Teaching Responsibility

LJMU Schools involved in Delivery:

LJMU Partner Taught

Learning Methods

Workshop

Module Offerings

4500AFYPC-SEP-PAR

Aims

The aim of the module is to provide students with a sound foundation in basic bookkeeping and accounting techniques.

Learning Outcomes

1.
Apply the basic principles and concepts of accounting.
2.
Perform a range of basic bookkeeping techniques.
3.
Prepare basic financial statements for a sole trader.
4.
Identify and correct basic errors in a bookkeeping system.

Module Content

Outline Syllabus:Nature of bookkeeping. Introduction to accounting concepts. Basic bookkeeping techniques. The trial balance. Accruals, prepayments, bad debts and depreciation. Disposal of non current assets. Preparation of final accounts for a sole trader. Bank reconciliations. Books of prime entry and control accounts. Errors and suspense accounts.
Module Overview:
The aim of the module is to provide students with a sound foundation in basic bookkeeping and accounting techniques. The module content is cumulative knowledge which will form the foundation of future modules. To ensure students are making satisfactory progress the coursework is set as an in-class test which provides the programme team with an early indication of students that may need extra support.
Additional Information:The module content is cumulative knowledge which will form the foundation of future modules. To ensure students are making satisfactory progress the coursework is set as an in-class test which provides the programme team with an early indication of students that may need extra support.

Assessments

Test

Exam