Part 1: Financial Accounting
Unit 1: Introduction to Accounting
Introduction
Objectives
1. What is accounting?
2. Organisations, objectives and management
3. Financial and managerial accounting
4. Profit, profitability and cash
5. Accounting conventions, concepts and policies
6. Capital and sources of finance
7. Capital structure - limited liability company
Unit Summary
Unit 2: Financial Statements
Introduction
1. Objectives
2. Content of financial statements
3. The "big three"
4. The balance sheet
5. Measurement of profit
6. The income statement
7. Bookkeeping and books of account
8. The trial balance
9. Judgement
10.The cash flow statement - profit versus cash
Summary
Review activities
Unit 3: Interpretation and Analysis of Published Financial Statements
Introduction
Objectives
1. The analysts
2. Analytical techniques
3. The key issues
4. The principal ratios
Summary
Part II: Management Accounting and Financial Management
Unit 4: Cost and Management Accounting
Introduction
Objectives
1. Introduction to management accounting
2. Costs and historical costing
3. Controlling costs
4. Total absorption costing
5. Marginal costing
6. Break-even analysis
Summary
Appendix: examples of cost units
Unit 5: Budgetary Control
Introduction
Objectives
1. The household budget
2. Benefits of budgeting
3. Rules for budgeting and budgetary control
4. Cash budgets
5. Behavioural implications of budgeting
6. Control though comparative statements
7. Fixed and flexible budgets
Summary
Unit 6: Capital Investment Appraisal and Project Evaluation
Introduction
Objectives
1. Capital investment appraisal
2. What is investment?
3. Evaluation - alternative approaches
4. Judgement
5. Non-financial aspects of capital investment appraisal
Summary
Further reading |
