THE UNIVERSITY OF SHEFFIELD 
MGT132: Introduction to Financial Accounting 
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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The University of Sheffield - MGT132: Introduction to Financial Accounting

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ACADEMIC YEAR 2024 - 2025

University	The University of Sheffield
Module Code	MGT132
Module Name	Introduction to Financial Accounting
Credit Value	20 Credits
Notes Title	Final Examination Guide and Notes
Page Length	81

This guide provides a comprehensive summary of the key concepts covered in MGT132: Introduction to Financial Accounting at the University of Sheffield. It highlights the essential information needed to understand and apply the module material effectively, ensuring a strong foundation in financial accounting principles. Designed specifically to support your preparation for the final exam, the guide helps you recall and apply key knowledge with ease. You don't need to be an expert in the module - just a basic understanding and the ability to quickly reference the material are enough. Use these notes to deepen your understanding of the topics and improve your performance in the final exam.

Financial Accounting is concerned with the ways in which the financial transactions of a business are recorded and summarised in financial statements. This module provides an introduction to the construction of financial statements and an understanding and evaluation of the principles and concepts on which they are underpinned. Once the principles have been established, the module further develops the practical understanding of the preparation of financial statements and focuses on the preparation, interpretation and limitations of company financial statements and the regulatory framework in which they are prepared. This module is a prerequisite for MGT212.

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The University of Sheffield - MGT132: Introduction to Financial Accounting

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