ACC1000 : Introduction to Non-Specialist Accounting and Finance
ACC1000 : Introduction to Non-Specialist Accounting and Finance
- Offered for Year: 2025/26
- Module Leader(s): Mr Aidan Beck
- Co-Module Leader: Mr Stephen Rodgers
- Lecturer: Dr Neveen Abdelrehim
- Owning School: Newcastle University Business School
- Teaching Location: Newcastle City Campus
Semesters
Your programme is made up of credits, the total differs on programme to programme.
| Semester 2 Credit Value: | 20 |
| ECTS Credits: | 10.0 |
| European Credit Transfer System | |
Pre-requisite
Modules you must have done previously to study this module
Pre Requisite Comment
GCSE Mathematics Grade 6 (or equivalent)
Co-Requisite
Modules you need to take at the same time
Co Requisite Comment
N/A
Aims
To provide an introduction to key concepts, terminology and knowledge in accounting and finance to facilitate career development in business rather than to lead to further accounting studies.
Outline Of Syllabus
1. Introduction to accounting and finance
2. Introduction to key financial accounting concepts
3. Measuring and reporting financial performance and position for limited companies
4. Accounting for key business transactions for limited companies
5. Sustainability within financial reporting
6. Analysing and interpreting financial statements
7. Investment appraisal
8. Pricing
9. Business planning and the role of the accountant
10. Budget preparation and types of budget
11. Cost-volume-profit analysis
12. Sustainability within management accounting
Learning Outcomes
Intended Knowledge Outcomes
By the end of the module students should be able to:
1. Develop an understanding of key accounting concepts involved in the preparation of financial statements.
2. Recognise and utilise the key techniques for interpreting financial statements.
3. Analyse management accounting and investment appraisal techniques and understand their purposes within the contexts of planning, decision making and control.
4. Evaluate the concepts of budgeting and short term decision making.
Intended Skill Outcomes
By the end of the module students should be able to:
5. Critically assess and interpret financial information.
6. Analyse and prepare management accounting information.
Teaching Methods
Teaching Activities
| Category | Activity | Number | Length | Student Hours | Comment |
|---|---|---|---|---|---|
| Guided Independent Study | Assessment preparation and completion | 1 | 60:00 | 60:00 | N/A |
| Scheduled Learning And Teaching Activities | Lecture | 18 | 1:30 | 27:00 | N/A |
| Guided Independent Study | Directed research and reading | 1 | 67:00 | 67:00 | N/A |
| Scheduled Learning And Teaching Activities | Small group teaching | 6 | 1:00 | 6:00 | PiP Seminars |
| Guided Independent Study | Independent study | 1 | 40:00 | 40:00 | N/A |
| Total | 200:00 |
Teaching Rationale And Relationship
Lectures are the main mode of delivery for the module and introduce the course material to students. Students are given a programme of required reading to supplement the lecture materials and are encouraged to attempt questions as well as reading around subjects as widely as possible. The seminar sessions consolidate the course material by allowing students to tackle problems in a small group environment, where the seminar leader is available to provide explanations and give extra help as required. The seminar sessions are designed to encourage discussion around key concepts.
Reading Lists
Assessment Methods
The format of resits will be determined by the Board of Examiners
Exams
| Description | Length | Semester | When Set | Percentage | Comment |
|---|---|---|---|---|---|
| Digital Examination | 120 | 2 | A | 100 | N/A |
Exam Pairings
| Module Code | Module Title | Semester | Comment |
|---|---|---|---|
| Introduction to Accounting and Finance | 2 | Exam pairing is for semester 2 |
Formative Assessments
Formative Assessment is an assessment which develops your skills in being assessed, allows for you to receive feedback, and prepares you for being assessed. However, it does not count to your final mark.
| Description | Semester | When Set | Comment |
|---|---|---|---|
| Prob solv exercises | 2 | M | Seminar questions provided |
| Computer assessment | 2 | M | Progress test |
Assessment Rationale And Relationship
The assessment is a 2 hour unseen digital examination at the end of semester two. It tests students' knowledge of key business topics from the accounting and finance perspective and the ability to critically assess and interpret financial and management accounting information.
Timetable
- Timetable Website: www.ncl.ac.uk/timetable/
- ACC1000's Timetable
Past Exam Papers
- Exam Papers Online : www.ncl.ac.uk/exam.papers/
- ACC1000's past Exam Papers
General Notes
N/A
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Disclaimer
The information contained within the Module Catalogue relates to the 2025 academic year.
In accordance with University Terms and Conditions, the University makes all reasonable efforts to deliver the modules as described.
Modules may be amended on an annual basis to take account of changing staff expertise, developments in the discipline, the requirements of external bodies and partners, staffing changes, and student feedback. Module information for the 2026/27 entry will be published here in early-April 2026. Queries about information in the Module Catalogue should in the first instance be addressed to your School Office.