course guide ba(hons) accounting and finance wolverhampton ...€¦ · responsibilities for...

Wolverhampton Business SchoolBA(Hons) Accounting and FinanceCourse Guide

2017-18September

About this guide

This is your course guide. It provides the basic but fundamental information about your course of study. Thisguide is yours for the duration of the course, we don’t re-issue it annually and if any information containedwithin were to change then we will write to you to explain so.

In particular, if any important aspects relating to your modules were to change then we will inform you inaccordance with the Code of Practice for the Management of Changes to Modules and Courses. The teachingand support teams which you will get to know over time will refer to this guide – it will be useful to you andwe advise you to make good use of it throughout your studies.

The Course Guide should be read in conjunction with the more general sources of information which relate toall students at the University. The Student Handbook is a very detailed reference point for all issues relating toyour studies which aren’t specific to just your particular course. You might also want to refer to the StudentCharter; the University’s Policies and Regulations and the University Assessment Handbook documents whichwill provide you with all of the information that we think you will need for your period of study here.

If you need additional information, or you simply want to discuss elements of any of these documents or otheraspects of your course, find that there is something you need to know, please contact your Faculty StudentServices:

Faculty Student Services

We can help with the administration and organisation of your time at University – from enrolment andmodule registration, tuition fee enquiries, attendance support, course management and lifecycle queries,extenuating circumstances, leave of absence, transfers and changes, assignment submission, SAMsappointments, assessment and result queries, right through to Graduation.

You can also come and talk to us for impartial advice and support if things are starting to go wrong and you’renot sure who else to talk to. The main thing to remember is that you are not alone. We see large numbers ofstudents over the course of a year on a variety of issues, so please don’t be afraid to approach us.

We are here to ensure that your transition into Higher Education is as smooth as possible. Normal officeopening hours are Monday-Friday 08:45-17:00.

You can contact us through the e:vision help desk, by phone or in person or by e-mail:

Faculty of SocialSciences

The Lord Paul Swraj Building MU 202 (01902) 321789(01902) 321515

[email protected]

Help and Advice is alsoavailable from StudentSupport & Wellbeing…

Contact us at the Alan TuringBuilding MI 001 for all enquiries andreferrals… Services operate at allcampuses by appointment.

(01902) 321074(01902) 321070

[email protected]@wlv.ac.uk

Welcome from the Course Leader

On behalf of the teaching and support teams from BA(Hons) Accounting and Finance course, we would like toextend to you a very warm welcome to the University of Wolverhampton, and in particular your campus.

The Course is managed by a team of people ;

Level 4 Tutor Anna Korzhenistskaya

Level 5 Tutor Duncan Walker

Level 6 Tutor Michael Smith

Responsibilities for Timetabling .Careers and Liaison with Professional Accounting Bodies : Lisa Mckeown

The successes which you will achieve whilst at the University are based upon a partnership between theexpertise and support from the staff here and the effort you put into learning. We welcome students who areeager to think for themselves, to take control of their own learning and who are ready to get involved indeveloping the skills required in a highly competitive job market. Make the most of the wide range ofopportunities available to you.

Studying at University can be difficult, and for many of you the transition into University life will bechallenging. However we will support you throughout your course, particularly whilst you develop into anindependent learner over the course of your first year with us.

We believe it is important that you are encouraged to make your own contribution to the effective operationand development of your chosen course. We hope that you might consider acting as a Course Representativeduring some of your time with us to help the University continue to improve your experience.

I would like to wish you every success with your studies. We look forward to working with you and hope thatyou enjoy your time with us.

Anna Korzhenitskaya, Duncan Walker, Michael Smith, Lisa Mckeown

Course Management and Staff Involvement

RoleRole NameName SpecialismSpecialism eMaileMail Tel. Ext.Tel. Ext. RoomRoom

Head of Department Mr Andrew Groves [email protected] 3775 MN115

Course Leader Mrs Lisa Mckeown Financial Accounting [email protected] 3637 MN208

Educational Aims of the Course

This award has been designed to give you an excellent start as an accountant, financier, banker or a financiallyliterate business person. You will gain not only a wide-range of accounting based skills which will beattractive to employers, both inside and outside the accountancy profession but will also develop yourpersonal skills through academic challenge . This programme has been designed specifically to provide asignificant amount of exemptions from accounting professional body examinations. It will also providetraining in the use of accounting software, development of research skills and academic and report writingand further academic and business skills which will enable you to better adapt to the rapidly changingenvironment of work and social life.

