The aim of this 20 credit module is to focus on the regulations and theoretical aspects that underpin the preparation of published accounts for limited companies. It provides the link between first year studies (BS1513 and BS1611) where the practical techniques of the accounting process are learned and the third year (BS3521) where more advanced aspects are studied.

It aims to teach specialist accounting students why the published accounts of registered companies, especially quoted ones, have their observed form and content and to enable students to assess the role of published accounts in the process of corporate governance and appreciate the laws and regulations that affect the corporate reporting activities of limited companies.

Syllabus content:

• Regulatory aspects: regulatory framework; corporate governance;

• Form and content of published accounts: statutory requirements; accounting standards;

• The Conceptual Framework; definitions; recognition; measurement and derecognition;

• Selected International Financial Reporting Standards: The module will cover the authoritative requirements of a number of accounting standards current at the time of teaching;

• Interpretation and financial statement analysis.

MODULE CODE

MODULE NAME

BS1501

Applied Stats and Maths in Econ and Business

BS1503

Introduction to Accounting

BS1512

Foundations of Business Accounting

BS1547

Introduction to Economics

BS1551

Microeconomics

BS1611

Fundamentals of Financial Reporting

BS1612

Fundamentals of Finance

BS1630

Principles of Marketing and Strategy

BS1652

Macroeconomics

BS2507

Management Accounting

BS2508

Corporate Financial Management

BS2514

Financial Markets and Institutions

BS2516

Corporate Reporting

BS2549

Macroeconomic Theory

BS2550

Microeconomic Theory

BS2551

Money Banking and Finance

BS2570

Introductory Econometrics

BS3515

Financial Derivatives

BS3551

Econometrics

BS3615

Security Analysis and Portfolio Management