Accounting / Finance

Course summary

The qualification looks at both aspects of financial and management accounting. Students will study: 1. Role of an accountant in business 2. Types of business organisations 3. Double entry model 4. Verification of accounting records 5. Accounting concepts used in the preparation of accounting records 6. Preparation of financial statements of sole traders 7. Limited company accounts 8. Analysis and evaluation of financial information 9. Budgeting 10. Marginal costing 11. Standard costing and variance analysis 12. Absorption and activity-based costing 13. Capital investment appraisal 14. Accounting for organisations with incomplete records 15. Partnership accounts 16. Accounting for limited companies 17. Interpretation, analysis and communication of accounting information 18. The impact of ethical considerations