School of Economics and Finance

ECOM058 - Principles of Accounting

This module aims to introduce students to the fundamentals of accounting and financial reporting: the conceptual and regulatory framework of accounting; double entry bookkeeping and ledger accounting; the nature of accounting systems and their control; the treatment in financial statements of non-current assets; inventory, provisions and financial assets and liabilities; the preparation of financial statements for single entities; including incorporated entities; analysis and interpretation of financial statements; an understanding of statements of cash flows.