User Rating: 5 / 5
1.COURSE OBJECTIVES
- CO1: This module provides for student fundamentals of the regulatory framework relating to accounts preparation and the qualitative characteristics of useful information.
- CO2: The module concentrates in-depth on recording, processing, and reporting business transactions through drafting basic financial statements.
- CO 3: The module provides for students proficient English and practical skills.
- CO4: The module provides students with the capabilities of self-studying, working independently, well adapting to change.
- COURSE CONTENTS
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
Chapter 1: Introduction to accounting
2
2
1
4
1,5,6,7,8
2
Chapter 2: The regulatory framework
2
1
1
4
1,5,6,8
3
Chapter 3: The qualitative characteristics of financial information
2
1
2
5,5
1,2,4,5,6,7,8
4
Chapter 4: Sources, records and books of prime entry
2
1
1
7
1,2,5,6,7,8
5
Chapter 5: Ledger accounts and double entry
2
1
2
7
1,2,3,5,6,7,8
6
Chapter 6: From trial balance to financial statements
2
1
2
7
1,2,3,4,5,6,7,8
7
Chapter 7: Inventory
3
1
2
7
1,2,3,5,6,7,8
8-9
Mid-term exam
Chapter 8: Tangible non-current assets
3
1
2
7
1,2,3,5,6,7,8
10
Chapter 9: Intangible non-current assets
2
1
2
7
1,2,3,5,6,7,8
11
Chapter 10: Accruals and prepayments
2
1
1,5
4
1,2,3,5,6,7,8
12
Chapter 11: Provisions and contingencies
2
1
1
4
1,2,3,5,6,7,8
13
Chapter 12: Irrecoverable debts and allowances
2
1
2
7
1,2,3,5,6,7,8
14
Chapter 13: Sales tax
2
1
1
4
1,2,3,5,6,7,8
15
Chapter 14: Preparation of financial statements for sole traders
2
1
2
7
1,2,3,4,5,6,7,8
Total (hour)
30,0
15,0
22,5
82,5
- COURSE ASSESSMENT
- Score ladder: 10
- Type of assessment
Form
Content
Criteria
CLO
Proportion
Formative
Attendance, quiz, open questions
Explain the context and purpose of financial reporting; Define the qualitative characteristics of financial information; Record transactions and events; Prepare simple financial statements; Demonstrate skills in communication, presentation, criticism, debate and persuasion; Demonstrate English language proficiency; Being self-learning, being adaptive to constant change and being capable of working independently or in a team; Ensure professional ethics.
The number of attendances, participation and answering questions in class (5%)
Quick test, 20 minutes (5%)
1,2,3,4,5,6,7,8
10%
Midterm test
Explain the context and purpose of financial reporting; Define the qualitative characteristics of financial information; Recording transactions such as sale and purchases, cash, inventory; Preparing trial balance; Demonstrate English language proficiency; Being self-learning and being capable of working independently; Commit to ensuring professional ethics in the field of accounting and auditing.
MCQ + writing (60 minutes)
1,2,3,4,6,7,8
30%
Summative
Final test
Explain the context and purpose of financial reporting; Define the qualitative characteristics of financial information; Record transactions and events; Prepare simple financial statements; Demonstrate English language proficiency; Being self-learning and being capable of working independently; Ensure professional ethics.
MCQ + writing (90 minutes)
1,2,3,4,6,7,8
60%
Total:
100%