BACKGROUND AND RATIONALE

Project Accounting introduces learners to project accounting. The module begins with describing project management accounting, explains the process of developing project financial strategies, explains the process of accounting project finances, explains the process of classifying project cost, explains the process of financing projects, explains the preparation of project revenue cash flow, preparation and reviewing project budgets and ends with explaining project risk assessment.

OBJECTIVES
The objectives of this module are:
– To describe project management accounting,
– To explain the process of developing project financial strategies,
– To explain the process of accounting project finances,
– To explain the process of classifying project cost,
– To explain the process of financing projects,
– To explain the preparation of project revenue cash flow,
– To explain the preparation and reviewing project budgets
– To explain the process of project risk assessment.

LEARNING OUTCOMES

At the end of this module learners should be able to:

– Know and describe project management accounting,
– Know and apply knowledge on developing project financial strategies,
– Know and apply knowledge in accounting project finances,
– Know and apply knowledge on classifying project cost,
– Know and apply knowledge on financing projects,
– Know and apply knowledge on the preparation of project revenue cash flow,
– Know and apply knowledge on preparation and reviewing project budgets
– Know and apply knowledge of project risk assessment.

COURSE CONTENT

Unit 1: Describing Project Management Accounting

Unit 2: Developing Project Financial Strategies

Unit 3: Accounting Project Finances

Unit 4: Classifying Project Cost

Unit 5: Financing Projects

Unit 6: Preparing Project Revenue Cash Flow

Unit 7: Preparing and Reviewing Project Budgets

ASSESMENT

PRESCRIBED READINGS: 

Kein R Callahan, Garys, Stets and Hynne M Brooks. Project Management
Accounting, Budgeting, Tracking and Reporting Costs and Profitability.
Clifford F Gray and Erik W. Larson, (2008) (4th Ed) Project Management: The
Managerial Process. New York: McGraw Hill

RECOMMENDED READINGS 

Construction Industry Institute, (2012), Draft CII Best Practices Guide, Improving
Project Performance Implementation resources 166-3, Version 4.0.

BACKGROUND AND RATIONALE
Research Methodology module introduces learners to research methodology. The module starts with defining research, explains the process of applying basic concepts in research, explains the process of identifying a research problem, the process of formulating research objectives, explains how to develop research questions and hypothesis, explains the process of reviewing literature, explains the appropriate research designs, and the process of applying sampling methods. The module further explains the process of collecting data, explains the process of analysing data, explains the process of presenting and interpreting data, explains the discussion of findings, explains the presenting conclusions and recommendations and ends with explaining how to prepare and present a research proposal and research report.

OBJECTIVES
The objectives of this module are:
– To defining research,
– To explain the process of applying basic concepts in research,
– To explain the process of identifying a research problem,
– To explain process of formulating research objectives,
– To explain how to develop research questions and hypothesis,
– To explain the process of reviewing literature,
– To explain the appropriate research designs,
– To explain the process of applying sampling methods.
– To explain the process of collecting data,
– To explain the process of analysing data,
– To explain how to present and interpret data,
– To explain how to discuss of findings,
– To explain how to present conclusions and recommendations
– To explain how to prepare and present a research proposal and research report.

LEARNING OUTCOMES
At the end of this module learners should be able to:
– Know and define research,
– Know and apply the basic concepts in research,
– Know how to identify a research problem,
– Know how to formulate research objectives,
– Know and apply knowledge on how to develop research questions and hypothesis,
– Know and apply the knowledge on how to review literature,
– Know and apply knowledge on how to prepare appropriate research designs,
– Know and apply knowledge on how to apply sampling methods.
– Know and apply knowledge on how to collect data,
– Know and apply knowledge on how to analyse data,
– Know and apply the knowledge on how to interpret data,
– Know and apply the knowledge on how to discuss the findings,
– Know and apply the knowledge on how to present conclusions and
recommendations
– Know and apply the knowledge on how to prepare and present a
research proposal and research report.

COURSE CONTENTS
UNIT 1: Defining and Using Of Research
UNIT 2: Applying Basic Concepts in Research
UNIT 3: Identifying a Research Problem
UNIT 4: Formulating Research Objectives, Questions and Hypothesis
UNIT 5: Reviewing Literature
UNIT 6: Employing Appropriate Research Designs
UNIT 7: Applying Sampling Methods
UNIT 8: Collecting of Data
UNIT 9: Analysing Data

UNIT 10: Presenting and Interpreting Data

UNIT 11: Discussing Findings

UNIT 12: Presenting Conclusions and Recommendations

UNIT 13: Preparing and Presenting a Research Proposal and Research Report

ASSESMENT

PRESCRIBED READINGS:
Business Research Methods, Cooper D.R and Schindler P.S (2004)
Bless C. Higson-Smith. C. and Kagee, A., (2008) Fundamentals of Social
Research Methods. Cape Town: Juta and Company.
Bryman, A., (2008) Social Research Methods. New York: Oxford University Press.
Nurul lslam. M (2003) ‘An Introduction to Research Methods’ – Basic Concepts
and Issues in Research, Chapter-2,

