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ACCN08008: Accountancy 1B 
Comprehensive Revision Guide and Course Notes 2025 
 
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University of Edinburgh - ACCN08008: Accountancy 1B (Solutions)

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ACADEMIC YEAR 2025 - 2026

University	University of Edinburgh
Course Code	ACCN08008
Course Name	Accountancy 1B
SCQF Credits	20
Notes Title	Comprehensive Revision Guide and Course Notes
Page Length	119

If you are studying ACCN08008: Accountancy 1B at the University of Edinburgh, this complete guide keeps your revision focused and simple. It explains key ideas in clear language, highlights the topics to spend most time on, and includes practice questions to check your understanding. Use the notes as a quick reference during term and for a final review before the exam. Updated for the current syllabus, they help you revise with focus and aim to pass the final exam on your first attempt.

Accountancy 1B looks at the area of Management Accounting, and uses the knowledge gained in the Accountancy 1A (Financial Accounting) course as a foundation for the study of the topics covered here. This course looks at preparing accounting information which will be primarily only be seen by users within the business, and it has a forward looking focus to the information being prepared. Course participants will apply the principles of accounting techniques to solve problems and answer questions faced by management regarding the financial operation of the business, and to plan for the future operations.

The course is valuable for both those who intend to follow a professional career in the accountancy field, as well as those who propose to have a career in business more generally.

✔ Outline Content:

The budgeting process and its importance for a business or organization
The role of costing and the terminology and processes used in this area
The use of break-even analysis in making decisions for a business
Full costing and its use in the costing of services and products and its role in setting prices.
Standard costing and variance analysis
Capital investment decisions
Principles of Pricing
Performance evaluation and business strategy and management accounting

COURSE CODE	COURSE NAME
ACCN08007	Accountancy 1A
ACCN08008	Accountancy 1B
ACCN08009	Accountancy 2A
ACCN08012	Accounting for Business 1
BUST08003	Principles of Finance
BUST08004	Marketing
BUST08005	Business Economics
BUST08018	Applications of Finance
BUST08029	Introduction to Financial Markets
BUST08030	Introduction to Corporate Finance
BUST08033	Introduction to Data Analysis
BUST10012	Corporate Finance
BUST10023	Futures and Options
BUST10032	Investment and Securities Markets
ECNM08004	Economic Principles
ECNM08016	Statistical Methods for Economics
ECNM10052	Essentials of Econometrics
ECNM10056	Applications of Econometrics
ECNM10069	Topics in Macroeconomics
ECNM10070	Topics in Microeconomics
MATH08051	Statistics
PPLS08001	Research Methods and Statistics

University of Edinburgh - ACCN08008: Accountancy 1B (Solutions)

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