UNIVERSITY OF WARWICK 
Department: Warwick Business School 
IB146: Accounting for Business 
Final Examination Guide and Notes 2025 
 
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 Warwick - Accounting for Business (IB146)

£25.00

ACADEMIC YEAR 2024 - 2025

University	University of Warwick
Study Level	Undergraduate Level 1
Module Code	IB146
Credit Value	15
Module Name	Accounting for Business
Notes Title	Final Examination Guide and Notes
Page Length	38

This comprehensive guide is designed to help you understand how the final examination for IB146: Accounting for Business at the University of Warwick will be structured and assessed. The guide 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.

IB146: Accounting for Business introduces students to the principles of financial and management accounting, emphasising their role in decision-making, planning, and performance evaluation. The module covers the preparation, interpretation, and limitations of financial statements - Income Statement, Statement of Financial Position, and Statement of Cash Flows - while exploring key concepts such as accruals, prudence, historical cost, and the distinction between cash flow and profit. Students learn basic ratio analysis, liquidity's importance, and cost analysis techniques like Cost-Volume-Profit Analysis, Full Absorption Costing, and Activity-Based Costing for short-term decisions. Budgeting, variance analysis, and their role in management practices are also examined. By module completion, students will analyse business problems, leverage accounting data for informed decisions, and recognise the limitations of accounting in practice.

MODULE CODE	MODULE NAME
EC106	Introduction to Economics
EC108	Macroeconomics 1
EC122	Statistical Techniques A
EC124	Statistical Techniques B
EC203	Applied Econometrics
EC226	Econometrics 1
EC238	Economics 2: Microeconomics
EC239	Economics 2: Macroeconomics
EC306	Econometrics 2
IB114	Financial Management
IB132	Foundations of Finance
IB133	Foundations of Accounting
IB146	Accounting for Business
IB148	Principles of Marketing
IB232	Issues in Management Accounting
IB234	Financial Reporting 2
IB235	Finance 1: Financial Markets
IB236	Finance 2: Corporate Finance
IB253	Principles of Finance 1
IB254	Principles of Finance 2
IB359	Derivatives and Risk Management
IB3J8	Banks and Financial Systems

University of Warwick - Accounting for Business (IB146)

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