Teaching Responsibility
LJMU Schools involved in Delivery:
Liverpool Business School
Learning Methods
Workshop
Module Offerings
4100LBSAF-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.
Module Overview:
This module has been designed to provide students with a sound foundation in bookkeeping, financial controls, accounting techniques and financial statements.
This module has been designed to provide students with a sound foundation in bookkeeping, financial controls, accounting techniques and financial statements.
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.