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Academy Documents
Kindly access the Students' Policies & Forms by clicking on the button below. The following documents, among others, can be found there: Student Handbook, Student Code of Conduct, Students' Privacy Notice, Deferral, Suspension, and Cancellation Policy, Assignment Extension Policy, Re-Sit Policy, Complaints Procedure Policy, Equality Policy, and Student Disciplinary Policy.
Sessions' Venue
All sessions will be held at 21 Academy's Training Centre in Naxxar
21 Business Centre, No. 20., Triq in-Nutar Debono, Naxxar NXR 2525
Monday sessions 09:30 - 12:30hrs (compulsory signature)
Wednesday sessions 17:30 - 20:30hrs
Saturday sessions 09:00hrs - 17:00hrs
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.
| Lecture | Date | Time | Presentation | Notes (If Any) |
|---|---|---|---|---|
| Lecture 01 | 11 January 2025 | 09:00 to 17:00hrs | ||
| Lecture 02 | 15 January 2025 | 17:30 to 20:30hrs | ||
| Lecture 03 | 18 January 2025 | 09:00 to 17:00hrs | ||
| Lecture 04 | 22 January 2025 | 17:30 to 20:30hrs | ||
| Lecture 05 | 25 January 2025 | 09:00 to 17:00hrs | ||
| Lecture 06 | 29 January 2025 | 17:30 to 20:30hrs | ||
| Lecture 07 | 1 February 2025 | 09:00 to 17:00hrs | ||
| Tutorial 01 & Self-Assessment | 5 February 2025 | 17:30 to 20:30hrs | ||
| Tutorial 02 | 8 February 2025 | 09:00 to 12:00hrs | ||
| Presentations | 12 February 2025 | 17:30 to 20:30hrs |
Lecturer/s
Lecture Summaries & Suggested Reading
Lecture 1 - Accounting Concepts
- Self-assessment, sitting 1
This introductory session will allow the lecturer and students to familiarise themselves with the course content, understand the basics of Accounting and Finance, discuss different types of organisations, look at the structures of the organisations, and have a deep dive into the various documents and statements generated by accountants.
Following this session, students will:
- Sit for the first session of the Self-Assessment
- Understand the key objectives of financial management;
- Obtain an overview of the Accounting Environment;
Core Reading List
- Atrill, P., (2019). Financial Management For Decision Makers. 9th ed. Pearson.
- Hussain, S. and Warner, S., (2017). Finance Book - Understand The Numbers Even If You’re Not A Finance Professional. FT Publishing International.
Supplementary Reading List
- Wood, F., (2015). Business Accounting 1
- Wood, F., (2015). Business Accounting 2
- Bauerle, J., (2018). Accounting Quickstart Guide. ClydeBank Media LLC
- Claydon, T., and Beardwell, J., (2017). Human Resource Management a Contemporary Approach, 8th ed. Pearson.
Lecture 2 - Financial Statements
This session will continue on the various Accounting Terms used; introduce the Accounting Equation, and looks at what makes up a Trial Balance;
Following this session, students will learn:
- The general presentation of Financial Statements (balance Sheet, income statement and cash flow statement);
- basic understanding of the basic principles of Financial Statements;
Core Reading List
- Atrill, P., (2019). Financial Management For Decision Makers. 9th ed. Pearson.
- Hussain, S. and Warner, S., (2017). Finance Book - Understand The Numbers Even If You’re Not A Finance Professional. FT Publishing International.
Supplementary Reading List
- Wood, F., (2015). Business Accounting 1
- Wood, F., (2015). Business Accounting 2
- Bauerle, J., (2018). Accounting Quickstart Guide. ClydeBank Media LLC
- Claydon, T., and Beardwell, J., (2017). Human Resource Management a Contemporary Approach, 8th ed. Pearson.
Lecture 3 - Financial Statements (cont.)
The third session will be dedicated to the analysis of the trial balance, the composition of the financial statements, how they are prepared, what information is required, and time periods.
