Accounting provides an excellent foundation for those wishing to pursue a career in the financial sector and for those considering starting their own business. The course has been developed in association with the professional bodies, including CIMA and ICAEW and thus incorporates an element of both financial and management accounting, therefore providing a solid knowledge of the subject for those entering the Accounting profession.
Accounting allows students to develop quantitative data analysis and interpretation skills, whilst the inclusion of ethics and an emphasis on management accounting will give students the confidence to communicate information to non-accountants and future clients.
Students will study various forms of business ownership, including sole traders, partnerships and limited companies and be able to complete and amend accounts for all forms of ownership. They will also be able to evaluate accounts and comment on the financial performance of the business.
Other areas of study include:
- The role of the accountant in an organisation
- Double entry
- Verification of accounting records
- Understanding and application of accounting concepts
- Preparation of final accounts for sole traders, partnerships and limited companies
- Investment appraisal
- Standard costing– comparison and evaluation of budgeted and actual figures
- Marginal Costing
- Accounting for organisations with incomplete records
- The impact of ethical considerations