To provide students with an understanding of the use of financial statements from a decisionmaking perspective. To introduce students to accounting concepts and principles To develop skills to account for business transactions and prepare financial statements. Ethical issues will also be discussed throughout the course.
Financial Statements; Processing Accounting Information Accrual Accounting and The Financial Statements; Internal Control & Managing Cash Receivables; Merchandise Inventory, Cost of Goods Sold and Gross Profit. Fixed Assets, Intangible Assets and Related Expenses; Current and Long-Term Liabilities Shareholders’ Equity Cash Flow Statement
* E-Course guide * Recommended Text
The course will follow closely Chapters 1-13 of the text
Course Presentation * The learning process for this course is structured along the following : - Self-study through online learning (Online or CD) - 6 seminars - Working on the Group Based Assignment.
Seminar 1 Seminar 2 Seminar 3 Seminar 4 Seminar 5 Seminar 6 The Financial Statements Transaction Analysis Accrual Accounting and the Financial Statements Internal Control and Managing Cash Short-Term Investments and Receivables Inventory and Cost of Goods Sold Fixed Assets, Intangible and Related Expenses Current and Long Term Liabilities Shareholders’ Equity Statement of Comprehensive Income Introduction to the Statement of Cash Flows Preparation of the Statement of Cash Flows using the Direct Method.
Chapters in text
1 2 3 4 5 6 7 8 9 10 12 13
Assessment TMA01 TMA02 Examination TOTAL Description Group based case assignment Discussion forums (Total of 2) Computations and short essay-type questions Weight Allocation 30% 20 % 50% 100%
You will be tested on all the topics covered in the seminars as well as the eLearning... [continues]
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