ULMS Electronic Module Catalogue |
The information contained in this module specification was correct at the time of publication but may be subject to change, either during the session because of unforeseen circumstances, or following review of the module at the end of the session. Queries about the module should be directed to the member of staff with responsibility for the module. |
Title | QUANTITATIVE METHODS FOR ACCOUNTING AND FINANCE | ||
Code | ACFI111 | ||
Coordinator |
Dr E Moon Economics E.Moon@liverpool.ac.uk |
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Year | CATS Level | Semester | CATS Value |
Session 2019-20 | Level 4 FHEQ | First Semester | 15 |
Pre-requisites before taking this module (other modules and/or general educational/academic requirements): |
ENVS203 RESEARCH SKILLS (GEOGRAPHY AND ENVIRONMENTAL SCIENCE) |
Modules for which this module is a pre-requisite: |
Programme(s) (including Year of Study) to which this module is available on a required basis: |
Programme(s) (including Year of Study) to which this module is available on an optional basis: |
Teaching Schedule |
Lectures | Seminars | Tutorials | Lab Practicals | Fieldwork Placement | Other | TOTAL | |
Study Hours |
22 |
11 |
11 |
44 | |||
Timetable (if known) |
60 mins X 1 totaling 11
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Private Study | 106 | ||||||
TOTAL HOURS | 150 |
Assessment |
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EXAM | Duration | Timing (Semester) |
% of final mark |
Resit/resubmission opportunity |
Penalty for late submission |
Notes |
Assessment 2: Mid term test (Unseen) Assessment Type: Written Exam Duration: 60 minutes Weighting: 10% Reassessment Opportunity: Yes Penalty for Late Submission: There is no opportunity | 1 hour | 10 | ||||
Assessment 1: Written Unseen Examination Assessment Type: Written Exam Duration: 2 hours Weighting: 75% Reassessment Opportunity: Yes Penalty for Late Submission: Standard UoL penalty appl | 2 hours | 75 | ||||
CONTINUOUS | Duration | Timing (Semester) |
% of final mark |
Resit/resubmission opportunity |
Penalty for late submission |
Notes |
Assessment 3: Weekly problem sheet Assessment Type: Coursework Duration/Size: 1 worksheet weekly from weeks 3 - 12 Weighting: 15 % Reassessment Opportunity: Yes Penalty for Late Submission | 1 worksheet weekly f | 15 |
Aims |
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The module aims to provide an introduction to quantitative methods that will assist students in establishing basic mathematical, quantitative and statistical skills for the study of accounting and finance. |
Learning Outcomes |
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(LO1) Demonstrate a basic understanding of mathematical tools and thier applications to accounting, finance and economics |
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(LO2) Understand the fundamental concepts of statistics and probability |
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(LO3) Understand basic principles of random sampling, the nature of sampling error and the need for estimation |
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(LO4) Explain the rules of hypothesis testing |
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(LO5) Explain the relation between two random variables using correlation and regression analyses |
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(S1) Problem solving skills |
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(S2) Numeracy |
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(S3) Teamwork |
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(S4) IT skills |
Teaching and Learning Strategies |
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Teaching Method: Lecture Teaching Method: Tutorial Teaching Method: Other Self-Directed Learning Hours: 106 Modules for which this is a pre-requisite Skills/Other Attributes Mapping Skills / attributes: IT skills Skills / attributes: Teamwork Skills / attributes: Numeracy Skills / attributes: Problem solving skills |
Syllabus |
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Revision of basic maths skills: indices, algebra, transposition of formulae, solving simultaneous equations and substitution; |
Recommended Texts |
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Reading lists are managed at readinglists.liverpool.ac.uk. Click here to access the reading lists for this module. |