Module code: AFE4005-B
To provide a broad understanding of financial accounting and management accounting concepts and techniques that are relevant in today's business environment. This module aims to promote the awareness of issues relating to sustainable and responsible reporting.
The role of accounting and its development.
The nature and significance of accounting information.
Record keeping and data processing.
Financial statements, performance and asset measurement. Accounting concepts and conventions, accounts of limited companies.
Basic interpretation of accounts.
Relevant costs, cost behaviour, break-even analysis, cost-profit-volume analysis, marginal costing.
Full costing; overhead absorption and job costing.
Introduction to budgeting and variance analysis.
Promote awareness of issues related to sustainable and responsible reporting.