ACC1013

Download as pdf or txt
Download as pdf or txt
You are on page 1of 5

No Subject Details

1 Name of Course/Module : ACCOUNTING FOR DECISION MAKERS


2 Course Code : ACC 1013
3 Name(s) of academic staff : Nadiah Mohd Noordin
4 Rationale for the inclusion of the course/module in the programme:
 This subject constitutes one of the core areas in business that graduates must have to qualify for the degree and to
be competent in their job.
 It introduces financial accounting by analyzing the accounting function and the preparation of the conventional
financial statements to equip students with financial management skills.
5 Semester and Year offered : Year 1, Semester 1
6 Face to Face Total Guided and
Total Student Learning Others
Lecture Tutorial Practical Independent Learning
Time (SLT)
30 12 Nil Assessment = 78 120
7 Credit Value :3
8 Prerequisite (if any) : Nil
9 Learning outcomes:
After completing this course, students will be able to:
 Discuss and explain the nature and purpose of accounting.
 Prepare and interpret financial statements according to conventional methods of accounting.
 Identify, analyse and evaluate financial information relevant to the operating, investing and financing decisions of a
business entity.
 Organise, calculate and analyse cost information relevant to organisational control and decision making.
 Demonstrate a growing awareness of the ethics within the accounting environment.
10 Transferable Skills:
Able to prepare financial statements according to conventional methods of accounting for any business entity or time frame, to
analyse and interpret financial statements to establish a business entity’s financial position, and to provide relevant
recommendation on operating, investing and financing decisions for a business entity.
11 Teaching-learning and assessment strategy

Midterm 20%
Quizzes 10%
Project 20%
Examination 50%
Grand Total 100%
12 Synopsis
Financial accounting and management accounting concepts provide the very foundation for business decision making. This
course provides an introduction to financial accounting by analysing the accounting function and the preparation of
conventional financial statements. Students will develop the initial skills of financial management while beginning to engage in
appropriate ethical practices.
13 Mode of Delivery
Conventional face-to-face with an independent study and self-assessment component
14 Assessment Methods and Types
Midterm: 20%
Quizzes: 10%
Project : 20%
Final Exam :50%
(Short Answer and Long Answer Questions: 3hrs)
15 Mapping of the course/module to the Programme Aims

Subject PO1 PO2 PO3 PO4

ACCOUNTING FOR DECISION MAKERS √ √ √


-

16 Mapping of the course/module to the Programme Learning Outcomes

Learning Outcomes PLO1 PLO2 PLO3 PLO4 PLO5 PLO6 PLO7 PLO8 PLO9
Discuss and explain the nature and
√ √ √ √ √ √ - - -
purpose of accounting.
Prepare and interpret financial
statements according to conventional √ √ √ √ √ √ √ √ √
methods of accounting.
Identify, analyse and evaluate
financial information relevant to the
√ √ √ √ √ √ √ √ √
operating, investing and financing
decisions of a business entity.
16 Learning Outcomes PLO1 PLO2 PLO3 PLO4 PLO5 PLO6 PLO7 PLO8 PLO9
Organise, calculate and analyse cost
information relevant to organisational √ √ √ √ √ √ √ √ √
control and decision making.
Demonstrate a growing awareness of
the ethics within the accounting √ √ √ √ √ √ √ √ √
environment.

17 Content outline of the course/module and the SLT per topic

Hour
Topic
Lecture Tutorial Practical SLT Total SLT
UNIT 1:
INTRODUCTION TO ACCOUNTING AND
DIFFERENT ACCOUNTING ENTITIES
 What is management accounting? 2 1 6 9
 What information do managers need?
 Managerial accounting and financial
accounting
UNIT 2:
MEASURING AND REPORTING FINANCIAL
POSITION 2 1 6 9
 Reporting of financial information
 Reporting non-financial information
UNIT 3:
MEASURING AND REPORTING FINANCIAL
PERFORMANCE
2 1 8 11
 How to measure financial performance of
an organization?
 Evaluation of financial performance
UNIT 4:
MEASURING AND REPORTING CASH FLOWS
 Dealing with cash inflows and outflows 4 1 6 11
 Cash flows in merchandising organization
UNIT 5:
TECHNIQUES FOR ESTIMATING FIXED AND
VARIABLE COST
2 1 6 9
 Contribution margin statement
 Account classification methods
 High-low method
UNIT 6:
STRATEGIC PLANNING AND CONTROL
2 1 6 9
 Strategic cost planning
 The value chain system
UNIT 7:
COST-VOLUME-PROFIT ANALYSIS & MARGINAL
ANALYSIS
4 1 8 13
 The cost volume profit (CVP) relation
 CVP relation and profit planning
 Evaluating operating risk
UNIT 8:
FULL COSTING
 Cost allocation
2 1 6 9
 Process costing
 Incentives and cost allocation
 Activity based management
UNIT 9:
BUDGETING
 Budget as the basis for control 2 1 6 9
 Interpreting and using variances
 Market size and market share variances
UNIT 10:
CAPITAL INVESTMENT DECISIONS
 Roles of capital budgets
2 1 6 9
 Elements of capital cash flows
 Discounting cash flow techniques in capital
budgeting
UNIT 11:
THE MANAGEMENT OF WORKING CAPITAL
4 1 8 13
 Characteristics of short term decision
 Fixed supply of capacity
UNIT 12:
 Changing of accounting trend in different
2 1 6 9
economies
 Role of information system in Accounting
ASSESSMENT METHODS AND TYPES
Mid Term : 20%
(1 tests x 2 hour / test : 2hrs)
Quiz: 10%
(3 quizzes x 1hour / test : 3hrs)
Project : 20%
( 1 report x 20 : 20)
Final Exam :50%

Total 30 12 - 78 120
Total credit hour 3
18 Main reference:
 Financial Accounting: Tools for Business Decision Making – October 9, 2012 by Paul D. Kimmel , Jerry J.
Weygandt , Donald E. Kieso

Additional reference:

 Financial Accounting – July 10, 2013 by J. David Spiceland , Wayne Thomas , Don Herrmann
19 Other additional information: Nil

You might also like