PROGRAMME AIM

(Awarded by London Metropolitan University, UK)
The BA (Hons) Accounting and Finance programme aims to provide students with the academic knowledge, professional skills, and ethical grounding needed to succeed in the accounting, finance, and wider business sectors. The programme is designed to build competence in core areas such as financial reporting, management accounting, taxation, audit, and financial management, while also developing the ability to analyse and solve real-world business problems. Through exposure to global financial systems, sustainability issues, corporate strategy, and research methods, the programme prepares students for professional roles in a dynamic and competitive global economy.

PROGRAMME OBJECTIVES (BRIEF)

1. Provide strong foundations in accounting and finance, covering key areas such as financial reporting, management accounting, taxation, audit, and financial management.
2. Develop analytical and decision-making skills for solving real-world financial and business problems using both quantitative and qualitative methods.
3. Promote ethical awareness and professionalism in accounting and finance, including understanding of corporate governance and sustainability.
4. Enhance practical and employability skills, including communication, teamwork, use of financial software, and data analysis tools.
5. Encourage independent research through the development and completion of a final-year dissertation.
6. Prepare students for global careers by offering insights into international finance, banking systems, and strategic business environments.

LEVEL-4

1. AC4052SR – Financial Accounting
   This module introduces students to the foundational principles of financial accounting for business organisations. It focuses on the preparation and interpretation of financial statements for sole traders and limited companies. Students will develop an understanding of double-entry bookkeeping, key financial statements, depreciation, bad debts, and company accounts. The module also includes the interpretation of financial statements and financial ratios, with a view to supporting decision-making by external stakeholders. The context of the professional accountancy framework is explored to enhance employability.
2. AC4053SR – Management Accounting Fundamentals
   This module lays the groundwork for understanding the core concepts and techniques in management accounting. It covers cost classification, cost behaviour, overhead costing, marginal and absorption costing, budgeting, break-even analysis, and decision-making techniques such as make-or-buy and pricing decisions. Capital investment appraisal methods are also introduced. Students will learn to use management accounting tools for effective planning, control, and performance evaluation within an organisation.
3. AC4054SR – Management Information Systems
   This module explores the application of information systems in accounting and management contexts. Students will gain practical experience with computerised bookkeeping, including the recording of transactions and the preparation of financial statements using tools such as MS Excel. The module covers various financial systems (e.g., payroll, invoicing, cash management) and highlights the importance of security, integrity, and efficiency in digital environments. It also examines transaction processing, ERP systems, and the broader use of IT in business decision-making.
4. AC4055SR – Data Science, Research and Analysis
   This module introduces students to the foundational principles of data science and research techniques relevant to the accounting and finance profession. It covers the collection, analysis, and presentation of financial and non-financial data using IT tools, statistical methods, and digital technologies. Students develop skills in interpreting data, conducting basic academic research, and applying ethical judgment in using data. The module equips students to analyse business issues using quantitative and qualitative methods and to present findings in a professional context.
5. AC4056SR – Business Law and Ethics
   This module introduces the legal foundations that affect business and professional accountancy practices, including the English legal system, contract law, and tort law. The module also explores the role of ethics in business and accounting, focusing on preventing fraud and promoting ethical financial reporting. Students will learn about professional standards, ethical codes, and the importance of integrity in financial and business decision-making. Real-world applications of legal and ethical principles are emphasized through case analysis and discussions.
6. FE4051SR – Introduction to Financial Markets and Institutions
   This module offers a comprehensive overview of the structure, organisation, and functioning of financial markets and institutions. It examines various financial markets such as money, bond, stock, mortgage, derivatives, and foreign exchange markets. The role of financial institutions like banks, insurance firms, pension funds, and investment firms is explored. The module also addresses the interconnectedness between markets and institutions, providing students with a strong theoretical and practical foundation to understand financial systems and their global impact.
7. FE4055SR – Understanding the Business and Economic Environment
   This module introduces students to the external and internal environments that influence business decisions. It focuses on macroeconomic and microeconomic principles, including demand and supply, market structures, inflation, trade, and exchange rates. Students also explore business organisation types, stakeholder interests, and environmental factors using the PESTLE framework. Through real-world case studies and sector-specific examples, students will learn to analyse the context in which businesses operate and apply both business and economic principles to assess challenges and opportunities.
8. MN4W50SR – Learning Through Organisations
   This professional practice module develops students’ understanding of what it means to be a business professional. Students will build key workplace skills and behaviours expected by employers and will reflect on their development through a structured digital E-portfolio. The module includes planning, conducting, and reflecting on personal performance episodes—tasks designed to enhance their employability and professional identity. By receiving and responding to feedback, students improve their self-awareness and ability to organise and communicate effectively in a workplace context.

