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BIBM500 – Introduction to Accounting

Module code
Module title
Introduction to Accounting
Students will understand financial statements and reports and be able to analyse and interpret business performance for sole traders and small companies.
  • BI1401
  • BI1501
  • BI1701
  • SC9501
NZQA Level
Level 5
NZQA Credits
Delivery method
  • Web-Supported
Learning hours
Total learning hours
Resources required
Learning Outcomes
1. Understand the purpose of accounting in a New Zealand business context
2. Prepare financial statements using accounting concepts and policies
3. Analyse and report on financial performance
4. Demonstrate an understanding of budgets, variances and use simple break even analysis
- Key factors in the accounting environment
- Effect of transactions on accounting equation
- Balance day adjustments
- Balance Sheet
- Income Statement
- Statement of changes in equity
- Statement of cash flows
- Accounting policies
- Budgeting, variances and break even analysis
- Analysis of financial performance
Teaching and Learning Strategy
Teaching will involve blended delivery methods incorporating the Moodle online delivery platform. Other delivery methods my involve theoretical and practical classes, face to face, lectures, tutorials, workshops, group activities, guest tutors, field trips, role-play, and video conferencing, as appropriate.
Assessment Criteria
Candidates must achieve a minimum result of 40 in the final examination of this module. They must also achieve a minimum C grade pass overall from all assessments to receive a passing grade for the module.
Learning and Teaching Resource
Required Text:
An extended reading list will be supplied by the tutor at commencement of the module. This will be updated annually.

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