Week1a.introduction to Course

ACCOUNTING

EBF 1013

Course Introduction

Learning outcomes

• Identify the basic concepts and principles of accounting.

• Prepare accounts manually and are able to differentiate between preparation of year end financial reports on a manual and a computerized basis.

• Prepare a set of financial statements and use them to make decisions on an individual basis and in groups.

• Discuss accounting in the business context.

Proposed Timetable

1 Introduction

2 Manual Accounting Recording System – Double Entries, Posting Entries to Accounts

3 Journals & Ledgers, Fixed Assets, Receivables

4 Adjustments, Bank Reconciliation

5 Final Accounts – trial balance, trading and profit and loss account, balance sheet, cash flow statement

6 A Comprehensive Illustration

7 Partnerships, Corporations & Other Entities

Proposed Timetable

MID-SEMESTER BREAK

8 Mid-semester Exam

9 Financial Statement Analysis & Performance

10 Costing

11 Organisational Budgeting

12 Accounting ethics

13 Computerised accounting applications

14 Revision

Assessment

Individual assignment

(Refer to syllabus for details) 25%

Group assignment

(Refer to syllabus for details) 20%

Mid-semester exam 25%

Final exam 30%

Total 100%

References

• Mohamad, R. et al. (2011). Accounting: A Malaysian Perspective (4th ed.). Malaysia: Cengage Learning.

• Look for it at • My Bookstore, Lot 234, Jalan Haji

Taha, 93400 Kuching. • Tel: 082-416606, 429157 • H/p: 016-8905674

Other information

Morpheus

• Syllabus, lecture slides, tutorial questions,

announcements, etc will be disseminated

via Morpheus

• http://morpheus.calm.unimas.my

My contact information:

• FEB, Room 34, Level 3

• Tel ext: 4419, Email add:

[email protected]