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LEVEL-5

1. AC5062SR – Financial Reporting
   This module focuses on the preparation and critical analysis of financial statements for UK limited companies in accordance with the UK regulatory framework and IFRS. It covers the role and need for financial reporting regulation, standard setting, and the preparation of key financial statements such as the statement of financial position, comprehensive income, changes in equity, and cash flows. Students also learn to use ratio analysis to assess company performance and develop skills in academic writing, financial data analysis, and professional communication.
2. AC5063SR – Principles of Finance
   This module introduces students to core finance theories and their application in investment decision-making and portfolio management. It explores the structure and functions of financial markets, the pricing of financial instruments, market efficiency, and risk-return relationships. Students develop skills in financial analysis, valuation of fixed income and equity securities, and use of models such as CAPM and portfolio theory. The module blends theoretical concepts with real-world investment practices, enabling students to critically evaluate financial strategies and securities.
3. AC5064SR – Taxation: Income Tax
   This module provides a practical and theoretical understanding of the UK income tax system. It covers personal taxation, including income from trading, employment, investments, and property. Students will learn how to compute income tax liabilities for individuals and unincorporated businesses, including partnerships, and provide tax planning advice. The module emphasizes communication of tax information and payment obligations clearly to clients, alongside developing a working knowledge of current tax legislation and its application to various real-life scenarios.
4. AC5065SR – Taxation: Corporate Tax
   This module builds on the personal income tax knowledge gained in the previous term and introduces students to UK corporate tax systems. It covers tax computations for corporations, capital gains tax, inheritance tax, and VAT. Students will explore tax planning strategies, including incorporation, group relief, and international tax considerations. The module emphasizes practical computation skills and the ability to advise small businesses on tax planning opportunities within the current Finance Act framework.
5. AC5066SR – Management Accounting
   This module advances students’ knowledge of management accounting techniques introduced in earlier levels. It explores costing systems including traditional, job, and activity-based costing, as well as budgeting techniques and their behavioural implications. The module emphasizes planning, control, performance measurement (financial and non-financial), and decision-making processes. It also introduces information systems and technologies used in managerial decisions and includes practical applications such as variance analysis, balanced scorecards, and transfer pricing.
6. BL5055SR – Company and Business Law
   This module offers an in-depth study of UK company law and its intersection with employment law. It explores the formation and constitution of companies, the roles and responsibilities of directors, shareholders, and auditors, and the legal framework surrounding insolvency and employment relationships. Students will critically examine directors’ duties, creditor protections, and company meetings, as well as contractual and dismissal issues in employment. Real-world scenarios and legal analysis will strengthen students’ legal reasoning and problem-solving abilities.
7. FE5056SR – Problem Solving: Methods and Analysis
   This module develops students’ abilities to tackle business and management issues using structured problem-solving and research methods. It emphasizes identifying problems, formulating research questions, and applying both qualitative and quantitative techniques. Students learn to collect, analyze, and interpret data using tools such as surveys, interviews, and statistical analysis in Excel. The module equips students with essential skills for conducting empirical research and lays the foundation for their final year dissertation or project work.
8. LT5078SR – Sustainability, Business and Responsibility
   This module addresses how sustainability and climate change are shaping business strategies and operations. Students explore sustainability principles, corporate social responsibility (CSR), international policy frameworks, and how organisations measure and respond to environmental and social impacts. The course also equips students with critical thinking and analytical tools to assess sustainability practices across industries. Through individual projects and group wiki presentations, students investigate responsible business strategies and reflect on the evolving role of business in society.

