Accessibility statement

Introduction to Accounting - MAN00033C

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  • Department: The York Management School
  • Module co-ordinator: Dr. Shenghua Shi
  • Credit value: 20 credits
  • Credit level: C
  • Academic year of delivery: 2024-25
    • See module specification for other years: 2023-24

Module will run

Occurrence Teaching period
A Semester 1 2024-25

Module aims

This module introduces the core concepts of financial accounting and management. It enables students to prepare and interpret financial statements and considers how these may be used in practice. The module then continues with introducing the core concepts of management accounting and how it affects the business organisation. It enables students to perform and evaluate management accounting tools and concepts available to managers for financial and non-financial decision making and considers how these may be used in practice.

Overall, this module offers a proper introduction of the interrelationship of two important accounting systems and how these are working together in organisations, while offering students avenues to recognise their uses and differences.

Module learning outcomes

Identify the key concepts underpinning financial accounting.

Understand the basis of preparation of financial statements.

Prepare a range of financial statements.

Apply and interpret financial analysis techniques to the successful development of business.

Gain an introduction to financial markets.

Identify the key concepts underpinning management accounting.

Understand the nature and purpose of a range of management accounting tools.

Apply the use of management accounting tools to the evaluation of the operating environment.

Module content

The main accounting statements: Balance sheet, Profit and loss account, cash flow statements

The users of financial statements.

Adjustments to accounts: stock, accruals, prepayments, bad and doubtful debt, depreciation.

Preparation of accounts from trial balance.

Interpretation of accounts: ratio analysis.

Introduction to financial markets.

Costing: cost classification, traditional (absorption) costing vs ABC costing, life-cycle costing (and Kaizen costing), Total Quality Management, target costing.

Contribution analysis: break even and margin of safety, scarce resources and analysis of contribution per limiting factor.

Budgeting: the budgeting process, introduction to and critique of standard costing and variance analysis, application of Excel to produce budgets.

Introduction to Performance Management: introduction to strategic performance and cost management.


Task Length % of module mark
Closed/in-person Exam (Centrally scheduled)
Introduction to Accounting
3 hours 100

Special assessment rules




Module feedback

Feedback will be given in accordance with the University Policy on feedback in the Guide to Assessment as well as in line with the School policy.

Indicative reading

Financial Accounting: McLaney, E. and Atrill, P. Accounting – an Introduction, 10th edition. Prentice Hall

Management Accounting: Drury, C. (2020), Management and Cost Accounting, 11th edition. Cengage.

The information on this page is indicative of the module that is currently on offer. The University is constantly exploring ways to enhance and improve its degree programmes and therefore reserves the right to make variations to the content and method of delivery of modules, and to discontinue modules, if such action is reasonably considered to be necessary by the University. Where appropriate, the University will notify and consult with affected students in advance about any changes that are required in line with the University's policy on the Approval of Modifications to Existing Taught Programmes of Study.