- UCAS course code
- N201
- UCAS institution code
- M20
Bachelor of Science (BSc)
BSc Management
Build a strong foundation in management, preparing for leadership roles in a range of sectors.
- Typical A-level offer: AAA
- Typical contextual A-level offer: ABB
- UK refugee/care-experienced offer: BBB
- Typical International Baccalaureate offer: 36 points overall with 6,6,6 at HL
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Course unit details:
Fundamentals of Financial Reporting
| Unit code | BMAN10621M |
|---|---|
| Credit rating | 10 |
| Unit level | Level 1 |
| Teaching period(s) | Semester 1 |
| Offered by | Alliance Manchester Business School |
| Available as a free choice unit? | No |
Overview
Topics studied are as follows:
• Introduction to Financial Reporting concepts
• The statement of financial position
• The income statement
• The cash flow statement
• Ratio analysis and analytical review
• Corporate Governance
Pre/co-requisites
This course is restricted to students on BSc Management, BSc Management specialisms, BSc IM and BSc ITMB.
Aims
This course aims to introduce students to the fundamental concepts, principles and techniques of financial accounting and reporting for students who are not specialists in accounting. It takes a conceptual and practical approach which emphasises general principles and methods in order to allow these concepts to be applied to specific problems and issues in accounting and the wider business/social environment. The course assumes no background knowledge in accounting.
Learning outcomes
By the end of the course, you should be able to:
- Discuss the conceptual framework of financial reporting which enables accounting information to be useful for decision-making purposes.
- Identify and explain the different forms of business in the UK, particularly their legal and financial reporting requirements.
- Explain and apply the accounting principles, conventions and concepts when preparing non-complex income statements, statements of financial position and cash flow statements.
- Explain and apply the difference between cash and profit as well as the book value and market value of companies.
- Analyse and interpret the financial statements of a company using ratio analysis and show commercial awareness of the relative significance of non-financial reported information.
- Discuss and evaluate the importance of corporate governance and contemporary
Teaching and learning methods
Lecture hours: 22
Workshop hours: 5 x 1 hour workshops in weeks 4, 7, 9, 10 & 11
Independent: 72 hours
Total study hours: 100 hours split between lectures, classes, self-study and preparation for classes, coursework and examinations.
Note: Independent study includes reading, preparation for classes, homework, completion of practice quizzes and preparation for assessments.
Informal contact methods
- Office Hours
- Online Learning Activities (blogs, discussions, self assessment questions)
Assessment methods
Online assessment 20%
Closed-book examination 80%
Feedback methods
• Informal advice and discussion during a lecture or workshop.
• Immediate feedback on online-coursework.
• Online exercises and quizzes delivered through the Canvas course space.
• Responses to student emails and questions from a member of staff including feedback provided to a group via an online discussion forum.
• Generic feedback posted on Canvas regarding overall examination performance.
Recommended reading
Core Textbook
Atrill & McLaney, Financial Accounting for Decision Makers, 7th edition.
Supplementary reading: financial press (e.g. Financial Times), Accountancy magazine & any plc annual financial statements
Study hours
| Scheduled activity hours | |
|---|---|
| Assessment practical exam | 2 |
| Assessment written exam | 2 |
| Lectures | 22 |
| Practical classes & workshops | 5 |
| Independent study hours | |
|---|---|
| Independent study | 69 |
Teaching staff
| Staff member | Role |
|---|---|
| Nooch Kuasirikun | Unit coordinator |
Additional notes
Other Teaching Staff: To be confirmed
Pre-requisites: None
Co-requisites: None
Dependent course units:
BMAN10632/10632(M) Fundamentals of Management Accounting
BMAN21020 Financial Reporting & Accountability
BMAN20081 Financial Statement Analysis - BMAN10522/10522(M) Financial Decision Making is also required as a pre-requisite with BMAN10621(A), (B) or (M) Fundamentals of Financial Reporting.
Programme Restrictions: This course is compulsory for BSc Management, BSc Management Specialisms, BSc International Management and BSc ITMB.
Fees and funding
Fees
Tuition fees for home students commencing their studies in September 2027 will be £10,050 per annum. Tuition fees for international students will be £35,300 per annum.
For general information please see the undergraduate finance pages.
Additional expenses
All students should normally be able to complete their programme of study without incurring additional study costs over and above the tuition fee for that programme.
Policy on additional costs
All students should normally be able to complete their programme of study without incurring additional study costs over and above the tuition fee for that programme. Any unavoidable additional compulsory costs totalling more than 1% of the annual home undergraduate fee per annum, regardless of whether the programme in question is undergraduate or postgraduate taught, will be made clear to you at the point of application. Further information can be found in the University's Policy on additional costs incurred by students on undergraduate and postgraduate taught programmes (PDF document, 91KB).
Scholarships/sponsorships
We know that student finance can be complicated. The links below provide further information to help guide you.
Learn more about student finance options for UK students.
Learn more about fees and finance for international students.
As an international student you may be eligible for our Global Futures Scholarships . This is open to students starting their studies in September 2027.
Regulated by the Office for Students
The University of Manchester is regulated by the Office for Students (OfS). The OfS aims to help students succeed in Higher Education by ensuring they receive excellent information and guidance, get high quality education that prepares them for the future and by protecting their interests. More information can be found at the OfS website.
You can find regulations and policies relating to student life at The University of Manchester, including our Degree Regulations and Complaints Procedure, on our regulations website.
