Module: Financial Accounting for Decision Making

Module Specifications..

Current Academic Year 2023 - 2024

Please note that this information is subject to change.

Module Title	Financial Accounting for Decision Making
Module Code	AC116
School	DCUBS
Module Co-ordinator	Semester 1: Caroline McGroary Semester 2: John D Nolan Autumn: Caroline McGroary
Module Teachers	Patrick Mulcahy Barbara Flood Caroline McMullan Margaret Mary O'Keeffe Caroline McGroary Vincent Tawiah John D Nolan
NFQ level	8	Credit Rating	5
Pre-requisite	None
Co-requisite	None
Compatibles	None
Incompatibles	None

Repeat examination

Description

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 analyse, understand, critically evaluate and use Financial Statements for decision making purposes.

Learning Outcomes

1. Define and outline the conceptual framework of accounting, including the objectives, characteristics, users, development of accounting rules and limitations of financial accounting information.
2. Describe how business transactions are reflected in the books of a business entity and show the impact of transactions on the Income Statement and Statement of Financial Position.
3. Prepare and analyse Statement of Cash Flows
4. Analyse and critically evaluate financial statements using accounting ratios and other data, and prepare a report based on the needs of the recipient
5. Explain the role of the financial accountant, management accountant, internal and external auditors.

*Type*	*Hours*	*Description*
Workload	Full-time hours per semester
Lecture	22	In class lecture
Seminars	4	Class seminars
Independent Study	99	No Description
Total Workload: 125

All module information is indicative and subject to change. For further information,students are advised to refer to the University's Marks and Standards and Programme Specific Regulations at: http://www.dcu.ie/registry/examinations/index.shtml

Indicative Content and Learning Activities

Financial accounting as an aid to decision making
Introduction to financial accounting; Financial accounting terms and concepts; impact of transactions on financial statements; profit v cash; preparation of statements of cash flow; calculation of financial ratios; analysis of financial information; use of information for decision making;

Assessment Breakdown
Continuous Assessment	20%	Examination Weight	80%

Type	Description	% of total	Assessment Date
Course Work Breakdown
Participation	engagement with Tenjen software	20%	n/a

Reassessment Requirement Type
Resit arrangements are explained by the following categories; 1 = A resit is available for all components of the module 2 = No resit is available for 100% continuous assessment module 3 = No resit is available for the continuous assessment component
This module is category 1

Indicative Reading List

McLaney, E & Atrill, P: 2018, Accounting and Finance an Introduction, 9th, 1-7, Pearson, Harlow, 9781292204482
R. Dyson: 2010, Accounting for Non-Accounting Students, 8th, Prentice Hall,
Leiwy, D. Perks, R.: 2013, Accounting Understanding and Practice, 4th, 1-6, McGraw Hill, Maidenhead, 1397800771391

Other Resources

39229, On-line, Tenjen, 2016, On Line Practice tool,

Programme or List of Programmes

BS	Bachelor of Business Studies
BSSA	Study Abroad (DCU Business School)
BSSAO	Study Abroad (DCU Business School)
EBC	BA in Global Business (Canada)
EBF	BA in Global Business (France)
EBG	BA in Global Business (Germany)
EBS	BA in Global Business (Spain)
EBT	BA in Global Business (USA)
ECSAO	Study Abroad (Engineering & Computing)
HMSA	Study Abroad (Humanities & Soc Science)
HMSAO	Study Abroad (Humanities & Soc Science)
SHSA	Study Abroad (Science & Health)
SHSAO	Study Abroad (Science & Health)
SMPB	Single Module Programme (Business)

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