Module Details

Module Code: TOUR6009
Title: Financial Acc for Tour & Hosp
Long Title: Financial Acc for Tour & Hosp
NFQ Level: Fundamental
Valid From: Semester 1 - 2020/21 ( September 2020 )
Duration: 1 Semester
Credits: 5
Field of Study: 8120 - Tourism
Module Delivered in: 7 programme(s)
Module Description: An introductory course in Financial Accounting by maintaining the books of account of a business in the Tourism and Hospitality sector.
 
Learning Outcomes
On successful completion of this module the learner will be able to:
# Learning Outcome Description
LO1 Explain the terminology used in financial accounting and the concepts and basis underpinning financial accounting
LO2 Discuss and describe the accounting equations and record the transactions for sales, purchases, returns, assets, liabilities, expenses, revenue and capital
LO3 Prepare appropriate Financial Accounts for a business
LO4 Prepare bank reconciliation statements
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 to Accounting
Terminology in accounting, use of financial accounts and accounting concepts and bases
Double Entry Accounting
The accounting equation, accounting for sales, purchases, returns, expenses, revenue, assets, liabilities and capital, balancing accounts, preparing a trial balance
Financial Statements
Preparation of financial statement for businesses operating in the tourism and hospitality sector from trial balance to final accounts
Bank Reconciliation Statements
Preparation of adjusted cash books and reconciliation of these to bank statements
Module Content & Assessment
Assessment Breakdown%
Coursework30.00%
End of Module Formal Examination70.00%

Assessments

Coursework
Assessment Type Short Answer Questions % of Total Mark 30
Timing Week 8 Learning Outcomes 1,2,3
Assessment Description
Short answer and multiple choice type questions to evaluate the students knowledge of accounting concepts and transactions
End of Module Formal Examination
Assessment Type Formal Exam % of Total Mark 70
Timing End-of-Semester Learning Outcomes 1,2,3,4
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 Formal lecture Every Week 4.00 4
Independent & Directed Learning (Non-contact) Non Contact Review of lecture material and Independent learning Every Week 3.00 3
Total Hours 7.00
Total Weekly Learner Workload 7.00
Total Weekly Contact Hours 4.00
Workload: Part Time
Workload Type Contact Type Workload Description Frequency Average Weekly Learner Workload Hours
Lecture Contact Formal lecture Every Week 1.50 1.5
Independent & Directed Learning (Non-contact) Non Contact Review of lecture material and independent learning Every Week 5.50 5.5
Total Hours 7.00
Total Weekly Learner Workload 7.00
Total Weekly Contact Hours 1.50
 
Module Resources
Recommended Book Resources
  • Margaret D'arcy. (2015), An Introduction to Financial Accounting, Chartered Accountants Ireland, [ISBN: 9781907214615].
Supplementary Book Resources
  • Pearsons. (2015), Business Accounting Volume 1, 13. [ISBN: 9781292084664].
This module does not have any article/paper resources
This module does not have any other resources
 
Module Delivered in
Programme Code Programme Semester Delivery
CR_FTRSM_8 Bachelor of Business (Honours) in Tourism Management 3 Mandatory
CR_OBARM_7 Bachelor of Business in Beverage Industry Management 4 Mandatory
CR_OCULA_7 Bachelor of Business in Culinary Arts 4 Mandatory
CR_FTOUR_7 Bachelor of Business in Tourism Management 3 Mandatory
CR_OHCMA_6 Higher Certificate in Business in Hospitality Management 4 Mandatory
CR_OHCMA_6 Higher Certificate in Business in Hospitality Management 1 Mandatory
CR_FTOUR_6 Higher Certificate in Business in Tourism Management 3 Mandatory