The aim of this module is to provide the ability to construct and interpret the accounts and financial statements of companies and financial institutions, to construct management information and to evaluate working capital.
This module will cover a number of syllabus items set out in Subject CB1 – Business Finance published by the Institute and Faculty of Actuaries.
Total contact hours: 48
Private study hours:102
Total study hours: 150
Method of assessment
70% Examination, 30% Coursework
Students on the programmes listed in section 7 are provided with the study notes published by the Actuarial Education Company for Subject CB1.
Additional reading that students may find useful includes:
Financial accounting, Britton, Anne, Waterston, Christopher, Dawsonera 2010
Interpreting Company Reports and Accounts, Geoffrey Holmes, Alan Sugden & Paul Lee 10th Edition. Prentice Hall
See the library reading list for this module (Canterbury)
The intended subject specific learning outcomes. On successfully completing the module students will be able to:
1. construct the main accounts normally contained within corporate annual reports;
2. understand and interpret critically the concepts and methods of financial reporting;
3. analyse and compare corporate results across time and between firms using horizontal and vertical analysis techniques.
The intended generic learning outcomes. On successfully completing the module students will be able to:
1. use a logical mathematical approach to solving problems and will be able to solve problems in financial reporting and analysis using appropriate methods;
2. demonstrate enhanced skills in the selection and use of electronic sources to search for and retrieve information online, and to use generic commercial software and its applications to accounting;
3. manage their time and work independently;
4. demonstrate improved skills in numeracy, problem solving, and written communication.
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Credit level 5. Intermediate level module usually taken in Stage 2 of an undergraduate degree.
- ECTS credits are recognised throughout the EU and allow you to transfer credit easily from one university to another.
- The named convenor is the convenor for the current academic session.
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