Financial Accounting

Queen Mary, University of London

Course Description

  • Course Name

    Financial Accounting

  • Host University

    Queen Mary, University of London

  • Location

    London, England

  • Area of Study

    Accounting, Finance

  • Language Level

    Taught In English

  • 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.

    Hours & Credits

  • UK Credits

    15
  • Recommended U.S. Semester Credits
    4
  • Recommended U.S. Quarter Units
    6
  • Overview

    Credits: 15.0
    Overlap: None
    Prerequisite: None
    This 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% Examination
    Semester 1 Associate Assessment: 100.0% Coursework
    Level: 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.