: Undergraduate

Module Code: N11123

Semester: Autumn

Convenor: Katherine Martin

Credits & Level: 10 credits; Level 1

Pre-requisites: None.

Co-requisites: None.

Target Students: Available to all students. CANNOT be taken by students who have taken/are taking T11012 Intro to Accounting with application to China or T11013 Intro to Finance with an application to China

Delivery: 21 one-hour lectures plus 5 one-hour seminars

Assessment: One 2-hour examination (100%)

Exam Format:Section A: Answer ALL questions. This is a multiple choice section containing 20 questions. Section B: Answer BOTH questions. Section C: Answer ONE question from a choice of THREE questions.

Summary of Content This module will introduce the nature and purpose of Financial Accounting. Key accounting concepts, the impact of accounting policy selection, accounting standards and the recording and collating of accounting information will be presented. Financial statements will be developed via double entry bookkeeping from accounting data.

Aims To develop student learning in financial reporting (the provision of accounting information in Statements of Profit or Loss, Statements of Financial Position, Statements of Changes in Equity and Statements of Cash Flow) and to consider the impact of accounting policy selection on accounting profit.

Key Words: Company accounts; accounting policy; accounting reports, double-entry book keeping.

Learning Objectives & Outcomes Knowledge and understanding
This module develops a knowledge and understanding of:
  • The main current technical language and practicesof accounting under IFRS
    Skills in recording and summarising transactions and other economic events in the preparation of financial statements



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Nottingham University Business School

Jubilee Campus
Nottingham
NG8 1BB

telephone: +44 (0) 115 846 6602
fax: +44 (0) 115 846 6667
email: business-enquiries@nottingham.ac.uk