Fundamentals of Accounting - BUSN3860

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Module delivery information

This module is not currently running in 2024 to 2025.


In today's dynamic business world, accounting is important and urgently calls for collective attention. We must expect radical changes to financial accounting, reporting and assurance in the very near future. Society needs high-quality and trustworthy information to inform public policies and investment and lifestyle decisions.

You'll be introduced to core accounting topics and be prepared for more advanced studies in accounting and finance. You’ll learn how to understand and prepare financial reports for external users as well as financial information required by management for decision-making.

You’ll be equipped with a decision-making skill set that allows you to understand the main items on financial reports, as well as the differences and similarities between financial reports and management accounting information, preparing you for all the developments and challenges the field faces.


Contact hours

The module will be taught by lectures, seminars and private study.
Total Contact Hours: 33
Private Study Hours: 117

Method of assessment

Main Assessment Method;

2 hour examination (60%)
In-course test (20%)
MCQ (20%)

Reassessment Method:

100% examination

Indicative reading

Core textbook:

McLaney, E.J. and Atrill, P. (2017) Accounting & Finance for non-specialists, 10th ed., London: Pearson

Further indicative readings:

McLaney, E.J. and Atrill, P. (2016) Accounting and Finance: An Introduction. Harlow: Pearson
Thomas, A. and Ward, A.M. (2015) Introduction to Financial Accounting. London: McGraw Hill
Brewer, P. and Garrison, R. and Noreen, E. (2019) Introduction to Managerial Accounting, London: McGraw Hill
Garrison, R. and Noreen, E. and Brewer, P. (2018) Managerial Accounting, London: McGraw Hill
Bhimani, A., Horngren, C., Datar, S., Rajan, M. (2015) Management and Cost Accounting, Harlow: Pearson.

See the library reading list for this module (Medway)

Learning outcomes

The intended subject specific learning outcomes.
On successfully completing the module students will be able to:
- Demonstrate knowledge and understanding of the professional and regulatory environments within which financial statements are prepared and used
- Demonstrate understanding of performance measurement and evaluation techniques
- Manipulate and analyse financial data and financial performance
- Demonstrate understanding of short term decision-making and managing of short term finance

The intended generic learning outcomes.
On successfully completing the module students will be able to:
- Demonstrate the ability to undertake independent and self-managed learning
- Carry out data analysis and recommendations
- Demonstrate the ability to evaluate arguments and evidence
- Communicate a range of information, ideas and solutions effectively and at an appropriate level for the audience


  1. ECTS credits are recognised throughout the EU and allow you to transfer credit easily from one university to another.
  2. The named convenor is the convenor for the current academic session.
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