Accounting and its Regulatory Framework
This module has been put together to help you develop the financial skills that will enable you to: interpret the information contained in the annual accounts of limited companies; apply appropriate financial techniques to short-term business decision making situations, and serve as a foundation for further financial studies.
Key Topics
In this module you will cover a range of topics including:
>The nature and objectives of accounting identifying users, purpose and form of the main accounting reports
>The regulatory framework governing the preparation of accounting statements
>The format, content, and the application of the regulatory framework to the Balance Sheet, the Profit and Loss Account, and Cash Flow Statement
>The major sources of information for the analysis of company accounts
>The importance of working capital to the operations of a business
>The management of cash and the preparation of cash budgets
Assessment
There are a number of assessments that you complete as part of your coursework and forward to your academic tutor for grading and comments.
You'll also take a summative assessment at the end of your module. Exam venues are located across the UK and exams take place twice a year. Please note that there are additional assessment fees for each module.