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LEVEL-6

1. AC6064SR – Advanced Financial Reporting
   This module develops students’ advanced knowledge and skills in financial reporting for entities and groups in accordance with IFRS. It covers accounting for specialised transactions such as financial instruments, leases, foreign currency, and employee benefits. Students also learn to prepare consolidated financial statements including associates and interpret financial reports to provide advice to stakeholders. Emphasis is placed on critical thinking, professional judgement, and practical application of standards.
2. AC6065SR – Financial Management
   This module equips students with strategic financial decision-making skills in areas such as investment appraisal, capital structure, dividend policy, and risk management. Students explore corporate objectives and valuation methods using models like NPV, IRR, CAPM, and WACC. It also covers sources of finance, cost of capital, and working capital management. The module enhances analytical, problem-solving, and decision-making abilities needed for strategic financial planning in dynamic business environments.
3. AC6066SR – Advanced Management Accounting
   This module focuses on the strategic application of management accounting tools for decision-making, planning, and performance evaluation. It builds on techniques studied in earlier levels, including life cycle costing, target costing, risk analysis (e.g., decision trees), and strategic pricing. It also addresses non-financial performance measures like the balanced scorecard and discusses ethical challenges in the management accountant’s role. This module prepares students for strategic-level responsibilities in both for-profit and not-for-profit organisations.
4. AC6068SR – Audit and Assurance Services
   This module explores the principles and practices of audit and assurance in the context of corporate governance. Students will gain understanding of audit functions, ethical and professional conduct, internal control systems, and audit planning. The course covers International Standards on Auditing (ISAs), audit evidence, sampling, and computer-assisted audit techniques. Students develop practical skills in audit judgement, reporting, and risk assessment, with emphasis on both internal and external audit procedures and the use of IT tools and audit software.
5. FE6P04SR – Dissertation
   This 30-credit capstone module enables students to independently research a chosen topic relevant to business, accounting, or management. It involves identifying a research problem, conducting a literature review, applying appropriate research methodologies, collecting and analysing data, and presenting findings in a structured dissertation. The module develops students’ skills in critical thinking, academic writing, ethical research, and project management. With guidance from supervisors, students produce a 5000-word dissertation, including a reflective report on their research journey and personal development.
6. FE6057SR – International Banking
   This module provides an in-depth understanding of international banking activities, structures, and the regulatory environment. Students explore the theory of banking, the role of banks in monetary policy and financial systems, and issues such as banking crises, regulation, and systemic risk. The course also examines trending topics like financial technology (Fintech), sustainable banking, mergers, and too-big-to-fail institutions. It builds critical awareness of how to assess bank risk and performance using real-world data.
7. MN6071SR – Practising Business Strategy (with Simulation)
   This strategy module trains students to apply strategic management theories in real business contexts through simulations and case studies. Students learn to analyse organisations, evaluate strategic options, and implement change effectively. The module covers tools like SWOT, PESTLE, and strategic planning frameworks, with emphasis on leadership, stakeholder management, and risk analysis. It enhances employability through the development of problem-solving, decision-making, and communication skills via presentations and simulations.

Entry requirements

Assessment:

London Metropolitan University (London Met) authorises and approves Stanfort Academy to deliver and assess part or all of the course. This course is also taught and assessed at London Met’s main campus in London, United Kingdom. London Met holds direct responsibility for quality assurance, curriculum content, and the teaching, learning and assessment strategy.

Dissertation, Individual Presentation, Individual essay, Group Presentation, Report, Practical Exam, Business workbook, Reflection and simulation job application

Marking and grades:

Each component of assessed work is assigned a percentage mark with a pass/fail threshold at 40%. Overall average mark obtained for all modules and the dissertation, with classification thresholds for each grade of award as follows:

70% – 100% – A

60% – 69% – B

50% – 59% – C

40% – 49% – D

0% – 39% – Fail

AWARD TITLES:

At undergraduate level degrees are awarded according to the overall average mark obtained for all modules and the dissertation, with classification thresholds for each grade of award as follows:

• First class (69.5% and above)
• Second class upper division (59.5% – 69.49%)
• Second class lower division (49.5%- 59.49%)
• Third class (39.5% – 49.49%)
• Fail (0% – 39.49%)

At the end of each semester, module results and awards are confirmed by Assessment Boards (Subject Standards Boards and Awards Boards). Assessment Boards uphold the academic standards of your course and ensure that each student is treated fairly and equally through the assessment process.