College: Business Administration

CBA Course Syllabus Template

Department: Accounting
Program: BSc Accounting
Academic Year: 2022 - 2023
Semester: Fall ✘ Spring

1.
ACC205 Course Code: Principles of Accounting Course Title:

Number of Credit Hours, Contact Hours, and Prerequisites:

Credit Hours: 3 Theory: 3 Lab: Tutorial:
Contact Hours: 3 Theory: 3 Lab: Tutorial:
Pre-requisite(s) (if any): -
Co-requisite(s) (if any): -

Approval Date: July 2021

2. Instructor’s Name and Contact Information:

Name: Dr. Mohamad Ariff Bin Kasim Office No.:
E-mail: [email protected] Office Tel.: 0501794653
Class Time: Office Hours:

3. Catalog Course Description:

Financial Accounting is concerned with the provision of financial information to the different users such as
external and internal users. The term accounting refers to the activities of collecting, recording, processing and
communicating economic events to the users of accounting information. The course covers the recording
process, adjustments, completing accounting cycle, accounting for merchandising operations and relevant
accounting techniques for accounting receivable, inventories and plant assets.

4. Course Learning Outcomes (CLOs):

Upon successful completion of the course, students will be able to:
Corresp QFE
onding ( K, S, Course Learning Outcomes (CLOs)
PLO AR, RC,
SD)
PLO 1 K, S CLO 1: Apply the basic accounting equation in recording business transactions.
PLO 1 S CLO 2: Prepare adjusting entries and completing accounting cycle for business
transactions.
PLO 1 S CLO 3: Prepare accounting entries for merchandising operations to record and evaluate

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 inventories.

PLO 1 S CLO 4: Use information systems to prepare subsidiary ledgers, journals, reconciliations,
and apply cash control.
PLO 1 K, S CLO 5: Recognize receivables and determine the relevant costs for plant and intangible
assets.

5. Assessment Strategy:

# Assessment Week Weight Link to

Type % Learning Outcome
1 Test 1 14/2/2023 4 15 1,2
2 Mid-term Exam 13/3/2023 8 20 1,2, 3
3 Assignments 3, 7, 11, 13 35 2, 3, 4 &5
4 Final Exam 16 30 4, 5
Total 100

6. Week-by-week Course Topics and Contents (Theory Class):

Corresponding Class Chapter

CLOs (#) Core Reading / Study Material Week
Tutorials
 CLO 1  E 1.6 Accounting in Action 1 1
 E1.11  What is Accounting
 P1-1  The Building Blocks of Accounting
 P1-5  The Basic Accounting Equation
 CT1.3  Using the Accounting Equation
 CT1.6
 CLO 1  BE2.5 The Recording Process 2 2
 E2.9  The Account
 E2.9  Steps in Recording Process
 CLO 1  P2-1 The Recording Process 2 3
 P2-2  The Trial Balance
 P2.4
 CT2.1
 CT2.8
 CLO 2  E3.1 Adjusting the Accounts 3 4
 E3.4  Timing Issues
 E3.5  The Basics of Adjusting Entries
 E3.7
 CLO 2  E3.13 Adjusting the Accounts 3 5
 P3-1  The Adjusted Trial Balance and Financial
 P3-2 Statements
 P3.5
 CT3.3
 CLO 2  E4.1 Completion of the Accounting Cycle 4 6
 E4.7  Preparing Worksheet
 E4.10  Closing the Books
 E4.14
 CLO 2  P4-1 Completion of the Accounting Cycle 4 7
 P4-4  Accounting Cycle – A Summary
 P4.5  The Classified Balance Sheet
 CT4.4

