Financial Accounting 3

Learning Outcomes

Knowledge and Understanding

Having successfully completed this module, you will be able to demonstrate knowledge and understanding of:

• current issues and possible future directions for financial reporting.

Subject Specific Intellectual and Research Skills

Having successfully completed this module you will be able to:

• prepare consolidated financial statements for simple groups.
• summarise, analyse and evaluate relevant accounting standards and other regulations;
• apply accounting ideas, concepts and methods to specific financial reporting problems;
• illustrate the effect of accounting policy choice on financial statements through calculation and discussion;

Transferable and Generic Skills

Having successfully completed this module you will be able to:

• communicate better in written form;
• interpret numerical data and address numerical problems more effectively.

Formative

This is how we’ll give you feedback as you are learning. It is not a formal test or exam.

In-class activities

• Assessment Type: Formative
• Feedback: You will receive verbal feedback both individually and in groups.
• Final Assessment: No
• Group Work: No

Summative

This is how we’ll formally assess what you have learned in this module.

Referral

This is how we’ll assess you if you don’t meet the criteria to pass this module.

Repeat

An internal repeat is where you take all of your modules again, including any you passed. An external repeat is where you only re-take the modules you failed.