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Regular version of the site

Introduction to Financial Accounting

2021/2022
Academic Year
ENG
Instruction in English
2
ECTS credits
Course type:
Bridging course
When:
1 year, 1 module

Instructor

Course Syllabus

Abstract

This is an introductory course serves as a pre-requisite for Financial Accounting and Financial Analysis course. Students will learn about accounting as an information and communication function that supports the management planning, control and decision-making processes integral to achieving organizational objectives.
Learning Objectives

Learning Objectives

  • The aim of the course is to provide students with the basic theoretical knowledge and practical skills in financial accounting and analysis.
Expected Learning Outcomes

Expected Learning Outcomes

  • Demonstrate an innovative, open and ethical mindset.
  • Have an idea about the place and the role of financial accounting in the system of management of the economic entity.
  • Have basic practical skills in financial accounting and analysis.
  • Understand the conceptual framework of accounting and the purpose, structure and content of the financial reporting in the modern market economy.
  • Understand the essence of accounting terms and to use them properly.
  • Use analytical skills and apply them to solve practical problems.
Course Contents

Course Contents

  • Topic 1. What is accounting and it's role in business
  • Topic 2. Financial Statements and Accounting Principles
  • Topic 3. The bookkeeping process and transaction analysis
  • Topic 4. Fundamental interpretations made from financial statement data
Assessment Elements

Assessment Elements

  • non-blocking Final exam test
    Individual, in-class, open-book, in SmartLMS. Each question in the test = 1 point.
  • non-blocking In-class activities
    Questions and exercises; individual or in small groups, open book, in SmartLMS
Interim Assessment

Interim Assessment

  • 2021/2022 1st module
    0.6 * Final exam test + 0.4 * In-class activities
Bibliography

Bibliography

Recommended Core Bibliography

  • Financial accounting, Libby, R., 2016
  • Weygandt, J. J., Kieso, D. E., & Kimmel, P. D. (2017). Financial Accounting (Vol. Tenth edition). Hoboken, NJ: Wiley. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsebk&AN=1639274

Recommended Additional Bibliography

  • BPP LEARNING MEDIA. (2017). FIA FOUNDATIONS OF FINANCIAL ACCOUNTING FFA (ACCA F3) : Passcards. BPP Learning Media.