THE UNIVERSITY OF SHEFFIELD

MGT225: Intermediate Financial Accounting

Final Examination Guide and Notes 2026

Part 01: About This Guide

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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University of Sheffield - MGT225: Intermediate Financial Accounting

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ACADEMIC YEAR 2026 - 2027

University	University of Sheffield
Module Code	MGT225
Module Name	Intermediate Financial Accounting
Credit Value	20 Credits
Notes Title	Final Examination Guide and Notes
Page Length	37

This comprehensive guide is designed to help you understand how the final examination for MGT225: Intermediate Financial Accounting at the University of Sheffield 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. It also offers an overview of the exam format and content expectations.

This is an intermediate level financial accounting course, building on the level 1 'introductory' module (MGT132). It follows that some of the concepts, techniques and skills acquired during the study of that module remain examinable (revision exercises are provided throughout the module). In addition there is examination of a range of accounting standards and underpinning rationales, a review of the major conceptual debates currently preoccupying both accountants and standard-setters, and an exploration of the practical problems associated with the reporting of the results of limited companies and groups.

Pre-requisites for:

MGT302
MGT304
MGT322

MODULE CODE	MODULE NAME
ECN104	Introductory Finance for Economics
ECN120	Statistical Methods for Economics
ECN130	Economic Analysis and Policy
ECN201	Intermediate Microeconomics
ECN202	Intermediate Macroeconomics
ECN21004	Econometrics
ECN21007	Statistics and Econometrics
ECN340	Further Econometrics
ECN357	Modern Finance
MAS109	Probability and Data Science
MAS2010	Statistical Inference and Modelling
MAS372	Time Series
MGT102	Introduction to Management Accounting
MGT120	Introduction to Behaviour at Work
MGT132	Introduction to Financial Accounting
MGT143	Foundations in Financial Management
MGT223	Business Statistics
MGT225	Intermediate Financial Accounting
MGT230	Introduction to Corporate Finance and Asset Pricing
MGT233	Essentials of Marketing
MGT250	Financial Management
MGT321	Corporate Finance
MGT355	Advances in Financial Accounting
MGT375	Financial Derivatives
PSY1005	Psychological Research Methodology I

UKNOTES

University of Sheffield - MGT225: Intermediate Financial Accounting

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