This award is not only suitable for those who wish to become accountants but also provides enhancedexposure to accounting, finance and business knowledge and skills which are relevant in the fields ofbanking, finance, financial services and business management.

The degree can also be used as the basis for postgraduate study in the area of finance and general businessmanagement for example the Business School has a Professional Masters in Finance and Accounting whichdovetails in with the knowledge and skills obtained on this programme.

What makes this programme distinctive?

This course is designed to obtain a high level of exemption from professional body examinations, andtherefore give you a fast track towards becoming a professional accountant. The course is also designed tomake you attractive to prospective employers as you will already have achieved a substantial part of the

required knowledge and skills required by accountants as well as practical skills such as knowledge and useof Sagesoft accounting package, the ability to problem solve, work in groups, research and use researchmethods and work independently. This is a dedicated award which has modules which are designed purelywith your needs as a student of accounting and finance in mind as a consequence many (but not all) of themodules are populated by Accounting and finance students alone.

Course Structure

September (Full-Time)September (Full-Time)

ModuleModule TitleTitle CreditsCredits PeriodPeriod TypeType Module LeaderModule Leader

4AC011 Professional Skills For Accountants 20 SEM1 Core Inya Egbe

4LW016 Business Law 20 SEM1 Core Karolina Norris

4AC009 Economics for Accounting and Finance 20 SEM1 Core Chiara Paola Donegani

4AC010 Financial Accounting Principles 20 SEM2 Core Michael Smith

4AC007 Costing 20 SEM2 Core Duncan Walker

4FC001 Quantitative Analysis for Economics and Finance 20 SEM2 Core Anna Korzhenitskaya

5AC003 Management Accounting: Decision MakingTechniques

20 SEM1 Core Duncan Walker

5AC006 Financial Reporting 20 SEM1 Core Fatawu Bakare

5AC009 Digital Accounting 20 SEM1 Core Lisa Mckeown

5AC001 Budgeting and Financial Control 20 SEM2 Core Robin Lowbridge

5FC001 Introduction to Financial Economics 20 SEM2 Core Arsalan Tauqir Khawaja

5AC004 Taxation of Individuals 20 SEM2 Core Lisa Mckeown

6AC002 Auditing 20 SEM1 Core Duncan Walker

6AC003 Business Taxation 20 SEM1 Core Michael Smith

6FC001 Corporate and Behavioural Finance 20 SEM1 Core Inya Egbe

6AC008 Topics in Accounting and Finance (ProjectModule)

20 SEM2 Core Duncan Walker

6AC004 Strategic Management Accounting and Control 20 SEM2 Core Robin Lowbridge

6AC001 Advanced Financial Reporting 20 SEM2 Core Fatawu Bakare

Course Learning Outcomes

Learning OutcomeLearning Outcome Contributing ModulesContributing Modules

CertHE Course Learning Outcome 1 CertHE Course Learning Outcome 1 (CHECLO1)(CHECLO1)

Construct, using paper based methods, a limitedrange of accounting and financial informationuseful to the management of organisations.

4AC007 Costing4AC009 Economics for Accounting and Finance4AC010 Financial Accounting Principles4FC001 Quantitative Analysis for Economics and Finance


Describe financial and non financial accounting

4AC007 Costing4AC009 Economics for Accounting and Finance4AC010 Financial Accounting Principles

information and state how this can be used toprovide solutions to accounting and financialissues and problems.

4FC001 Quantitative Analysis for Economics and Finance4LW016 Business Law


Communicate a limited range of financial and nonfinancial information , ideas, problems andsolutions to both specialist and non specialistaudience.

4AC007 Costing4AC010 Financial Accounting Principles4AC011 Professional Skills For Accountants4FC001 Quantitative Analysis for Economics and Finance4LW016 Business Law


Demonstrate the qualities and transferable skillsnecessary for employment requiring exercise ofsome personal responsibility.

