Teaching Responsibility
LJMU Schools involved in Delivery:
LJMU Partner Taught
Learning Methods
Lecture
Seminar
Module Offerings
3522IFBSG-APR-PAR
3522IFBSG-JAN-PAR
3522IFBSG-MAY-PAR
Aims
To provide a basic knowledge of bookkeeping and accounts for progression to a degree programme on business related subjects. To establish a firm foundation in mathematical applications for finance and accountancy.
Learning Outcomes
1.
Maintain simple financial records
2.
Demonstrate a knowledge of accounting processes and procedures
3.
Prepare periodic financial statements of sole traders and limited companies
Module Content
Outline Syllabus:
- Introduction to book-keeping, - Double-entry book-keeping, - Preparation of trial balance, - Preparation of a basic statement of a profit and loss for a sole trader – incorporating sales, cost of sales, gross profit, expenses and net profit - Preparation of a basic statement of financial position (balance sheet) – incorporating non-current assets, current assets, current liabilities, long term liabilities, capital, drawings and net profit.
- Introduction to book-keeping, - Double-entry book-keeping, - Preparation of trial balance, - Preparation of a basic statement of a profit and loss for a sole trader – incorporating sales, cost of sales, gross profit, expenses and net profit - Preparation of a basic statement of financial position (balance sheet) – incorporating non-current assets, current assets, current liabilities, long term liabilities, capital, drawings and net profit.
Module Overview:
To provide a basic knowledge of financial mathematics for progression to a degree programme in business related subjects. To establish a firm foundation in mathematical applications for finance and accountancy
To provide a basic knowledge of financial mathematics for progression to a degree programme in business related subjects. To establish a firm foundation in mathematical applications for finance and accountancy