Financial Accounting for Decision Making
Dublin City University
Area of Study
Accounting, Finance, Financial Management
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 Credits2
Recommended U.S. Quarter Units3
Hours & Credits
The aim of the module is to develop students' understanding of the role of financial accounting for decision making in organisations. More specifically, it will develop students' competence to prepare, analyse, understand, critically evaluate and use Financial Statements for decision making purposes.
1. Define the conceptual framework of accounting, including the objectives, characteristics, users and limitations of financial accounting information.
2. Explain the development of accounting rules and how generally accepted accounting practices are utilised in financial statement preparation
3. Describe how business transactions are reflected in the books of a business entity
4. Prepare basic financial statements of a business entity to include the Income Statement, Balance Sheet and Statement of Cash Flows
5. Apply financial accounting ratios to analyse and critically evaluate financial statements and prepare a report based on the needs of the recipient
6. Explain the role of the financial accountant, management accountant, internal and external auditors.
Courses and course hours of instruction are subject to change.
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.
ECTS (European Credit Transfer and Accumulation System) credits are converted to semester credits/quarter units differently among U.S. universities. Students should confirm the conversion scale used at their home university when determining credit transfer.
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.