AFM3102 : Corporate Reporting, Data and Assurance
AFM3102 : Corporate Reporting, Data and Assurance
- Offered for Year: 2026/27
- Module Leader(s): Mrs Joanne Parker
- Lecturer: Mr Aidan Beck
- 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 1 Credit Value: | 15 |
| Semester 2 Credit Value: | 15 |
| ECTS Credits: | 15.0 |
| European Credit Transfer System | |
Pre-requisite
Modules you must have done previously to study this module
Pre Requisite Comment
Available to students on NN14/NN49 only.
Co-Requisite
Modules you need to take at the same time
Co Requisite Comment
N/A
Aims
• To enable students to prepare consolidated financial statements, and extracts from single entity and group financial statements, covering a wide range of IFRS® Accounting Standards.
• Students will also be required to explain the application of IFRS® Accounting Standards to specified single entity and group scenarios.
• To develop students’ understanding of the critical aspects of managing an assurance engagement (including audit engagements): planning, performing, concluding and reporting.
• To enable students to use their data analytic skills to interrogate the data and identify areas of concern or items which warrant further investigation.
• Students will be able to understand and advise on professional and ethical issues relevant to corporate reporting, data and assurance.
Outline Of Syllabus
• Single Entity Financial Statements (15 – 25%)
• Consolidated Financial Statements (25-35%)
• Planning and performance on assurance engagements (25-35%)
• Concluding and reporting on assurance engagements (15-20%)
Learning Outcomes
Intended Knowledge Outcomes
• identify the circumstances in which entities are required to present consolidated financial statements;
• prepare and present consolidated financial statements in conformity with IFRS® Accounting Standards;
• explain the application of IFRS® Accounting Standards and IFRS® Sustainability Standards to specified single entity and group scenarios
Intended Skill Outcomes
• analyse and interpret financial and non-financial information to identify significant features, inconsistencies, limitations and draw conclusions;
• advise on the legal, professional and ethical issues relevant to those preparing financial statements and/or carrying out an assurance engagement;
• plan and perform assurance engagements in accordance with international auditing and assurance pronouncements; and
• conclude and report on assurance engagements in accordance with international auditing and assurance pronouncements.
Teaching Methods
Teaching Activities
| Category | Activity | Number | Length | Student Hours | Comment |
|---|---|---|---|---|---|
| Guided Independent Study | Assessment preparation and completion | 117 | 1:00 | 117:00 | N/A |
| Scheduled Learning And Teaching Activities | Lecture | 30 | 2:00 | 60:00 | N/A |
| Scheduled Learning And Teaching Activities | Small group teaching | 6 | 1:00 | 6:00 | N/A |
| Guided Independent Study | Independent study | 117 | 1:00 | 117:00 | N/A |
| Total | 300:00 |
Teaching Rationale And Relationship
Structured lecture material is used to provide the basic framework, demonstrate techniques and explain concepts and theory. Some lectures will include worked examples to develop problem-solving and technical skills which students can then practice. These are supported by small group seminars, student reading of texts and directed learning where students can practice questions to help them prepare for the final assessment.
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 | 180 | 2 | A | 100 | Organised in house by NUBS in BAF Assessment Period. |
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 |
|---|---|---|---|
| Digital Examination | 2 | M | Mock exam |
Assessment Rationale And Relationship
The only summative assessment for this module will be an end of year examination. An unseen examination provides the most satisfactory and reliable way of testing technical accounting knowledge, understanding and application. It also meets the ICAEW’s requirements for recognition.
Students will have the opportunity to gain feedback on progress through undertaking worked examples in class, for homework and in seminars.
There are no alternative assessments. Accreditation requires in-person invigilated assessments by virtue of this module forming part of the ICAEW "Golden Four" assessments. The exam must be sat using ICAEW software.
Timetable
- Timetable Website: www.ncl.ac.uk/timetable/
- AFM3102's Timetable
Past Exam Papers
- Exam Papers Online : www.ncl.ac.uk/exam.papers/
- AFM3102's past Exam Papers
General Notes
N/A
Welcome to Newcastle University Module Catalogue
This is where you will be able to find all key information about modules on your programme of study. It will help you make an informed decision on the options available to you within your programme.
You may have some queries about the modules available to you. Your school office will be able to signpost you to someone who will support you with any queries.
Disclaimer
The information contained within the Module Catalogue relates to the 2026 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 2027/28 entry will be published here in early-April 2027. Queries about information in the Module Catalogue should in the first instance be addressed to your School Office.