Reference will be made to the various accounting techniques used in various countries. The session will delve into the basic accounting entries, types of accounts, the bookkeeping function, collated data, the use of the data for management accounts, and the transition from management accounts to financial statements.
Following this session, students will learn to:
- Describe how financial managers apply the income statement, the balance sheet, and the statement of cash flows to make better informed decisions;
- An understanding of Accountancy Techniques;
- Understand the basic Management Accounts;
- Sources of Finance.
- Read and understand Financial Statements;
Core Reading List
- Atrill, P., (2019). Financial Management For Decision Makers. 9th ed. Pearson.
- Hussain, S. and Warner, S., (2017). Finance Book - Understand The Numbers Even If You’re Not A Finance Professional. FT Publishing International.
Supplementary Reading List
- Wood, F., (2015). Business Accounting 1
- Wood, F., (2015). Business Accounting 2
- Bauerle, J., (2018). Accounting Quickstart Guide. ClydeBank Media LLC
- Claydon, T., and Beardwell, J., (2017). Human Resource Management a Contemporary Approach, 8th ed. Pearson.
Lecture 4 - Accounting Rations
The session will be dedicated to the introduction of Financial Ratios; how these are inter-related; which ratios to use in particular circumstances
Following this session students will be learn:
- Introduction of financial ratios;
- Compute the key financial ratios so as to calculate an entity's performance
Core Reading List
- Atrill, P., (2019). Financial Management For Decision Makers. 9th ed. Pearson.
- Hussain, S. and Warner, S., (2017). Finance Book - Understand The Numbers Even If You’re Not A Finance Professional. FT Publishing International.
Supplementary Reading List
- Wood, F., (2015). Business Accounting 1
- Wood, F., (2015). Business Accounting 2
- Bauerle, J., (2018). Accounting Quickstart Guide. ClydeBank Media LLC
- Claydon, T., and Beardwell, J., (2017). Human Resource Management a Contemporary Approach, 8th ed. Pearson.
Lecture 5 - Ration Analysis (cont.)
The session will continue analysing the various Accounting Ratios, looking at the Liquidity and Investment sections. It will also introduce the variances of Management Accounting and the handing of the information to prepare these sets of Accounts for internal entity consumption, together with their relationship with published Financial Statements.
Following this session students will be learn:
- Compute key financial ratios to interpret the entity’s performance and health;
- Prepare the entity’s Management Accounts;
- Formulate an evaluation of a business' financial statements.
- Analyse financial statements in order to gauge a business’ future performance.
Core Reading List
- Atrill, P., (2019). Financial Management For Decision Makers. 9th ed. Pearson.
- Hussain, S. and Warner, S., (2017). Finance Book - Understand The Numbers Even If You’re Not A Finance Professional. FT Publishing International.
Supplementary Reading List
- Wood, F., (2015). Business Accounting 1
- Wood, F., (2015). Business Accounting 2
- Bauerle, J., (2018). Accounting Quickstart Guide. ClydeBank Media LLC
- Claydon, T., and Beardwell, J., (2017). Human Resource Management a Contemporary Approach, 8th ed. Pearson.
Lecture 6 - Assessment Methods & Bonds & Stocks
Following this session students will learn to:
- Discuss the Assignment Question handed out during the Session;
- Go through the Group Presentations to be prepared by end of Module;
- Express how bonds and stocks work and their impact on a business’ structure;
- Identify factors which may distort an analysis;
Core Reading List
- Atrill, P., (2019). Financial Management For Decision Makers. 9th ed. Pearson.
- Hussain, S. and Warner, S., (2017). Finance Book - Understand The Numbers Even If You’re Not A Finance Professional. FT Publishing International.
Supplementary Reading List
- Wood, F., (2015). Business Accounting 1
- Wood, F., (2015). Business Accounting 2
- Bauerle, J., (2018). Accounting Quickstart Guide. ClydeBank Media LLC
- Claydon, T., and Beardwell, J., (2017). Human Resource Management a Contemporary Approach, 8th ed. Pearson.
