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Important announcements will be posted here. Announcements will also be sent to each student via email.

Online Sessions Link

To connect to the online sessions of this module, except for the first session, please click on this link . You will be asked to register your attendance if you are not already signed in into your Zoom account. You will also be asked for the password which is below.

Meeting ID: 823 7074 2889
Passcode: 984655

Make sure that you show with your name & surname as you have been registered for the study programme. This is very important for attendance purposes.

Lecture Schedule & Notes

Lecture notes will be available during the week following the respective lecture. Schedule dates are indicative and may change. All changes, if any, may be communicated via email, SMS or telephone calls.

LectureDateTimePresentationNotes (If Any)
Lecture 0127 April 202217:30 to 19:30hrsSession 01The Basics of Double-Entry
Double-entry for Beginners
Accounting principles and concepts
Lecture 024 May 202217:30 to 19:30hrsSession 02IFRS in your pocket 2021
Lecture 0311 May 202217:30 to 19:30hrsSession 03Introduction to group accounting
Controlling cash flow for business growth
Lecture 0418 May 202217:30 to 19:30hrsSession 04Analysis of Financial Statements

Lecturer

Ms Michelle Vassallo Pulis

Lecture Summaries & Suggested Reading 

Lecture 1 - Wednesday, 27 April 2022

The following topics will be covered in this lecture:

  • The accounting framework in Malta
  • The elements of financial statements:
  • The accruals concept
  • The going concern concept
  • The duality concept

Core Reading List

  • Wood Frank - Business Accounting Vol I - Pearson Education, 2005
  • Mott Graham - Accounting for Non Accountants - Kogan Page 9th Edition, 2013
  • Scott Peter - Accounting for Business (3rd Edition) – University of Oxford, 2018

Supplementary Reading List

  • Silverstone Howard, Sheetz Michael - Forensic Accounting and Fraud Investigation for Non-Experts John Wiley & Sons Canada, Ltd., 2003

 

Lecture 2 - Wednesday, 4 May 2022

The following topics will be covered in this lecture:

  • Analysing the statement of profit or loss and the statement of financial position
    • The concept of revenue
    • Depreciation, amortisation and impairment
    • Revaluations of assets and their effect on profits and reserves
    • Provisions vs contingent liabilities
    • Events after the reporting period: are they adjusted for in the financial statements?
  • Reference will be made to the published financial statements of some local companies

Core Reading List

  • Wood Frank - Business Accounting Vol I - Pearson Education, 2005
  • Mott Graham - Accounting for Non Accountants - Kogan Page 9th Edition, 2013
  • Scott Peter - Accounting for Business (3rd Edition) – University of Oxford, 2018

Supplementary Reading List

  • Silverstone Howard, Sheetz Michael - Forensic Accounting and Fraud Investigation for Non-Experts John Wiley & Sons Canada, Ltd., 2003

 

Lecture 3 - Wednesday, 11 May 2022

The following topics will be covered in this lecture:

  • The statement of cash flows
    • Profit vs cash
    • Analysing the statement of cash flows into operating, financing and investing activities
  • Group accounts
    • Subsidiary vs associate: control vs significant influence
    • Salient points to keep in mind when looking at group accounts

Core Reading List

  • Wood Frank - Business Accounting Vol I - Pearson Education, 2005
  • Mott Graham - Accounting for Non Accountants - Kogan Page 9th Edition, 2013
  • Scott Peter - Accounting for Business (3rd Edition) – University of Oxford, 2018

Supplementary Reading List

  • Silverstone Howard, Sheetz Michael - Forensic Accounting and Fraud Investigation for Non-Experts John Wiley & Sons Canada, Ltd., 2003

 

Lecture 4 - E-Commerce

The following topics will be covered in this lecture:

  • Interpretation of financial statements
    • Analysis and appraisal of the performance and position of an entity using ratios
  • The growing importance of forensic accounting

Core Reading List

  • Wood Frank - Business Accounting Vol I - Pearson Education, 2005
  • Mott Graham - Accounting for Non Accountants - Kogan Page 9th Edition, 2013
  • Scott Peter - Accounting for Business (3rd Edition) – University of Oxford, 2018

Supplementary Reading List

  • Silverstone Howard, Sheetz Michael - Forensic Accounting and Fraud Investigation for Non-Experts John Wiley & Sons Canada, Ltd., 2003

 

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