Financial Reporting

Welcome to this Level 6 module: Financial Reporting! This is a core module for the BA (Hons) Accounting and Finance, which is an ACCA-accredited course.

• Introduction to regulation of financial reporting.

 

• Conceptual framework

 

• Ethics and Integrated Reporting

 

• Operating segments IFRS

 

• Ratio analysis

 

• IAS 33: Earnings per share

 

• Accounting for Leases

 

• Income and asset value measurement systems

 

• Group accounts

 

• Accounting for associated companies

 

• IAS 38: Intangible assets

 

• IAS 21: The Effects of Changes in Foreign Exchange Rates

 

• IFRS 9: Financial instruments

 

• IFRS 5: Non-Current Assets Held for Sale and Discontinued Operations

 

• Specialised not-for-profit and public sector entities

• To equip students with the skills to propose appropriate solutions to a range of financial accounting problems

 

• To appraise critically the international approach to financial reporting. To analyse company performance from financial reports

Teaching at UWL during the academic year 2021-22 will be conducted using the UWL Flex model and may involve a range of on site and online teaching and learning activities. Whether you are engaging with teaching and learning activities on site or via the UWL Virtual Learning Environment (VLE), we expect the same level of commitment and engagement from you. If you are unable to attend scheduled on site or online activities or complete activities in the time frames set out, you should let your tutors know. You should aim to stick to assessment deadlines; if you are concerned that you will not be able to complete your assessments on time, you should talk to your tutors. Your engagement, whether online or on site, will be tracked and if we see that you are not engaging, we will get in contact with you. However, we encourage you to let us know if you are having problems so we can work with you to find solutions and get you back on track as soon as possible. Give yourself the best possible chance to succeed by engaging with the full range of learning and teaching activities available to you.

 

All students should refer to the Attendance and Engagement Monitoring Policy particularly if your course is accredited by a professional body, or if you are an International student on a Tier-4 visa, or a  student on an Apprenticeship course which have additional requirements.

Aims of the module

The that there are times when you may encounter difficulties during your course of study and provisions are made to help you. If you think you will be unable to meet deadlines please talk to us, whether it’s your course/module leader, personal tutor or any member of staff, so they can get you the support you need to succeed. You can extend your deadline if you have a good reason why you are not able to submit a piece of coursework on time, apply online for an extension before your deadline. If an extension is not sufficient and circumstances beyond your control are preventing you from completing your assessment, then you can, apply online for mitigation.
You are encouraged to seek advice from the Students’ Union Advice Service; UWLSU support you with all aspects of your academic experience by providing advice and guidance to ensure you are fully informed of the academic regulations set out by the as well as being an advocate for student views.

 

You are expected to behave in line with UWL expectations, irrespective of whether your interactions with staff and other students are in person or online. As you will be engaging with others online and with a range of online materials, it is important to consider how to stay safe online and ensure your communications are secure and appropriate. If you have any questions about how to manage your online UWL activities, please contact your module leader.

 

If you have an issue about the module, you should speak to your Module Leader or Course Leader informally in the first instance. Your Course Representative can also raise your concerns at Course Committees, which take place each semester. If you are unable to resolve it informally, you should refer to the Complaints Procedure which is outlined in the student handbook and consult the Students’ Union about it. The aims to ensure that issues are resolved informally as quickly as possible to have minimum impact on your studies.

Throughout your course of study, you will have access to a wide variety of sources of support depending on your individual circumstances and needs. Your first point of call for getting general academic support is your Personal Tutor. As well as approaching your Module Leader with any questions specifically related to your module and your Course Leader with questions on your Course, do contact your Personal Tutor or Apprenticeship Support Link Tutor for academic advice in relation to your studies and your academic development.

 

Apart from the University-wide support framework, which encompasses the Module Leaders, Course Leader, the Subject Librarian, and your Course Administrator, you will also have at your disposal the Engagement Team. The Engagement Team offers One-to-One Academic Support opportunities helping you to develop skills relevant to your degree. Academic Skills Workshops throughout the year include the following:

 

• Essay Planning and Writing 

 

• Critical Thinking

 

• Reflective Writing

 

• Group Work and Presentation Skills.

Towards the end of the module you will be invited to provide some anonymous feedback to the Module Leader through an online survey. This is your opportunity to give some direct feedback about the module through a series of questions and free text. Your constructive feedback will help the Module Leader and teaching team to understand the module experience from your perspective and helps inform the development of the module. At the end of the survey period, a response to the survey will be available so that you can see exactly how your voice has been heard.