THE UNIVERSITY OF MANCHESTER 
BMAN21020A: Financial Reporting and Accountability 
Final Examination Guide and Notes 2025 
 
Part 01: About This Guide 
Part 02: Sample Examination Paper 
Part 03: Detailed Solutions and Explanations 
Part 04: Proven Exam Strategies and Tips 
 
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BMAN21020A - Financial Reporting & Accountability (Solutions)

£35.00

ACADEMIC YEAR 2024 - 2025

University	The University of Manchester
Unit Code	BMAN21020A
Credit Rating	20
Unit Title	Financial Reporting and Accountability
Notes Title	Final Examination Guide and Notes
Page Length	38

This comprehensive guide is designed to help you understand how the final exam for BMAN21020A: Financial Reporting and Accountability at the University of Manchester will be structured and assessed. It provides insights into the types and formats of questions likely to appear on the exam. Fully updated for this academic year, this self-study set covers all examinable topics and includes sample questions with detailed solutions. This guide will assist you in identifying priority areas for review, key concepts, and essential topics to focus on as you prepare for the exam.

BMAN21020A: Financial Reporting & Accountability examines financial reporting from both theoretical and practical perspectives. The course covers fundamental accounting concepts, income measurement, and major theoretical approaches to financial statement production. It also explores the regulatory framework, including legal and professional standards and the role of auditing. Students will study efforts to develop a conceptual framework for financial reporting, along with key issues such as earnings reporting, asset valuation, research activity accounting, group accounting, intangible assets, and provisions. Technical aspects of financial reporting are integrated throughout both semesters to provide a comprehensive understanding of accounting practices and the conceptual issues that shape them.

The course requires completion of Financial Reporting (BMAN10501) and Fundamentals of Financial Reporting (BMAN10621A, BMAN10621M, or BMAN10621B). A background in Accountability and Auditing (BMAN30211) and Corporate Governance in Context is recommended. By the end of the course, students will understand the regulatory framework, theoretical approaches, and key accounting techniques. They will be able to analyse conceptual frameworks, assess how theory and practice align, and apply various accounting standards. The course also emphasises the role of auditing in verifying financial statements and explores the impact of governance and accountability on financial reporting.

UNIT CODE	UNIT TITLE
BMAN10001	Economic Principles: Microeconomics
BMAN10101	Principles of Marketing
BMAN10501	Financial Reporting
BMAN10512	Introductory Management Accounting
BMAN10522	Financial Decision Making
BMAN10552	Fundamentals of Finance
BMAN10621M	Fundamentals of Financial Reporting
BMAN10872	Introduction to Work Psychology
BMAN20072	Investment Analysis
BMAN21011	Financial Markets and Institutions
BMAN21040A	Intermediate Management Accounting
BMAN21020A	Financial Reporting and Accountability
BMAN23000A	Foundations of Finance A
BMAN23000B	Foundations of Finance B
BMAN30091	Financial Derivatives
BMAN30111A	Advanced Corporate Finance
ECON10072A	Advanced Statistics
ECON10221	Microeconomics 1
ECON10232	Microeconomics 2
ECON10241	Macroeconomics 1
ECON10262	Macroeconomics 2
ECON30370	Econometrics
ECON31031	Advanced Econometrics
PSYC10100	Research Methods and Statistics
PSYC21061	Statistics and Data Analysis
SOST10062	Introductory Statistics for Economists

BMAN21020A - Financial Reporting & Accountability (Solutions)

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