RECOMMENDED READINGS:
Anderson, A. Sweeney, D. J and Williams, Thomas A., (2004) Essentials of
Modern Business Statistics with Microsoft Excel (2ed), David South-Western
College.
Cresswell, W. J,(2012) Educational Research: Planning, Conducting And
Evaluating Quantitative and Qualitative Research, Boston, Pearson Education
inc.
Ritchie, J. (2010) Qualitative Research Practice, London, Los Angeles: SAGE
Publications.

BACKGROUND AND RATIONALE
Advanced Financial Reporting module introduces learners to advanced financial reporting. The module begins by explaining the process of selecting presenting and evaluating suitable accounting policies, explains the process of preparing and reporting information for financial statements and notes, explains the process of interpreting and evaluation of financial information and disclosures, and ends with describing the technical knowledge required in accounting standards.

OBJECTIVES
The objectives of this module are:
– To explain the process of selecting presenting and evaluating suitable
accounting policies,
– To explain the process of preparing and reporting information for financial
statements and notes,
– To explain the process of interpreting and evaluating financial information
and disclosures,
– To describe the technical knowledge required in accounting standards.

LEARNING OUTCOMES
At the end of this module learners should be able to:
– Know and apply the knowledge on the process of selecting presenting and evaluating suitable accounting policies,
– Know and apply the knowledge on the process of preparing and reporting information for financial statements and notes,
– Know and apply the knowledge on the process of interpreting and evaluating financial information and disclosures,
– Know and apply the technical knowledge required in accounting
standards

COURSE CONTENTS
Unit 1: Selecting Presenting and Evaluating Suitable Accounting Policies
Unit 2: Preparing and Reporting Information for Financial Statements and Notes
Unit 3: Interpretation and Evaluation of Financial Information and Disclosures
Unit 4: Technical Knowledge Required for Accounting Standards

ASSESMENT

PRESCRIBED READINGS:
Christensen, Cottrell and Budd. (2016). Advanced Financial Accounting. New
York: McGraw-Hill Education Publishing
Jeremy Barnes etal. (2019) International GAAP 2019. West Sussex: John Wiley
and Sons Limited.

RECOMMENDED READINGS:
Neale Blackwood. (2014) Advanced Excel Reporting for Management
Accountants. New Jersey: John Wiley and Sons Limited.

BACKGROUND AND RATIONALE
Database Management and Administration module introduces learners to Audit and Assurance module introduces learners to auditing and assurance. The module first explains the legal, regulatory and ethical issues in audit and assurance. It then explains aspects of accepting engagements and managing assignments, it explains the process of planning and undertaking work in auditing, it explains the principles of drawing conclusions and reporting in auditing and ends with describing the technical knowledge requirements in international standards on auditing.

OBJECTIVES
The objectives of this module are:
– To explain the legal, regulatory and ethical issues in audit and assurance.
– To explain the issues in accepting engagements and managing
assignments,
– To explain the process of planning and undertaking work in auditing,
– To explain the principles of drawing conclusions and reporting in auditing
– To describe the technical knowledge requirements in international
standards on auditing.

LEARNING OUTCOMES
At the end of this module learners should be able to:
– Know and apply the knowledge on legal, regulatory and ethical issues in audit and assurance.
– Know and apply the knowledge on issues in accepting engagements and managing assignments.
– Know and apply the knowledge in the process of planning and undertaking work in auditing.
– Know and apply the principles of drawing conclusions and reporting in auditing
– Know and apply the technical knowledge required in international standards on auditing.

COURSE CONTENTS
Unit 1: Legal, Regulatory and Ethical Issues
Unit 2: Accepting Engagements and Managing Assignments
Unit 3: Planning and Undertaking Work
Unit 4: Drawing Conclusions and Reporting
Unit 5: Technical Knowledge Requirements-International Standards on Auditing
UNIT 6: Database security;
UNIT 7: Monitoring the database and using the advisors;
UNIT 8: Backup and recovery concepts;
UNIT 9: Investigating, reporting, and resolving problems.

ASSESSMENT

PRESCRIBED READINGS:
ACCA F8 – Audit and Assurance Revision Kit 2016. (2017). London: BPP
Publishing
P7 International Study Test Advanced Audit and Assurance. ACCA. (2010)
Berkshire: Emile Woolf Publishing

RECOMMENDED READINGS:
International Auditing and Assurance Standards Board. (2016-2017)
Handbook of International Quality Control, Auditing, Review, Other Assurance
and Related Service Pronouncements.