Short Title:Fundamentals of Fin & Mgt Acc
Full Title:Fundamentals of Financial and Management Accounting
Language of Instruction:English
Module Code:ACCT H2004
 
Credits: 5
Field of Study:Marketing and advertising
Module Delivered in 4 programme(s)
Reviewed By:GLENN MEHTA
Module Author:Patricia Morris
Module Description:This module aims to provide students with a basic knowledge in the following areas (i) Production of financial statements of a single entity (ii) Interpretation of financial statements of single entities through the use of ratios and other techniques. (iii) Production of budgets with particular reference to cash budgets (iv) Capital Investment decisions
Learning Outcomes
On successful completion of this module the learner will be able to:
LO1 Display an understanding of the fundamental accounting concepts, principles and conventions that underpin financial accounting.
LO2 Prepare from Trial Balance and accompanying additional information, the Income statement and Balance Sheet of a single entity in a prescribed format.
LO3 Analyse Financial Statements using ratios that cover the Liquidity, Efficiency, Profitabilty, and Owner aspects of the single entity.
LO4 Prepare cash budgets and comment thereon.
LO5 Describe and explain the theory behind budgeting and budgetary control in the management of businesses finance.
LO6 Apply investment appraisal techniques such as NPV, ARR, and PAYBACK in various scenarios and show an appreciation of the advantages and disadvantages of each.
 

Module Content & Assessment

Course Work
Assessment Type Assessment Description Outcome addressed % of total Assessment Date
Continuous Assessment The continuous assessment will take the form of an individual, time constrained closed book exam, or series of assessments to the total of 30%. 1,2,3 30.00 n/a
End of Module Formal Examination
Assessment Type Assessment Description Outcome addressed % of total Assessment Date
Formal Exam End-of-Semester Final Examination 1,2,3,4,5,6 70.00 End-of-Semester

TU Dublin – Tallaght Campus reserves the right to alter the nature and timings of assessment

 

Module Workload

Workload: Full Time
Workload Type Workload Description Hours Frequency Average Weekly Learner Workload
Lecture Class based instruction 3.00 Every Week 3.00
Independent Learning Time Private study and follow-up on exercises given in the lecture 6.00 Every Week 6.00
Total Weekly Learner Workload 9.00
Total Weekly Contact Hours 3.00
Workload: Part Time
Workload Type Workload Description Hours Frequency Average Weekly Learner Workload
Lecture Class based instruction 2.00 Every Week 2.00
Total Weekly Learner Workload 2.00
Total Weekly Contact Hours 2.00
 

Module Resources

Required Book Resources
  • Loretta Kyne and Garvan Whelan, ITT Tallaght, Workbook in Financial Accounting 1, Latest edition Ed.
Recommended Book Resources
  • Gail Sheppard 2011, Management Accounting, Gill & MacMillan [ISBN: 9780717149964]
  • Robert Perks,Danny Leiwy, Accounting, 3rd ed Ed. [ISBN: 9780077124786]
  • Drury C 2006, Cost Accounting and Management Accounting, An Introduction, 6th ed Ed., Thomson
  • Frank Wood and David Horner 2010, Frank Wood's business accounting basics, Latest edition Ed., Financial Times Prentice Hall Harlow [ISBN: 9780273725008]
  • Clarke, P.J., Financial Accounting - An Irish Text, Latest edition Ed., Gill and Macmillan
Recommended Article/Paper Resources
  • Business and Financial pages of Newspapers and Magazines in paper and electronic format
Other Resources
  • In-class handouts: In-class handouts
 

Module Delivered in

Programme Code Programme Semester Delivery
TA_BAMCO_B Bachelor of Arts (Honours) in Advertising & Marketing Communications 4 Mandatory
TA_BADMT_B Bachelor of Arts (Honours) in Digital Marketing Technologies 4 Mandatory
TA_BAMCO_D Bachelor of Arts in Advertising and Marketing Communications 4 Mandatory
TA_BMKDM_D Bachelor of Arts in Digital Marketing 4 Mandatory