Principles of Accounting
| Code | School | Level | Credits | Semesters |
| BUSI4595 | Nottingham University Business School China | 4 | 10 | Autumn China |
- Code
- BUSI4595
- School
- Nottingham University Business School China
- Level
- 4
- Credits
- 10
- Semesters
- Autumn China
Summary
The roles of accounting in business and its link to global capital markets; International accounting harmonisation; Comparative international accounting; Financial statement analysis; Managerial accounting for planning and control; Discounted cash flow and valuation.
Target Students
Core module on MSc International Business programme
Classes
- One 1-hour seminar each week for 3 weeks
- One 2-hour lecture each week for 10 weeks
Assessment
- 100% Exam 1 (2-hour): 2 Hour Examination (100%)
Educational Aims
To provide course members with an appreciation of the roles and techniques of accounting in the context of international business reporting and management.Learning Outcomes
Knowledge and understanding: The dynamics of the global economy and international business &/or an awareness of cultural, legal/regulatory, political, and economic differences across countries &/or an appreciation of management issues from a global perspective.
Customers and stakeholders - customer expectations, service and orientation
Finance - the sources, uses and management of finance
The use of accounting and other information systems for managerial applications
The management of resources
The management of projects
Information systems and business intelligence - the development, management, application and implementation of information systems and their impact upon organisations
Communications – the comprehension and use of relevant communications for application in business and management, including the use of digital tools
Intellectual Skills: This module develops:
Being able to think critically and be creative: manage the creative processes in self and others; organise thoughts, analyse, synthesise and critically appraise. This includes the capability to identify assumptions, evaluate statements in terms of evidence, detect false logic or reasoning, identify implicit values, define terms adequately and generalise appropriately
Being able to solve complex problems and make decisions: establish criteria, using appropriate decision-making techniques including identifying, formulating and solving business problems; and the ability to create, identify and evaluate options; the ability to implement and review decisions
Using information and knowledge effectively in order to abstract meaning from information and to share knowledge, including the use of quantitative skills
Professional Practical Skills: This module develops:
The ability to conduct research and enquiry into business and management issues either individually or as part of a team through research design, the collection and analysis of qualitative data, synthesis and reporting
The ability to conduct research and enquiry into business and management issues either individually or as part of a team through research design, the collection and analysis of quantitative data, synthesis and reporting
Effective performance within team environments and the ability to recognise and utilise individuals' contributions in group processes and to negotiate and persuade or influence others; team selection, delegation, development and management.
Transferable (key) Skills: This module develops:
Effective communication: networking, listening, oral and written communication of complex ideas and arguments, using a range of media, including the preparation of business reports
High personal effectiveness: critical self-awareness, self-reflection and self-management; time management; conflict resolution, displaying commercial acumen, the ability to continue to learn through reflection on practice and experience
Soft skills: understanding the needs of others and empathy towards them; sensitivity to diversity in people and in different situations
Conveners
- Dr Lirong SHI