UNIVERSITY OF BIRMINGHAM 
Financial Accounting and Accountability 
Final Examination Guide and Notes 2025 
 
Part 01: Revision Notes 
Part 02: Sample Final Examination Paper 
Part 03: Suggested Solutions to Final Exam Paper 
Part 04: Final Examination - Hints and Tips 
 
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Financial Accounting and Accountability - at the University of Birmingham

£35.00

ACADEMIC YEAR 2024 - 2025

University	University of Birmingham
Module Code	07 32179
Module Title	Financial Accounting and Accountability
Credits	20
Notes Title	Final Examination Guide and Notes
Page Length	81

This guide provides a comprehensive summary of the key concepts covered in the Financial Accounting and Accountability module - at the University of Birmingham. It highlights the essential information needed to understand and apply the module material effectively, ensuring a strong grasp of financial accounting principles. The guide is specifically designed to help you utilise your knowledge in exams. You don’t need to be an expert in the module - just have a basic understanding and the ability to quickly recall what you learn. Use these notes as a reference to deepen your understanding of the topics and enhance your performance in the final exam.

The module Financial Accounting and Accountability (Module code: 07 32179) - at the University of Birmingham introduces the function and practice of financial accounting, covering the foundational concepts and regulatory framework that underpin it. It explores the principles of double-entry bookkeeping, internal control mechanisms, preparation of financial statements for sole traders and limited companies, and interpretation of financial reports. Additionally, the module examines the concept of accountability, focusing on its importance in ensuring transparency and holding stakeholders responsible. By the end of the module, students will understand the need for accounting information, apply bookkeeping principles, prepare basic financial statements, analyse published financial reports, interpret financial data, and evaluate the significance of accountability in various contexts.

MODULE CODE	MODULE NAME
07 31703	Economics for Business A
07 31704	Introduction to Marketing and Communications
07 32179	Financial Accounting and Accountability
07 32180	Numeracy, Statistical Analysis and Financial Literacy A
07 32195	Economics for Business B
07 33105	Advanced Econometrics: Theory and Applications
07 33106	Advanced Financial Markets and Institutions
07 33172	Corporate Finance
07 33175	Financial Reporting
07 33177	Management Accounting
07 33178	Security Analysis and Valuation
07 33188	Financial Markets and Institutions
07 33191	Mathematical Methods for Statistics and Econometrics
07 33831	Advanced Financial Accounting Practice and Theory
08 28536	Microeconomics
08 29189	Macroeconomics
08 29194	Principles of Economics
08 32427	Numeracy, Statistical Analysis and Financial Literacy B
08 35218	Econometrics

Financial Accounting and Accountability - at the University of Birmingham

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