Accounting and Finance with Foundation Year

Accounting for Business provides you with an understanding of the role and nature of accounting. You will be introduced to the idea of financial and management accounting and learn about key accounting functions within contemporary business. 

This module will introduce you to key concepts of business and management. You will develop an understanding of the key functions used within contemporary businesses and learn about the tools and techniques used in business to conduct analysis and plan. 

Foundations of HRM provides you with a basic introduction to Human Resource Management. You will learn about the five key areas of the HRM discipline: employee resourcing, employee reward, performance management, employee relations and employee training and development.

In IT for Accountants, you will learn about the importance of IT systems in accounting and develop your skills in spreadsheet software. 

This module aims to ensure that you develop the key academic and personal skills required for successful study at higher education level.

This module gives you a theoretical and practical introduction to financial accounting and management accounting. Upon completion, you will have an understanding of basic financial and management accounting methods, financial statements and the major problems associated with interpreting accounting information using International Accounting Standards.

This module introduces you to the key concepts of modern economics, including how markets function as the foundation of contemporary economies.

This module introduces you to the key concepts of modern economics, including how markets function as the foundation of contemporary economies

In the Accounting Information Systems module, you’ll develop practical skills, and an understanding of the importance of IT in accounting through the use of software like Sage and Excel. On completion, you’ll have the technical knowledge to operate Sage for a range of business transaction applications.

Digital and Business Skills offers an introduction to fundamental skills you need for high level careers in a range of organisations. Communications, presentation and professional profile tools will be used to develop your knowledge and employability.

In Data Analysis for Business, you will develop an understanding of the concepts required for the use and interpretation of the quantitative methods used to analyse business data. You will practice your essential Excel skills and learn to use Minitab, a statistical software package used by companies to spot trends, solve problems and use data to gain insight.

This module prepares you for entry to more advanced studies dealing with quantitative analysis in business and economics.

In semester one, you will form teams with other students to come together and answer a live client brief with regular review points. In semester two, you will enhance your portfolio by creating more team-based and individual work.

This module introduces you to the operation of global legal systems and the areas of law that underpin the practice of effective business management. You will develop a working knowledge of law relating to contracts and their effective negotiation in different business environments.

Through this module, you’ll gain an awareness of current developments in financial reporting and practice. You will explore the regulatory environment for international financial reporting and corporate governance and investigate the workings and regulation of international markets.

This module will strengthen your understanding of management accounting information, tools and techniques. You will learn about the significance of internal business functions and develop practical skills using accounting-specific ICT packages such as Xero, an e-learning course available to Salford students via our partnership with ACCA.  You will discuss the changes that automation and artificial intelligence are bringing to the role of the accountant and the benefits that software applications offer.

This module introduces present-day costing techniques and their function in manufacturing and business. You will also explore the use of management accounting information to help decision making and performance measurement.

The Financial Accounting and Reporting module will help you develop a critical understanding of accounting concepts and conventions, how they interact, and their relationship to the accounting policies selected by companies. Gain all the necessary experience required to take advantage of global employment opportunities.

All of our BSc students can apply for a one year professional placement, which takes place between your second and last years of study.

This is an excellent opportunity to take advantage of and over the last five years, 90% of Salford Business School undergraduates taking a one year placement secured a 2:1 or 1st class Honours degree.

We will help you find out about vacancies and make the right connections with high profile employers through regular events and presentations.

Here is just a small selection of the companies our students have enjoyed placements with so far: NatWest, Barclays and the Cooperative Bank; BP, Esso and Shell; IBM, Hewlett Packard and Compaq; Ford, Vauxhall, Jaguar and Nissan; Marks & Spencer, Selfridges and Sainsbury’s; Eli Lilly, Glaxo and ICI; Fujitsu, Marriott and Virgin.

On completion of Advanced Management Accounting, you will be able to understand, apply and evaluate management accounting techniques relating to planning, control, decision-making, performance management and sustainability. You will develop an understanding of the theoretical and ethical dimensions of management accounting and their relationship with real-world practice.

In this module, you will develop your skills in the preparation of financial statements, improve your understanding of the economics and politics behind accounting standards and advance your ability to analyse and interpret financial statements.

In Business Finance, concepts such as raising capital, capital markets and the capital structure of firms will be explored. You will evaluate the processes of mergers and takeovers and analyse the risks in international finance.

You will evaluate the responsibilities of accountants in relation to ethics, sustainability, innovation, internal control, governance, compliance and risk management across a range of international accounting environments.

This module evaluates the UK taxation system and the global environment. You will review core subjects including the taxation of sole traders, partnerships and limited companies.

Investment Management introduces you to the theoretical framework for modern investment and portfolio management. This module helps you develop the statistical skills necessary to quantify risks associated with portfolio management and empirically test the validity of models that rely on risk-reward relationships.

This module gives you an introduction to the role of a bank and banking services in developed and emerging market economies. On completion of the module, you’ll be able to evaluate the regulatory environment of banks, understand developments in banking financial innovation and appreciate the risk of bank failure and their role in financial crises.

Through this module, you will consider and evaluate the audit processes and develop the technical knowledge and skills necessary to perform the responsibilities of an auditor within the framework of relevant regulatory environments.