Lecture 7 - Financial Forecasts
Following this session students will learn to:
- Apply their knowledge in practical situations;
- Prepare a company’s financial forecast;
- Report the results of an analysis
- Preparing a Business Plan and its Financials
- The benefits of Business Plans;
- The users of Business Plans, internal and external;
- The pitfalls to be avoided.
Core Reading List
- Atrill, P., (2019). Financial Management For Decision Makers. 9th ed. Pearson.
- Hussain, S. and Warner, S., (2017). Finance Book - Understand The Numbers Even If You’re Not A Finance Professional. FT Publishing International.
Supplementary Reading List
- Wood, F., (2015). Business Accounting 1
- Wood, F., (2015). Business Accounting 2
- Bauerle, J., (2018). Accounting Quickstart Guide. ClydeBank Media LLC
- Claydon, T., and Beardwell, J., (2017). Human Resource Management a Contemporary Approach, 8th ed. Pearson.
Lecture 8 - Tutorial Session 01
- Self Assessment sitting 2
During this session students will:
- Go through and discuss the correct answers of the Self-Assessment
- Discuss the contents of the presentation being prepared for the Group Presentation
Core Reading List
- Induction Session 03 slides
- All of the 1 to 7 sessions slides
Lecture 9 - Tutorial Session 02
During this session students will:
- Discuss the contents of the presentation being prepared for the Group Presentation
- Discuss the Assignments being drafted as part of the assessment method
Core Reading List
- Induction Session 03 slides
- All of the 1 to 7 sessions slides
Lecture 10 - Assessments
During this session students will:
- Receive the scored self-assessment
- Deliver the group presentations and answer to questions from both students and tutor
- Go through the last assignment issues, if any.
Methods of Assessment
Self Assessment 15% of final score - Students will be expected to sit for a multiple-choice test during the module's first lecture on 17 November 2023. Students will be handed out with the test sheet and their answers during the session 8 on the 13 December 2023 and will be asked to correct their own submission.
Group Presentation 20% of final score
Reflective Notes 10% of final score
1 Assignment 55% of final score
Assignment
You are required to choose one of the three questions available in the Assignment Submission Form made available by clicking the button below. The assignment must be submitted no later than Thursday, 20 February 2025 at 23:59 hrs., along with the Assignment Submission Form. Please ensure that you indicate the question you have addressed on the Assignment Submission Form.
The Assignment Submission Form will be made available here at a later date.
For guidance on how to plan, draft, and submit your assignment, please refer to the 21 Academy presentation on Writing and Submitting Your Assignment by clicking the button below.
Writing and Submitting Your Assignment
We are also providing the 21 Academy's Assignments Rubric for your reference. This rubric is a performance-based assessment tool that tutors will use for grading, and it will help you understand the requirements of the assignment and how it will be assessed.
Group Presentation
You will be asked to design and deliver a group presentation about a business you plan to create together. This will be the same group you worked together with in-class. The presentation should be delivered in 20 minutes and each member of the group should deliver part of the presentation . The presentation will be delivered on Wednesday 12 February 2025 between 17.30 and 20.30hrs.
A Presentation Rubric is being made available for your guidance below. This is a performance-based assessment tool. Tutors will use the rubric to assist them to allocate scoring while it allows students to understand what is required in the presentation and how your presentation will be graded.
Your presentation should be also be submitted in pdf format on Turnitin by not later than 24 hours before it is being delivered. Do not scan the presentation but convert/save it directly to pdf.
Note that the submitted presentations will be scanned for plagiarism.
Reflective Notes
Each student should submit Reflective Notes about their experience during the preparatory phase of the Group Presentation.
From here, you can download 21 Academy's Reflective Notes template in
In any case, the document has to be submitted to the academy through Turnitin no later than the day before the presentation is meant to be delivered in class. The Reflective Notes have to be submitted to the academy through Turnitin by not later than Tuesday 11 February, 2025 at 23.59hrs.
If you need information on how to write and keep your reflective notes for your involvement in the group work to prepare the presentation please refer to the Induction Presentation 03.