Prof Alnoor Bhimani OLD 3.08 and Prof Bjorn Jorgensen OLD 2.17

This course is available on the MSc in Law and Accounting. This course is not available as an outside option.

The course is intended for MSc in Law and Accounting who have not previously studied accounting to a significant extent.

This course provides students with an introduction to both management and financial accounting. The financial accounting component highlights aspects of reporting that are important to users of financial information. This includes frameworks of accounting regulation, the balance sheet, income statement and the cash flow statement, as well as an introduction to financial statement analysis. The management accounting component explores issues of accounting information and cost management, managerial decision making and performance measurement. It discusses also the interface between management accounting and technology, corporate strategy, e-business and marketing.

20 hours of lectures and 8 hours of seminars in the MT. 20 hours of lectures and 9 hours of seminars in the LT. 2 hours of lectures in the ST.

Students are expected to produce several pieces of written work, including accounting exercises, analyses of case studies, and essays. At least four pieces of written work will be collected for feedback during the course. Students are also required to participate actively in a variety of discussions and debates as part of the class activities.

Illustrative references include: Weetman P, Financial Accounting: an Introduction, Prentice Hall, 2011; Bhimani A, Strategic Finance, Strategy Press, 2012; Bhimani A, and Bromwich M, Management Accounting: Retrospect and Prospect, Elsevier/CIMA, 2009; Bhimani A, et al, Management and Cost Accounting, Pearson, 2015.

Exam (100%, duration: 3 hours and 15 minutes) in the main exam period.

The first 15 minutes of this is reading time.