Introduction to Financial Reporting

First year module

Lecturer: Nick Rowbottom

This module is designed to introduce students to financial reporting and the key financial statements used to provide information on the position, performance and liquidity of an entity.

This module:

  • provides students with a basic knowledge of, and exposure to, the content, structure and limitations of financial reports;
  • enables students to interpret and report on financial accounting information;
  • enables students to develop analytical skills through the study of accounting problems.

Learning Outcomes

On completion of this module the student should be able to: explain the need for the provision of accounting information; explain the framework within which financial performance is evaluated and reported in the UK; produce simple financial statements; discuss alternative valuation approaches; calculate financial ratios; discuss the information revealed in published profit and loss accounts, balance sheets and cash flow statements; describe the various different sources of finance available to business ventures in general and limited companies in particular.


  • 2 hr written examination 100%