Module Details

Module Code: MGMT7016
Title: Statistics & Accounting
Long Title: Statistics & Accounting
NFQ Level: Intermediate
Valid From: Semester 1 - 2019/20 ( September 2019 )
Duration: 1 Semester
Credits: 5
Field of Study: 3450 - Business & Management
Module Delivered in: 1 programme(s)
Module Description: This module focuses on two areas; Statistics and Accounting. The objective is to give the student a practical understanding of the principle concepts in statistics and accounting.
 
Learning Outcomes
On successful completion of this module the learner will be able to:
# Learning Outcome Description
LO1 Prepare ledger accounts in order to complete double-entry book-keeping.
LO2 Prepare basic financial statements such as income statements, statement of financial position
LO3 Prepare and explain relevant accounting ratios.
LO4 Calculate and interpret summary statistics, represent statistical data graphically
LO5 Calculate and interpret index numbers
Dependencies
Module Recommendations

This is prior learning (or a practical skill) that is strongly recommended before enrolment in this module. You may enrol in this module if you have not acquired the recommended learning but you will have considerable difficulty in passing (i.e. achieving the learning outcomes of) the module. While the prior learning is expressed as named MTU module(s) it also allows for learning (in another module or modules) which is equivalent to the learning specified in the named module(s).
Incompatible Modules
These are modules which have learning outcomes that are too similar to the learning outcomes of this module. You may not earn additional credit for the same learning and therefore you may not enrol in this module if you have successfully completed any modules in the incompatible list.
No incompatible modules listed
Co-requisite Modules
No Co-requisite modules listed
Requirements

This is prior learning (or a practical skill) that is mandatory before enrolment in this module is allowed. You may not enrol on this module if you have not acquired the learning specified in this section.
No requirements listed
 
Indicative Content
Introduction
Sources of statistical information, data collection techniques and presentation of statistics
Measures of location and Measures of dispersion
Calculation of the mean, mode, median,range, standard deviation and variance.
Index Numbers
Calculation of price indices
Time Series Analysis
Examine different patterns of time series analysis and calculating trends.
Accounting ratios
Liquidity ratios, debt:equity ratios etc.
Trading accounts
An introduction to income statements, statement of financial positions etc.
Module Content & Assessment
Assessment Breakdown%
Coursework40.00%
End of Module Formal Examination60.00%

Assessments

Coursework
Assessment Type Short Answer Questions % of Total Mark 20
Timing Week 7 Learning Outcomes 1,2,3
Assessment Description
In-class. Accounting Transactions.
Assessment Type Short Answer Questions % of Total Mark 20
Timing Week 11 Learning Outcomes 4
Assessment Description
In-class. Statistics.
End of Module Formal Examination
Assessment Type Formal Exam % of Total Mark 60
Timing End-of-Semester Learning Outcomes 1,2,3,4,5
Assessment Description
End-of-Semester Final Examination
Reassessment Requirement
Repeat examination
Reassessment of this module will consist of a repeat examination. It is possible that there will also be a requirement to be reassessed in a coursework element.

The University reserves the right to alter the nature and timings of assessment

 

Module Workload

Workload: Full Time
Workload Type Contact Type Workload Description Frequency Average Weekly Learner Workload Hours
Lecture Contact Classic Lecture Every Week 3.00 3
Independent & Directed Learning (Non-contact) Non Contact Reading, Research and Private Study Every Week 4.00 4
Total Hours 7.00
Total Weekly Learner Workload 7.00
Total Weekly Contact Hours 3.00
Workload: Part Time
Workload Type Contact Type Workload Description Frequency Average Weekly Learner Workload Hours
Lecture Contact Classic Lecture Every Week 2.00 2
Independent & Directed Learning (Non-contact) Non Contact Directed Learning, Research, Work-based Learning and Private Study Every Week 5.00 5
Total Hours 7.00
Total Weekly Learner Workload 7.00
Total Weekly Contact Hours 2.00
 
Module Resources
Recommended Book Resources
  • Groebner & Shannon. (1993), Business Statistics: A decision-making approach, 7th Edition. Maxwell MacMillan, New York, [ISBN: 0023478411].
  • M. D'Arcy. (2015), An Introduction to Financial Accounting, Chartered Accountants Ireland, Dublin, [ISBN: 9781907214615].
  • Tadhg L. O'Shea. (2013), Essential Statistics for Researchers, [ISBN: 9780957505902].
  • Mark L. Berenson, David M. Levine, Timothy C.. (2009), Basic business statistics, Pearson/Prentice Hall Upper Saddle River, N.J., [ISBN: 9780135009369].
Supplementary Book Resources
  • John R. Dyson. (2010), Accounting for non-accounting students, 8th edition. Financial Times/Prentice Hall, Harlow, [ISBN: 9780273722977].
  • A. Sangster. (2015), Frank Woods Business Accounting 1, Thirteenth Edition. Prentice Hall, England, [ISBN: 9781292084664].
This module does not have any article/paper resources
Other Resources
 
Module Delivered in
Programme Code Programme Semester Delivery
CR_BHRMN_7 Bachelor of Arts in Human Resource Management 3 Mandatory