King Abdulaziz University
Faculty of Economics & administration
Accounting Department
First Semester (2014)
Accounting 213
Course title: Principles of Accounting II
English Code no.: Acct 213
Credit Hours: 3 Credits
Section: GB (Monday & Wednesday)
Time: 11:00 – 12:20
Pre requisite Course: Acct. 117
Instructor : Turki Jabarah ALJohni
Office no. : 3136, 3rd floor, Faculty of E&A
Phone no. : 6952000 Extension (68673)
E – mail: gabarah@gmail.com
E – site: http://www.kau.edu.sa/DRS0007186.aspx
Office hours: Sun.
10:00 - 15:00
Mon. & Wed.
12:30 – 15:00
Course Description:
This course covers the major characteristics and accounting entries for formation and profit
distribution of partnerships and corporations. Financial statements analysis is also included. A
classification of manufacturing costs is also covered.
Course Objectives:
1.
2.
3.
4.
Study accounting for receivables and fixed assets.
Analyze record and report transactions for partnerships and corporations.
Analyze and interpret financial statements.
Summarize and apply financial and managerial accounting terms, concepts and principles
Course Outcomes:
By the end of this course, students should be able to:
1. Analyze and record account receivables and fixed assets.
2. Recognize company's formation (both partnership and corporation), and distribution of
their profits.
3. Analyze financial statements.
4. Application of managerial accounting terms, concepts and principles
Assessment Methods:
Exams :{ Mid- term Exam. (30 points); Second- Exam. (30 points); Final – Exam. (40
points)}
Main Reference:
Weygandt, Kimmel and Kieso. Accounting Principles, 9th Edition, International Students Version.
(John Wiley & Sons, Inc, 2010).
Supplementary Reference:
Larson, Wild, and Chiappetta. Fundamental Accounting Principles, (McGraw-Hill, 17ed, 2010).
Attendance:
1. Class attendance is very important to achieve the best understanding of the course material
since topics are closely related and dependent. Each class benefits from the attendance and
participation of all students. Late arrivals are disruptive to the class and show disrespect to
1
those who are on time. Students who miss 25% of term lectures will get a “DN” grade.
2. Attending the Tutorial classes is highly recommended as this will enable you understand the
material faster.
Minimizing Disruptions:
Mobile phones should be turned off during class. You should avoid engaging in side conversations
during class
Cheating:
Cheating of any form will result in your being assigned an “F” grade for the course. Note that you
may not use your mobile phone during lectures and examinations.
Examination Absence:
If you miss an examination, you will be assigned a grade of “0” for the particular exam. Note that
a make-up examination will not be administered.
Acct. 213 Syllabus
Chapter
CH. 9
Contents
Accounting for Receivables
Pages
396 - 415
CH. 10
Plant Assets, Natural Resources, and Intangible Assets
436 - 459
Mid -term Exam. ( Covers CHs .9 and 10) - Thursday 4-1- 1435 H; 2-4
pm.
Ch.12
Accounting for Partnership
526 - 544
CH.13
Corporations: Organization and Capital Stock Transactions
568 - 588
CH.14
Second Exam. ( Covers CHs. 12 and 13) - Thursday 9-2- 1435 H ; 2-4 pm.
Corporations: Dividends, Retained Earnings, and Income Reporting
606 - 623
CH.18
Financial Statement Analysis
790 - 817
CH.19
Managerial Accounting
842 - 860
Final Exam. ( Comprehensive; Covers CH. 14, 18, 19 and previous
chapters)
2