Introductory International Financial Accounting A
University of Reading
Area of Study
Accounting, Finance, International Business
Taught In English
Course Level Recommendations
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.
Recommended U.S. Semester Credits3
Recommended U.S. Quarter Units4
Hours & Credits
OverviewModule Provider: Business Informatics, Systems and AccountingNumber of credits: 10 [5 ECTS credits]Level:4Terms in which taught: Autumn term modulePre-requisites:Non-modular pre-requisites:Co-requisites:Modules excluded:Module version for: 2016/7Summary module description:This module is delivered at University of Reading and University of Reading Malaysia.Aims:This module aims to provide the student with introductory knowledge and understanding of international corporate financial reporting and the skills to apply this to the preparation of simple financial statements and to the analysis of published financial information.Assessable learning outcomes:By the end of the unit it is expected that students will be able to:1. State and apply the various principles, underlying concepts and conventions relating to financial accounting2. State and explain the nature and purpose of the major financial statements3. Interpret financial accounting data4. Discuss the nature and financing of various business formsAdditional outcomes:Workshops and assignments are also designed to encourage the development of oral communication and student effectiveness in group situations. Structured activities are designed to develop independent learning skills. IT skills are developed by the use of the Blackboard course management system and the on-line textbook linked VLE.Outline content:Business forms and the need for financial reporting information; the conceptual framework of financial reporting; recording transactions and events using the accounting equation; preparation and presentation of financial statements; the limited company and its financial statements; ; financial statement analysis.Brief description of teaching and learning methods:Lectures will be used for the exposition of the main concepts, principles and techniques associated with the discipline. Workshops will focus on discussion and numerical practice.Contact hours:AutumnLectures 20Practicals classes and workshops 16Guided independent study 62Total hours by term 98Total hours for module 98Summative Assessment Methods:Method- PercentageWritten exam 100Formative assessment methods:Work will be set for most weeks of the unit to enable students to gain the necessary numerical practice. Most of this work is primarily designed as a learning vehicle in support of independent learning.Length of examination:1.5 hoursRequirements for a pass:A minimum mark of 40%.
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