King Abdulaziz University
Faculty of Economics & administration
Accounting Department
First Semester (2012)
Accounting 213
Course title: Principles of Accounting II
English Code no.: Acct 213
Credit Hours: 3
Section: DA (Sunday & Tuesday)
Time: 09:30 – 10:50
Pre requisite Course: Acct. 117
Instructor :Khalid Said Bashnini
Office no. : 341, 3rd floor, Faculty of E&A
Phone no. : 6952000 Extension ( 68673)
E – mail: kbashnini@ hotmail.com
E – site: http:// kbashnini.kau.edu.sa/
Office hours: Sat.
11:16:00
Sun. & Tues.
12:30 – 14:30
Course Description:
This course introduces the accounting system for a large size company where the special journals and
subsidiary ledgers are used. It covers the major characteristics and accounting entries for formation and
profit distribution of partnerships and corporations. Financial statements analysis is also included.
Classifications of manufacturing costs and the flow of costs in a job order costing system and break-even
analysis are also covered.
Course Objectives:
1.
2.
3.
4.
Analyze and record transactions for large-size companies.
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.
5. Analyze the break-even point.
Course Outcomes:
By the end of this course, students should be able to:
1. Handle records of large size companies.
2. Recognize company's formation (both partnership and corporation), and distribution of their
profits.
3. Analyze financial statements.
4. Determine the unit cost for job order systems.
Assessment Methods:
1. Exams:{ Mid- term Exam. (30 points ); Second- Exam. (30 points); Final – Exam. (40
points)}
2. Participation.
3.Assignments
Main Reference:
Weygandt, Kimmel and Kieso. Accounting Principles, International Students Version. (John Wiley &
Sons, Inc., 9th ed., 2010).
1
Supplementary Reference:
Larson, Wild, and Chiappetta. Fundamental Accounting Principles, (McGraw-Hill, 17ed, 2005).
Acct. 213 Syllabus
Chapter
CH.7
Contents
Accounting Information Systems:
1. SUBSIDIARY LEDGER.
2. SPECIAL JOURNALS
Ch.12
Accounting for Partnership:
1. THE PARTNERSHIP FORM OF ORGANIZATION.
2. BASIC PARTENERSHIP ACCOUNTING
3. THE BASES FOR DIVIDING NET INCOME OR NET LOSS
4. PARTNERSHIP FINANCIAL STATEMENTS
CH.13
Corporations: Organization and Capital Stock Transactions:
1. THE CORPORATE FORM OF ORGANIZATION
2. ACCOUNTING FOR ISSUES OF COMMON STOCK
3. PREFERRED STOCK
4. STATEMENT PRESENTATION
Page
300-321
305- 307
308-321
528- 538
528-532
533-538
568-591
570-579
579-582
586-587
587-588
Mid -term Exam. ( Covers CH.7, 12 and 13)
CH.14
CH.18
CH.19
CH.20
CH.22
Corporations: Dividends, Retained Earnings, and Income Reporting:
1.DIVIDENDS: Cash Dividends, Stock Dividends, Stock Splits.
Financial Statement Analysis:
1. BASICS OF FINANCIAL STATEMENT ANALYSIS.
2. HORIZONTAL ANALYSIS.
3. VERTICAL ANALYSIS.
4. RATIO ANALYSIS.
Managerial Accounting
1. MANAGERIAL COST CONCEPTS: Manufacturing cost, Direct Materials, Direct
Labor, Manufacturing Overhead
Second Exam. ( Covers CH.14, 18 and 19)
Job Order Costing:
1. COST ACCOUNTING SYSTEMS.
2. JOB ODER COST FLOW.
Cost – Volume – Profit (CVP):
1. COST BEHAVIOR ANALYSIS: Variable Costs, Fixed Costs, Mixed Costs.
2. COST-VOLUME-PROFIT (CVP) ANALYSIS: Basic Components, CVP Income
Statement, Contribution Margin Per Unit, Contribution Margin Ratio, Break-Even
Analysis, Target Net Income, Margin of Safety.
606-617
790-811
792-793
793-796
797-799
799-811
849-850
849-850
886-905
888-890
890-905
--------976-983
983-991
Reference site:
http://eu.wiley.com/WileyCDA/WileyTitle/productCd-0470409460.html
Students
Companion Sites
:‫كيفية الدخول إلى موقع المحاضر‬
http:// kbashnini.kau.edu.sa /‫ ادخل إلى موقع المحاضر‬.1
..‫ أدخل إلى خانة الملفات ثم أضغط على السيره الذاتيه‬.2
2