4AC011 Professional Skills For Accountants


Have the learning ability to undertake furthertraining as an accounting or finance professional.

4AC007 Costing4AC009 Economics for Accounting and Finance4AC010 Financial Accounting Principles4AC011 Professional Skills For Accountants4FC001 Quantitative Analysis for Economics and Finance4LW016 Business Law

DipHE Course Learning Outcome 1 DipHE Course Learning Outcome 1 (DHECLO1)(DHECLO1)

Construct, using digital and other methods, arange of accounting and financial informationuseful to the management of organisations.

5AC001 Budgeting and Financial Control5AC003 Management Accounting: Decision Making Techniques5AC004 Taxation of Individuals5AC006 Financial Reporting5AC009 Digital Accounting5FC001 Introduction to Financial Economics


Prepare financial and non-financial accountinginformation and demonstrate how this can beused to provide solutions to accounting andfinancial issues and problems.



Communicate financial and non-financialinformation , ideas, problems and solutions toboth specialist and non-specialist audience.



Demonstrate the qualities and transferable skillsnecessary for employment requiring the exerciseof some personal responsibility and decisionmaking.

5BU005 Supervised Work Experience



5AC001 Budgeting and Financial Control5AC003 Management Accounting: Decision Making Techniques5AC006 Financial Reporting5AC009 Digital Accounting5FC001 Introduction to Financial Economics

Ordinary Degree Course Learning Outcome 1Ordinary Degree Course Learning Outcome 1(ORDCLO1)(ORDCLO1)

Construct, using digital and other methods, a widerange of accounting and financial informationuseful to the management of organisations.

6AC001 Advanced Financial Reporting6AC002 Auditing6AC003 Business Taxation6AC004 Strategic Management Accounting and Control6FC001 Corporate and Behavioural Finance


Critically evaluate financial and non-financialaccounting information and use this evaluation to

6AC001 Advanced Financial Reporting6AC002 Auditing6AC003 Business Taxation6AC004 Strategic Management Accounting and Control

identify a solution, or range of solutions toaccounting and financial issues and problems.

6FC001 Corporate and Behavioural Finance


Communicate a wide range of financial and non-financial information, ideas, problems andsolutions to both specialist and non-specialistaudience.

6AC001 Advanced Financial Reporting6AC002 Auditing6AC003 Business Taxation6AC004 Strategic Management Accounting and Control6AC008 Topics in Accounting and Finance (Project Module)6FC001 Corporate and Behavioural Finance


Demonstrate the qualities and transferable skillsnecessary for employment requiring the exerciseof initiative, personal responsibility and decisionmaking.

6AC008 Topics in Accounting and Finance (Project Module)




Honours Degree Course Learning Outcome 1Honours Degree Course Learning Outcome 1(DEGCLO1)(DEGCLO1)

Construct, using digital and other methods, a widerange of accounting and financial informationuseful to the management of organisations.



Critically evaluate financial and non-financialaccounting information and use this evaluation toidentify a solution, or range of solutions toaccounting and financial issues and problems.



Communicate a wide range of financial and non-financial information, ideas, problems andsolutions to both specialist and non-specialistaudience.



Demonstrate the qualities and transferable skillsnecessary for employment requiring the exerciseof initiative, personal responsibility and decisionmaking.

6AC008 Topics in Accounting and Finance (Project Module)




PSRB

AC003H01UV (Full-time)

Professional Accreditation Body:Association of International Accountants (AIA)

Accrediting Body:Association of International Accountants (AIA)

Accreditation Statement:Accredited by the Association of International Accountants (AIA) for the purpose of exemption from someprofessional examinations.

ApprovedApproved StartStart Expected EndExpected End RenewalRenewal

01/Jan/2012 31/Dec/2019 31/Dec/2019

AC003H31UV (Part-Time)

Professional Accreditation Body:Association of International Accountants (AIA)

Accrediting Body:Association of International Accountants (AIA)

Accreditation Statement:Accredited by the Association of International Accountants (AIA) for the purpose of exemption from someprofessional examinations.

