Course Description
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Course Name
Financial Accounting
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Host University
Queen Mary, University of London
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Location
London, England
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Area of Study
Accounting, Finance
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Language Level
Taught In English
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Course Level Recommendations
Lower
ISA offers course level recommendations in an effort to facilitate the determination of course levels by credential evaluators.We advice each institution to have their own credentials evaluator make the final decision regrading course levels.
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UK Credits
15 -
Recommended U.S. Semester Credits4
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Recommended U.S. Quarter Units6
Hours & Credits
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Overview
Credits: 15.0Overlap: NonePrerequisite: NoneThis Course introduces you to and explores the purpose, nature and operation of the Financial Accounting function within businesses, particularly limited liability companies in the UK. It reveals, illustrates and explores how the financial accounting systems operate when tasked with measuring and recording the financial value of the transactions, events and activities of a business. In so doing, it examines the nature and scope of financial accounting and the underlying conceptual framework of accounting conventions and standards. It further looks at the ratio analysis and associated interpretation of published financial statements from the perspectives of a range of differing users of financial accounting information. Accordingly, the module seeks to equip you with the knowledge, understanding and skills to enable you to identify and record the financial value of business transactions, events and activities, and to generate financial information through the construction of Balance Sheets, Income Statements (Profit Statements) and Cash Flow Statements, and through the use of financial ratios.Assessment: 40.0% Coursework, 60.0% ExaminationSemester 1 Associate Assessment: 100.0% CourseworkLevel: 4
Course Disclaimer
Courses and course hours of instruction are subject to change.
Eligibility for courses may be subject to a placement exam and/or pre-requisites.
Some courses may require additional fees.
Credits earned vary according to the policies of the students' home institutions. According to ISA policy and possible visa requirements, students must maintain full-time enrollment status, as determined by their home institutions, for the duration of the program.
Please reference fall and spring course lists as not all courses are taught during both semesters.
Please note that some courses with locals have recommended prerequisite courses. It is the student's responsibility to consult any recommended prerequisites prior to enrolling in their course.