ACC1012 : Professional Skills for Accounting and Finance
- Offered for Year: 2024/25
- Module Leader(s): Miss Melis Besen
- Co-Module Leader: Dr John Britnell
- Lecturer: Mr Philip Morey, Mr Aidan Beck, Mrs Joanne Parker
- 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: | 10 |
Semester 2 Credit Value: | 10 |
ECTS Credits: | 10.0 |
European Credit Transfer System |
Aims
To introduce N400/N401 students to a range of key skills that are vital for success as an Accounting and Finance professional. To introduce the mathematical and statistical techniques and concepts necessary in the field of Accounting and Finance.
Outline Of Syllabus
The key skills element and the mathematics/ statistical element will be taught concurrently.
Professional Skills:
- Introduction: Time management and study skills
- Team working
- Behavioural aspects of the successful professional
- Presentation and report writing skills
Mathematics:
- Basics of linear and non-linear equations
- Linear equations and non-linear equations
- Differentiation, partial differentiation and optimisation
- Descriptive statistics
- Basic probability and distribution
- Estimation and hypothesis testing
- Regression analysis
Teaching Methods
Teaching Activities
Category | Activity | Number | Length | Student Hours | Comment |
---|---|---|---|---|---|
Scheduled Learning And Teaching Activities | Lecture | 2 | 1:00 | 2:00 | PIP Professional skills lectures |
Scheduled Learning And Teaching Activities | Lecture | 20 | 1:00 | 20:00 | PIP maths lectures |
Guided Independent Study | Assessment preparation and completion | 1 | 45:00 | 45:00 | Maths assessment preparation and completion |
Guided Independent Study | Assessment preparation and completion | 1 | 57:00 | 57:00 | Professional skills assessment preparation and completion. |
Scheduled Learning And Teaching Activities | Small group teaching | 3 | 1:00 | 3:00 | PIP Maths seminars |
Scheduled Learning And Teaching Activities | Workshops | 3 | 1:00 | 3:00 | PIP Maths workshops |
Scheduled Learning And Teaching Activities | Workshops | 4 | 1:00 | 4:00 | PIP Professional Skills workshops |
Scheduled Learning And Teaching Activities | Drop-in/surgery | 1 | 1:00 | 1:00 | PiP - Professional skills pre-assessment drop in |
Guided Independent Study | Independent study | 1 | 65:00 | 65:00 | Maths independent study |
Total | 200:00 |
Teaching Rationale And Relationship
Professional skills sessions will be presented by academic staff with input from library colleagues.
Mathematics and statistics lectures will be presented by colleagues from the School of Maths, who will introduce concepts and techniques. Lectures will be supported by workshop and small group sessions where students will discuss and obtain feedback on their work on case studies designed to put into practice the material taught in lecture materials. Students will also be set weekly Maths practice questions with solutions that develop their ability to apply the key concepts of the module.
The maths element is jointly taught across ACC1012 (the N400 programme) and ACC1053 (the NN14 programme).
Assessment Methods
The format of resits will be determined by the Board of Examiners
Exams
Description | Length | Semester | When Set | Percentage | Comment |
---|---|---|---|---|---|
Written Examination | 120 | 2 | A | 50 | N/A |
Exam Pairings
Module Code | Module Title | Semester | Comment |
---|---|---|---|
Introductory Quantitative Methods and Principles of Taxation | 2 | Maths component of ACC1053 is paired with maths component of ACC1012 |
Other Assessment
Description | Semester | When Set | Percentage | Comment |
---|---|---|---|---|
Prof skill assessmnt | 1 | M | 30 | Group Presentation (10 minutes) and Group Report (maximum 2,500 words) |
Prof skill assessmnt | 1 | M | 10 | CBAs and case studies for a total of 10% of the module marks. |
Prof skill assessmnt | 2 | M | 10 | CBAs, case study and Minitab assignment for a total of 10% of the module mark. |
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 | 1 | M | For maths, students can sit practice mode CBAs and will be provided with practice questions. |
Prob solv exercises | 2 | M | For maths, students can sit practice mode CBAs and will be provided with practice questions. |
Prof skill assessmnt | 1 | M | Formative presentations for academic and peer to peer feedback (up to 10 minutes) |
Prof skill assessmnt | 1 | M | Written report for formative academic and peer to peer feedback (up to two sides A4). |
Assessment Rationale And Relationship
The formal mathematics examination and individual assignments will test the mathematics and statistical concepts and techniques introduced in the module.
The key professional skills will be assessed via a group report and a group presentation, relating to a business scenario. In this assessment students will therefore need to demonstrate team working, planning and organisation skills, as well as business awareness, numeracy and data interpretation/ analysis skills.
Self and peer review will take place after the report and presentations, and individuals will receive the group mark adjusted according to self and peer review i.e. their own and their team members' assessment of each other's contributions to report and presentation. Each team is to keep a log of its meetings, which should be handed in with the project itself. The Module Leader retains the right to adjust individual marks where it is deemed necessary in the interests of fairness, including the award of a zero mark for individual students who fail to participate and/or fail to contribute effectively to their group.
In the case of an alternative semester 2 assessment (worth 50% of the overall module mark) being necessary due to circumstances, the module leader will in the first instance consult with the DPD as to the requirements of the professional accrediting body to discuss possible acceptable alternatives.
Reading Lists
Timetable
- Timetable Website: www.ncl.ac.uk/timetable/
- ACC1012's Timetable