ApprovedApproved StartStart Expected EndExpected End RenewalRenewal

01/Jan/2012 31/Dec/2019 31/Dec/2019

Employability in the Curriculum

This award provides enhanced employment opportunities in the financial sector. Specifically through itsexemptions from the CIMA,ACCA, CIMA and ICAEW qualifications it provides a fast route to gainingprofessional accountancy qualification. These accountancy qualifications are internationally recognised andso a career in accountancy will enable successful students to broaden their careers onto the internationalstage. The BA(Hons) Accounting and Finance award will also enhance the opportunities of successfulstudents in the fields of banking, finance, financial services and business management, by providing anenhanced exposure to accounting, finance and business knowledge and skills.

The degree can also be used as the basis for postgraduate study in the area of finance and general businessmanagement for example the Business School has a Professional Masters in Finance and Accounting whichdovetails in with the knowledge and skills obtained on this programme.

Teaching, Learning and Assessment

Students will have the opportunity to develop a range of employability skills and gain detailed knowledge ofaccounting and financial business through the curriculum. Work related learning in which learning iscontextualised and applied to real-life scenarios will ensure that students are encouraged to apply their skillsand enhance their employability or career potential.

In terms of the three graduate attributes, these will be addressed through the delivery of specific modules.Each of the graduate attributes is considered below:

1. Digitally literate

This is addressed through the adoption of the blended learning entitlements identified in Section 11 below, as

applied to modules forming the course structure and summarised in Section 15.

ePDP development: 4AC011

The award will also enable students to use and understand the Sage accounting software, Microsoft Excel andSPSS.

A number of modules use the CANVAS Forum (Course Café) for interactive on-line discussion involving staffand students:

CANVAS discussion: 5AC004, 5AC001,

A number of modules will also require extensive use of databases such as Hemscott Company Guru as wellfinancial websites such as Yahoo Finance, FT.com, and other financial web-sites.

2. Knowledgeable and enterprising

All of the modules contribute to the acquisition and enhancement of knowledge, allowing students to meet thecourse learning outcomes. Professional Skills for Accountants (4AC011) is specifically designed to develop instudents a set of study skills which facilitate business and entrepreneurial learning styles.

3. Global citizens

Accounting and finance is inherently global in nature, the standardisation and globalisation of accountingstandards and the twenty-four trading in the financial sector have made the accounting and finance businessworld truly international in focus. This focus can most clearly be seen in the specifically financial accountingand finance modules.

Learning and Teaching Methods

This data indicates the proportion of time in each year of study that students can expect to engage in thefollowing activities (expressed as a percentage for each level).

LevelLevel TeachingTeaching IndependentIndependent PlacementPlacement

4 24 76 0

5 24 76 0

6 24 76 0

Assessment Methods

This data indicates the proportion of summative assessment in each year of study that will derive from thefollowing: (expressed as a percentage for each level).

LevelLevel Written ExamsWritten Exams Practical ExamsPractical Exams CourseworkCoursework

4 77 0 23

5 95 0 5

6 83 0 17

Reference Points

Accounting Professional Body requirements (ACCA , CIMA, ICAEW and CIPFA)

QAA Finance Subject Benchmark 2016

QAA Accounting Subject Benchmark 2016

UWBS Assessment handbook

QAA level descriptors in the Framework for Higher Education Qualifications.

Academic Regulations Exemptions

None

Support with your studies

University Learning Centres are the key source of academic information for students providing access to:

Physical library resources (books, journal, DVDs etc.)Study areas to allow students to study in the environment that suits them best: Social areas, quiet andsilent areas.A wide range of online information sources, including eBooks, e-journals and subject databasesAcademic skills support via the Skills for Learning programmeStudents on campus can attend workshops or ask for one-to-one help on a range of skills such asacademic writing and referencing.Dedicated Subject Pages to enable you to explore key online information sources that are recommendedfor their studies.Physical access to local libraries both in UK and overseas via SCONUL and WorldCat agreements

We also strongly advise you to download to “MyWLV” student app. MyWLV is a single point of personalisedaccess to the variety of systems the University offers. This includes pulling through relevant information (e.g.deadlines, timetables) and linking to underlying systems.

