Teaching Responsibility
LJMU Schools involved in Delivery:
LJMU Partner Taught
Learning Methods
Workshop
Module Offerings
4600AFYPC-SEP-MTP
Aims
The aim of the module is to provide students with a sound foundation in bookkeeping, financial controls, accounting techniques and financial statements.
Learning Outcomes
1.
Apply the basic principles and concepts of accounting.
2.
Perform a range of basic bookkeeping techniques and controls.
3.
Prepare basic financial statements for a small business such as a sole trader.
4.
Identify and correct errors in a bookkeeping and accounting.
Module Content
Outline Syllabus:
Nature of bookkeeping.
Introduction to accounting concepts.
Basic bookkeeping techniques.
Trial balance.
Accruals, prepayments, bad debts and depreciation.
Disposal of non current assets.
Preparation of final accounts for a sole trader.
Bank reconciliations.
Control accounts and books of prime entry.
Accounting errors and suspense accounts.
Nature of bookkeeping.
Introduction to accounting concepts.
Basic bookkeeping techniques.
Trial balance.
Accruals, prepayments, bad debts and depreciation.
Disposal of non current assets.
Preparation of final accounts for a sole trader.
Bank reconciliations.
Control accounts and books of prime entry.
Accounting errors and suspense accounts.
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.
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.