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Module Specifications..

Current Academic Year 2023 - 2024

Please note that this information is subject to change.

Module Title Accounting 2
Module Code EF316
School DCUBS
Module Co-ordinatorSemester 1: Patrick Mulcahy
Semester 2: Patrick Mulcahy
Autumn: Patrick Mulcahy
Module TeachersPatrick Mulcahy
Thomas McCluskey
Niall O'Brien
NFQ level 8 Credit Rating 7.5
Pre-requisite None
Co-requisite None
Compatibles None
Incompatibles None
Repeat examination

The primary objective of this module is to familiarize students with the principle features of securities and securities markets and the investment strategies used by market participants. A key feature of this module is the setting of investment activity within the system of taxation. This objective is consistent with the dual needs of preparing students for the examinations of the Institute of Actuaries and for a career development in Banking and Investment Management.

Learning Outcomes

1. Interpret the accounts and financial statements of companies and financial institutions
2. Provide a basic understanding of corporate finance including a knowledge of the instruments used by companies to raise finance and manage risk
3. Appreciate how companies are governed and regulated within an EU and Irish context.
4. Develop a practical knowledge the Irish Income Tax, Capital Gains Tax and Corporation Tax systems.
5. Appreciate the interaction between tax and corporate finance from an ethical perspective

Workload Full-time hours per semester
Type Hours Description
Lecture36No Description
Total Workload: 36

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

1. Corporate governance and organisation
1.1. Explain the purpose and process of regulating the financial reporting information of incorporated entities; 1.2. Describe the key principles of corporate governance and the regulation of companies; 1.3. Demonstrate awareness of the key principles of finance

2. How corporates are financed
2.1. Describe the structure of a company and the different methods by which it may be financed; 2.2. Describe the basic principles of personal and corporate taxations; 2.3. Demonstrate a knowledge and understanding of the characteristics of the principal forms of financial instrument issued or used by companies and the ways in which they may be issued; 2.4. Discuss the factors to be considered by a company when deciding on its capital structure and dividend policy; 2.5. Discuss how companies grow and the different ways of company restructuring; 2.6. Outlining the motives for merger and acquisition.

3. Evaluating projects
3.1. Discuss how a company's cost of capital interacts with the nature of the investment projects it undertakes.

Taxation regulation
Understand how regulations in relation to income tax, capital gains tax and corporate tax operate in Ireland

Assessment Breakdown
Continuous Assessment20% Examination Weight80%
Course Work Breakdown
TypeDescription% of totalAssessment Date
In Class Testn/a20%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

  • 2020: Brealey, R.A. and Myers, S.C., Principles of Corporate Finance, 13th ed, McGrawHill,, 0
  • 2022: Irish Taxation Law and Practice, 2022,
Other Resources

Programme or List of Programmes
ACMBSc in Actuarial Mathematics
Date of Last Revision19-MAY-09

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