United Kingdom, Exeter

Introduction to Accounting

when 1 July 2017 - 22 July 2017
language English
duration 3 weeks
credits 7.5 ECTS
fee GBP 1340

For a business to properly function, effective methods of communication among owners, managers and investors are essential. Accounting fills the need for a common language of business, and this module provides an introduction to its basic concepts, methods and practices of financial accounting. Knowledge of the underlying fundamental reporting concepts, in addition to its procedures, is an essential element in the education of future managers and other professionals.
Upon completion of the course, students will be able to better understand:
The regulation of financial reporting
The fundamental concepts of accounting, and the various accounting conventions that apply these concepts:
The uses to which accounting information may be put
Different types of accounting entity
The generation of the data recorded in accounting systems
The recording of basic transactions within the accounting system
The periodic measurement of profit (income) by businesses
The preparation of annual financial statements (statement of financial position, income statement, statement of cash flows) for simple businesses
The various elements of financial statements: assets, liabilities and capital
Measures of profitability and liquidity, including cash flow statements
Basic issues relating to the accounting statements of groups of companies.
Key text
P. Atrill & E. McLaney, Financial Accounting for Decision Makers (7th ed. Pearson 2013)

Course leader

Professor Kevin McMeeking

Target group

Undergraduate students with a GPA of 3.0 or above; postgraduate students with an interest in the subject are also welcome.

Course aim

To introduce students to the concepts, methods and practices of financial accounting

Fee info

GBP 1340: Tuition and social programme fees which includes a weekend in London, events on campus and day trips to Bath and St Ives.
GBP 1230: Bed and Breakfast Accommodation with Evening Meal (£1000 without evening meal)


We offer a number of partial scholarships.