1. COURSE DESCRIPTION
Accounting information is essential for decision making process as accounting is considered to be the language of business. After finishing financial accounting module, students should be able to comprehend the most fundamentals of accounting. The course describes and illustrates financial accounting concepts and techniques essential to the administration of a business enterprise. The financial accounting module will provide students specific accounting practice of major elements of the financial statements in a merchandising business. The main content will cover items of financial statements such as inventory, cash, receivables, and long–lived assets as well as disclosure requirements for them in financial reporting. Students will develop the 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) |
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|
Lecture (1) |
Practice, Seminar… (2) |
|||||
|
1-2 |
Chapter 1: Accounting in action |
4 |
2 |
3 |
11 |
1,2,3,5,6,7,9,10 |
|
3-4 |
Chapter 2: The recoding process |
4 |
2 |
3 |
11 |
3,5,6,7,9,10 |
|
5-6 |
Chapter 3: Adjusting the accounts |
4 |
2 |
3 |
11 |
1,3,5,6,7,9,10 |
|
7 |
Chapter 4: Completing the accounting cycle |
2 |
1 |
1.5 |
5.5 |
1,3,5,6,7,9,10 |
|
8-9 |
Chapter 5: Accounting for Merchandising operations |
4 |
2 |
3 |
11 |
1,3,5,6,7,9,10 |
|
10-11 |
Chapter 6: Inventory |
4 |
2 |
3 |
11 |
1,3,4,9,10 |
|
12 |
Chapter 7: Fraud, internal control and cash |
2 |
1 |
1,5 |
5,5 |
4,7,8,9,10 |
|
13 |
Chapter 8: Accounting for receivables |
2 |
1 |
1,5 |
5,5 |
4,7,8,9,10 |
|
14 |
Chapter 9: Plant assets, Natural resources, and Intangible assets |
2 |
1 |
1,5 |
5,5 |
4,7,8,9,10 |
|
15 |
Chapter 14: Statement of cash flows |
2 |
1 |
1,5 |
5,5 |
3,6,7,8,9,10 |
|
Total hours |
30 |
15 |
22,5 |
82,5 |
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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 |
10% |
|
Mid-term exam |
Multiple choice and short answer question
|
Covers chapter 1-4 In 40-60 minutes
|
1,2,3,5,6,7,9,10 |
30% |
|
|
Summative |
Final exam |
Essays and problems |
Covers 7 chapters In 60-90 minutes |
1,2,3,4,5,6,7,8,9,10 |
60% |
|
|
|
|
Total: |
100% |
|