Course Specific Support

There are a number of levels of support available for learning.

Each student will be allocated a personal tutor. Personal tutors maintain regular communication (virtualand/or face-to-face) with each of their designated tutees. Follow up meetings are arranged with students whoare not making satisfactory progress or who are at risk of withdrawal. Personal tutors assist students in theirpersonal and academic development, planning and progression. As well as offer students advice and guidanceto help students liaise with other staff and support facilities in their school and the University, includingstudy skills support.

Course leader will monitor the academic and experiential quality of the Course through Award Boards, focusgroups and other channels. Course leader also supports and direct students proactively on the Course, bothcollectively and individually, and respond to inquiries and requests from students with regard to the academicprogramme of study.

The Faculty Enabling Tutor liaises with the Student Enabling Centre (SEC) regarding provision for specificdisabled students & disseminates information from the SEC on the needs of specific disabled students. TheFaculty Enabling Tutor also monitor requests for, and provision of, specific examination and assessmentarrangements, publicise SNT ‘surgery’ arrangements and make available time to meet with individual disabledstudents to enable them to discuss their own school-specific disability issues where necessary. The tutortakes a pro-active role in monitoring the welfare and academic progress of disabled students within theschool.

In-class semester assessments are arranged by the Module tutor. The Module tutor will, where appropriate,ensure that any arrangements made for students requiring special consideration will be checked by theUniversity Student Enabling Centre to ensure fairness and equability, and that the provisions of the UniversityEqual Opportunities policy are met. These arrangements will apply to those students who have identifiedspecial learning requirements.

Members of the Learning Centres are invited to speak to students about accessing printed and electronicresources. They are also available in the Learning Centres to help students’ research.

Each module also provides an extensive reading list and suggestions for web-based and other electronicresources. The University intranet system is widely used in all modules for a variety of pedagogical and morepractical purposes relating to the dissemination of information and the submission of student work. Activitiesprovided on CANVAS by academic staff are done with the help of technical staff.

Contact Hours

In higher education, the term ‘contact hours’ is used very broadly, to refer to the amount of time that youspend learning in contact with teaching or associated staff, when studying for a particular course.

This time provides you with the support in developing your subject knowledge and skills, and opportunitiesto develop and reflect on your own, independent learning. Contact time can take a wide variety of formsdepending on your subject, as well as where and how you are studying. Some of the most common examplesare:

lecturesseminarstutorialsproject supervisionsdemonstrationspractical classes and workshopssupervised time in a studio/workshopfieldworkexternal visitswork-based learning (including placements)scheduled virtual interaction with tutor such as on line, skype, telephone

In UK higher education, you as the student take primary responsibility for your own learning. In this context,contact time with teaching and associated staff is there to help shape and guide your studies. It may be usedto introduce new ideas and equip you with certain knowledge or skills, demonstrate practical skills for you topractise independently, offer guidance on project work, or to provide personalised feedback.

Alongside contact time, private or independent study is therefore very significant. This is the time that youspend learning without direct supervision from, or contact with, a member of staff. It might includebackground reading, preparation for seminars or tutorials, follow-up work, wider practice, the completion ofassignments, revision, and so on.

Course Specific Health and Safety Issues

There are no Course specific Course Health and Safety Issues

Course Fact File

Hierarchy of Awards:Hierarchy of Awards: Bachelor of Arts with Honours Accounting and Finance Bachelor of Arts Accounting and Finance Diploma of Higher Education Accounting Certificate of Higher Education Accounting University Statement of Credit University Statement of Credit

Course Codes:Course Codes: AC003H01UV Full-time 3 YearsAC003H31UV Part-Time 6 Years

Awarding Body / Institution:Awarding Body / Institution: University of Wolverhampton

School / Institute:School / Institute: Wolverhampton Business School

Category of Partnership:Category of Partnership: Not delivered in partnership

Location of Delivery:Location of Delivery: University of Wolverhampton

Teaching Institution:Teaching Institution: University of Wolverhampton

Published: 07-Sep-2017 by Robin Lowbridge

course guide ba(hons) accounting and finance wolverhampton ...€¦ · responsibilities for...

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