Prep-course FA Outline
Finance
techniques
Module
> 75%
Knowledge
Check
Financial
Accounting
Module
25% - 75%
< 25%
Foundations
of
Accounting
Module
Multiple choice test in SOWISO
Lecture video
Textbook references
Exercise solution videos
AFM prep-course Financial Accounting
Classification: Internal
Knowledge
Check
Knowledge
Check
The
knowledge checks are multiple
choice tests in SOWISO. The tests consist
of 20 questions on the 6 topics in Financial
Accounting. After having submitted the
test, you can see:
• your score (% of correct questions)*
• solutions
• references to the topic and materials
→ Get started!
-
To access the platform, you first need to register for the
course with your ERNA account via the unique link below:
-
MScBA Accounting and Financial Management:
https://cloud.sowiso.nl/saml/surf/ZW5yb2xsL010aWRheVhF
-
Once you’ve done this, your account is connected to the
course and you can simply log in via http://eur.sowiso.nl
-
The test appears under “tests” labeled Financial Accounting
*) The scores in the flow chart are indicative only. It is highly recommended to review the questions that you answered incorrectly and study the accompanying materials
AFM prep-course Financial Accounting
Classification: Internal
Financial
Accounting
Module
This module reviews key elements of
Financial Accounting. The module
consists of 6 topics. For each topic,
there is a 20 min. lecture video,
references to relevant chapters of the
textbook and videos with solutions to
end-of-chapter exercises (+/- 10
exercises per topic).
Topics
1. Financial statements &
Conceptual Framework
2. Inventory
3. Property, Plant & Equipment
4. Intangible assets
5. Investments
6. Liabilities
7. Shareholders’ Equity
8. Financial statement analysis
Textbook:
Financial Accounting; International Financial
Reporting Standards. 11th edition*
Walter T. Harrison, Charles T. Horngren, C. William Thomas &
Wendy M. Tietz
ISBN 9781292211145
*) The 9th edition, which is available in the University Library on campus, can also be used. References to pages and exercises are based on the 11th edition.
AFM prep-course Financial Accounting
Classification: Internal
Financial
Accounting
Module
Textbook:
Financial Accounting; International Financial
Reporting Standards. 11th edition*
Walter T. Harrison, Charles T. Horngren, C. William Thomas &
Wendy M. Tietz
ISBN 9781292211145
Topic
Textbook chapters
Selected exercises
1. Financial statements &
The accounting conceptual
framework
Textbook chapters 1,2,3,4
Chapter 1: E1-17A, E1-27A, P1-59A, P1-61A
Chapter 2: E2-16A
Chapter 3: S3-6, E3-17A
2. Inventory and Merchandising
Operations
Textbook chapter 6
Chapter 6: E6-17A, E6-22A, E6-24A, P6-63A, P6-64A, P6-65A, P6-67A
3. Property, Plant & Equipment
Textbook chapter 7
Chapter 7: E7-17A, E7-18A, E7-19A, E7-20A, E7-22A, E7-28A, E7-45, P7-66A
4. Intangible Assets
Textbook chapter 7
Chapter 7: S7-12, S7-13, E7-26A, E7-27A, E7-40B
5. Liabilities
Textbook chapter 9
Chapter 9: S9-5,, E9-22A, E9-24A, E9-25A, E9-26A, P9-73A
6. Financial Statement Analysis
Textbook chapter 12
Chapter 12: E12-16A, E12-18A, E12-21A, E12-37, E12-38, P12-52A, P12-54A, P12-55A
AFM prep-course Financial Accounting
Classification: Internal
Foundations
of
Accounting
Module
Finance
techniques
Module
The purpose of this module is to familiarize
students with the fundamental concepts of
financial accounting and bookkeeping.
It consists of two videos:
1. Main financial statements
2. Financial statement analysis
each followed by a short quiz.
The purpose of this module is to introduce
students to the basic calculations for present
values.
It consists of three knowledge clips:
1. Time value of money
2. Future value of money
3. Present value of money
For bookkeeping, we refer to a self-study text:
Double Entry Bookkeeping by Timothy Walshaw
https://www.amazon.com/Double-EntryBookkeeping-timothy-walshaw/dp/0987611321
AFM prep-course Financial Accounting
Classification: Internal