1. COURSE DESCRIPTION
This module is designed for students with little background in general accounting. The main purpose of the module is to provide a basic understanding of financial accounting fundamentals including accounting assumptions and principles, together with qualitative characteristics of accounting information will be discussed in depth. In addition, how business transactions are recorded and communicated to users through financial statements will be discussed. Students will develop basic technical skills needed to analyze financial statements through ratio analysis for financial analysis purpose.
2. COURSE CONTENT
|
No. |
Contents |
Time Allocation |
Contribution to CLO |
|||
|
Hour(s) on the class |
Essays, exercise, Assignments (3) |
Self-study with teacher’s tutorials (4) |
||||
|
Lecture (1) |
Practice, Seminar (2) |
|||||
|
1-3 |
Chapter 1: Accounting in action |
6 |
3 |
4,5 |
16,5 |
1,2,3,5,6,8,9 |
|
4-5 |
Chapter 2: The recoding process |
4 |
2 |
3 |
11 |
3,5,6,8,9 |
|
6-7 |
Chapter 3: Adjusting the accounts |
4 |
2 |
3 |
11 |
1,3,5,6,8,9 |
|
8-9 |
Chapter 4: Completing the accounting cycle |
4 |
2 |
3 |
11 |
3,4,5,6,8,9 |
|
10-11 |
Chapter 5: Accounting for Merchandising operations |
4 |
2 |
3 |
11 |
3,4,5,6,8,9 |
|
12-13 |
Chapter 6: Inventory |
4 |
2 |
3 |
11 |
3,5,6,7,8,9 |
|
14 |
Chapter 14: Statement of cash flows |
2 |
1 |
1,5 |
5,5 |
3,4,5,6,8,9 |
|
15 |
Review |
2 |
1 |
1,5 |
5,5 |
1,2,3,4,5,6,7,8,9 |
|
Total hours |
30 |
15 |
22,5 |
82,5 |
||
3. COURSE ASSESSMENT
– Score ladder: 10
– Type of assessment
|
Form |
Content |
Criteria |
CLO |
Proportion |
|
|
Formative |
Attendance |
In class participation |
The number of attendances and participation in lesson |
1,2,3,4,5,6,7,8,9 |
10% |
|
Mid-term exam |
Multiple choice and short answer question
|
Covers chapter 1-4 In 40-60 minutes
|
1,2,3,4,5,6,8,9 |
30% |
|
|
Summative |
Final exam |
Essays and problems |
Covers 7 chapters In 60-90 minutes |
1,2,3,4,5,6,7,8,9 |
60% |
|
|
|
|
Total: |
100% |
|