UNIVERSITY OF LEICESTER 
EC2076: Principles of Accounting 
Comprehensive Study and Exam Preparation Guide 2025 
 
Part 01: Revision Notes 
Part 02: Sample Final Examination Paper 
Part 03: Detailed Solutions and Explanations 
Part 04: Proven Exam Strategies and Tips 
 
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University of Leicester - Principles of Accounting (EC2076)

£35.00

ACADEMIC YEAR 2024 - 2025

University	University of Leicester
Study Level	Undergraduate
Module Code	EC2076
Module Name	Principles of Accounting
Notes Title	Comprehensive Study and Exam Prep. Guide
Format	PDF
Page Length	81

This guide provides a comprehensive summary of the key concepts covered in EC2076: Principles of Accounting at the University of Leicester. It focuses on the essential information you need to understand and apply the course content effectively, helping you build a strong foundation in financial accounting. The features included are specifically designed to support your exam preparation by making it easier to apply what you've learned. You don’t need to be an expert in the module - just have a basic understanding and be able to recall key points quickly. Use these notes as a helpful reference to deepen your understanding and boost your performance in the final exam.

There is one thing that every economy, society and country has in common: money. As an economist understanding how financial transaction are recorded and how finances are handled and presented is vital. This module will detail how accounting principles help firms, organisations and institutions to make informed decisions in business and finance. To understand how a business generates money, records of their financial transactions need to be maintained and this module will explore how financial statements are prepared and presented for partnerships and companies. You will investigate how these transactions are recorded using:

Double entry accounting
Accounting for non-current assets
Inventory
Accruals
Prepayments
Impaired and irrecoverable debts

To form meaningful analysis of financial statements and make economic decisions about the performance of the company you will use ratio analysis, and evaluate the difference in legal requirements of different businesses by understanding what makes up a company's annual report.

MODULE CODE	MODULE NAME
EC1000	Microeconomics
EC1001	Macroeconomics
EC1007	Statistics for Economics
EC1009	Introduction to Economic Data Analysis
EC1023	Business Analytics
EC2007	Investment Management
EC2010	Introductory Econometrics
EC2011	Topics in Applied Econometrics
EC2022	Principles of Finance
EC2045	Intermediate Microeconomics
EC2076	Principles of Accounting
EC2137	Derivatives
MA1202	Introductory Statistics
MN1002	Principles of Marketing
MN1016	Financial Accounting
MN1017	Economics for Accounting and Finance
MN1018	Introduction to Management Accounting
MN1019	Introduction to Finance
MN1026	Introduction to Management
MN2115	Financial Reporting
MN2134	Corporate Finance
MN3142	Advanced Financial Reporting
PS1103	Psychological Research Skills 1

University of Leicester - Principles of Accounting (EC2076)

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