Apply Now
  • Home
  • ZUG2041 – Accounting, finance and costing for entrepreneurs

ZUG2041 - Accounting, finance and costing for entrepreneurs

15 Credits


This module aims to introduce students to the basic concepts in accounting, finance and costing and the application of these concepts for decision-making by entrepreneurs. On the successful completion of this module an individual should have a clear understanding of the basic accounting system from the recording of transactions to the financial statements, the importance of cash flow and sources of finance and the contribution of basic costing principles that influence pricing decisions and help to control overheads as used in an entrepreneurial business environment.

The topics covered include principles of accounting; accounting transactions; use of accounting software; financial statements and ratios; budgets; break even analysis and pricing decisions; financial growth and business value and business problems and turnaround strategies.

Undergraduate – Module

Refer to the specific census and withdrawal dates for the semester(s)/term(s) in which this module is offered.


  • First Semester 2019


  • Record basic transactions; prepare the financial statements and the financial statement ratios
  • Prepare a basic budget and cash flow while considering the sources of available finance
  • Prepare a basic breakeven analysis and to understand the impact thereof on the pricing decision and the influence of overheads on the enterprise
  • Identify the signs of trouble and the possible turn around strategies


  • Within semester / term assessment: 40%
  • Examination: 60%

Workload requirements

Minimum total expected workload to achieve the learning outcomes for this module is 150 hours typically comprising a mixture of scheduled learning activities and independent study. Independent study may include associated readings, assessment and preparation for scheduled activities. The module requires on average three/four hours of scheduled activities per week. Scheduled activities may include a combination of teacher directed learning, peer directed learning and online engagement.