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  CT4.7
 CLO 3  E5.3 Accounting for Merchandising Operations 5 8
 E5.5  Recording Purchases of Merchandise
 E5.9  Recording Sales of Merchandise
 E5.11
 CLO 3  P5.1 Accounting for Merchandising Operations 5 9
 P5.4  Completing Accounting Cycle
 P5.8  Forms of Financial Statements – Income
 ACR5 Statement
 CT5.4
 CLO 3  E6.1 Inventories 6 10
 E6.4  Classifying Inventory
 E6.7  Determining Inventories Quantities
 E6.11
 CLO 3  P6.5 Inventories 6 11
 P6-6  Periodic Vs. Perpetual
 P6-10  Inventory Errors
 CT6.1
 CLO 4  E 7.1 Accounting Information Systems 7 12
 E7.5  Basic Concepts of Accounting Information
 E7.7 System
 P7.4  Subsidiary Ledger
 P7.6  Special Journals
 CLO 4  E8.3 Internal Control & Cash 8 13
 E8.7  Overview on Internal Control
 E8.8  Cash Controls
 P8.4  Control Features: Use of a Bank
 P8.5  Reporting Cash
 CLO 5  E9.4 Accounting for Receivables: 9 14
 E9.4  Types of Receivables
 P9.1  Account Receivable
 P9.6  Notes Receivable
 CLO 5  E10.1 Plant Assets and Natural Resources 10 15
 E10.2  Plant Assets
 E10.16  Determining the cost of Plant Assets
 P10.1  Expenditures During Useful Life
 Natural Resources
Final Exam 16

7. Teaching and learning methodologies, including any use of online instruction:

Teaching Method/Instruction S. No
 Lecturers 1
 Lecture Based Learning 2
 Tutorials 3
 Assignments 4
Presentation 5
Case analysis 6
Project Report 7
Seminars 8
Class participation / Reading 9
Online Discussion / Instructions 10
Guest Speaker Sessions 11
Others (specify) 12

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 8. Course texts, recommended readings, instructional material and learning resources.
a) Course Text book
Title: Accounting Principles
Author(s): Weygandt, Kimmel, and Kieso.
Edition: IFRS Version, Global Edition
Publisher: John Wiley & Sons
Publishing Year: 2019
ISBN: 978-111911017
b) Reference books or recommended readings:
1) Kieso, Weygandt and Warfield: Principles of Financial Accounting; 12 th. Ed., Wiley, 2015.ISBN: 978-1-
118-97874-0
2) Peter Scott; Introduction to Accounting; Oxford University press, 2018; ISBN: 978-0-19-878328-2.
3) John J. Wild, Ken Shaw, Barbara Chiappetta, and Khaled Samaha; Fundamentals of Accounting
Principles; McGraw Hill, 2nd. Edition, ISBN: 139780077164393.
c) Instructional material and learning resources:
Instructional materials will be provided through online learning system (Moodle).

9. Course Requirements and Policies

The students are required to fully understand and observe the following policies of the university:

a. Attendance Policy
The students are required to attend and participate fully in the classes and other sessions scheduled for their
respective course(s). An absence of 25% of the course classes will result in a withdrawal/fail in the course (WF).
The students must also read and comprehend the “Attendance Policy” which is published in the Student
Handbook.
Link: https://www.ajman.ac.ae/en/admissions/undergraduate/student-handbook.html
b. Academic Integrity Policy
AU is committed to enforcing a strict code of academic integrity in its academic pursuits. The academic integrity
code of the university prohibits all forms of academic dishonesty. This includes cheating and plagiarism and
applies to all courses, assignments, projects reports/dissertations or exams completed by students. The
University does not tolerate any violation of academic misconduct and imposes a strict system of penalties. For
more details, refer to the student handbook.
Link: https://www.ajman.ac.ae/en/admissions/undergraduate/student-handbook.html
c. Grading System
The University uses the relative grading system, which is based on a four-point scale. An overall grade will be
assigned on the following grading scale.
Grades A B+ B C+ C D+ D F
Points 4.0 3.5 3.0 2.5 2.0 1.5 1.0 0
Marks % 90-100 85-89 80-84 75-79 70-74 65-69 60-64 <60

10. Assignment Details:

No. Question No. Due Date
1 Assignment 1 (Class) P2.3 Week 3
2 Assignment 2 (Moodle) P4.3 Week 7
3 Assignment 3 (Class) P6.8 Week 11
4 Assignment 4 (Moodle) P8.6 Week 13
5 Assignment 5 (Class) P9.3 Week 14

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