Oman College of Management & Technology
COURSE SYLLABUS
Department of Administrative
and Financial Sciences
Course Code & Title
Semester
Instructor
Class Schedule
Office Hours
Web Site
E-mail
(203301) Specialized Financial Accounting
First Semester; 2015-2016
Dr. Mubarak Ali
Sunday, Tuesday and Thursday
(9..30 to 10.30)
Monday and Wednesday (8.30 to 10.00)
www.omancollege.edu.om/mubarek
mubarak.ali@omancollege.edu.om
Teaching Methods:
The course will be based on the following teaching and learning activities:
•
Class lecturers using power point
•
Solving exercises
•
In-class Discussion on important concepts.
Course Description:
The course deals accounting methods applicable to specialized forms of business
organizations engaged in special types of business transactions such as consignment,
joint-venture, hire purchase and departmental transactions and accounting from
incomplete records..
Course Objectives:
The primary objective of the course is to facilitate the learner to acquire skills and knowledge in
advanced level of accounting methods applicable to special types of business enterprises and
develop an insight in to the different methods applicable on specialized financial transactions..
Learning Outcomes:
After completing the course, the students will be able to develop skills in advanced level
of accounting methods applied in special types of business organizations.
Course Time Table:
Week
1
2
3
4
5
Syllabus
Topics
Introduction to consignment
Accounting methods applicable to consignment
Different types of accounting methods
Performa journal entries and ledger accounts
Practical exercises
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Cost Accounting-2
6
7
8
9
10
11
12
13
14
15
16
Practical exercises
First Exam
Introduction to Joint venture
Accounting aspects relating to joint ventures
Pro forma journal entries and ledger accounts
Practical exercises
Second Exam
Hire Purchase and Installment system
Accounting treatment for hire purchase and installment
Practical exercises
Final Exam
Students Activity
Students are expected to undertake take home assignments in topics of
special importance in cost accounting
Textbook/References:
• Horngren, Datar and Foster, Advanced Accounting (a managerial
emphasis), 12th edition: Prentice Hall
Performance Evaluation:
The grade will be based upon the following:
First Exam
Second Project (Exam)
Class Participation & Activity
Final Project (Exam)
20%
20%
10%
50%
Student Responsibility:
• M o b i l e phones must be turned off during class time.
•
•
•
•
•
Students are expected to participate in class discussion and critiques. Failure to do so will result
in grade reduction.
Students are expected to follow OCMT’s standardized attendance policy. Lecture attendance is
mandatory. Students are allowed maximally of 15% absentia of the total module hours.
Students are required to work on projects in and outside of class, and must complete all
assignments.
Meeting all deadlines and complete all assignments, (Late papers will not be accepted).
Coming on time and staying till class is over.
Syllabus
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Cost Accounting-2