AC100 Summary & Questions contains 3 unique documents. One with a concise revision summary of the course content and two further documents that cover MT and LT exam questions. Total page count of 38 pages. This student achieved a very high 1st class honours with a raw mark of 90/100.
Financial accounting: role, nature, scope and limitations of accounting conventions. Regulatory accounting framework. Financial statements: construction, use and interpretation. Group accounting. Legal and economic considerations including elements of taxation. Extending the scope of financial reporting (eg, inflation accounting and reporting, approaches to equity maintenance etc).
Introduction to managerial accounting. The design, use and role of accounting information in the management of organisational activities. Costing and budgeting. The design and use of performance measurement systems.
Introduction to finance. The financial system and flow of funds. Introductory financial formulae. The financial decisions of firms, capital budgeting. The recent global financial turmoil.