Riyadh Philanthropic Society for Science
‫مؤسسة الرياض الخيرية للعلوم‬
Prince Sultan University
‫جامعة األمير سلطان‬
‫كلية إدارة األعمال‬
College of Business Administation
COURSE Title: ACC201— Intermediate Accounting
Instructor:
Class Time: U & T 9:00-10:15 (U-8:00-8:50)
Office Hours:
Office No. (337) 3rd floor CBA Building
Office Phone No. 8719
E-mail: jbidour@psu.edu.sa
Prerequisites: ACC501- Introduction to financial Accounting
Credit Hours: 3 Credit hours.
Course Objectives and Description:
This is the first part of the Intermediate Accounting topic and it is designed to
equip students with a theoretical foundation for financial reporting, and
conceptual framework necessary to understand the generally accepted
accounting principles (GAAP).
The course is designed to provide an in depth study conceptual framework
necessary to prepare, analyze, and understand financial statements. Then the
course concentrates on the assets side of the balance sheet: cash and
receivables.
Intended Learning Outcomes (ILOs):
The intended learning outcomes of this course are:
a)
Knowledge and Understanding of:
 basic concepts and principles of financial accounting.
 procedures and processes of preparing financial statements
for business organizations.
 Generally Accepted Accounting Principles (GAAP).
 accounting for various elements of financial statements and
disclosure requirements.
b) Subject Specific Skills:
 employ accounting concepts, procedures and processes and
apply
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them to different forms of business organizations.
c)
Intellectual Skills:
 exposure to case analysis.
3. Prescribed Text:
Kieso, Weygandt and Warfield, Intermediate Accounting, 12th edition, John
Wiley & Sons, 2007.
4. Course Contents:
Chapter
Weeks
Allocated
Content
1
Financial Accounting and Accounting Standards
1
2
Conceptual
Accounting
1
3
The Accounting Information System
Appendix 3B
Income Statement and Related Information
4
Framework
Underlying
Financial
1.5
2.5
First Exam: To be announced later
5
Balance Sheet and Statement of Cash Flows
1.5
7
Cash and Receivables
1.5
8
Valuation of Inventories
1.5
Second Exam: To be announced later
10 &11
Property, Plant, Equipment and Natural Resources
12
Intangible Assets
23
Statement of Cash Flow
1
1.5
3
Final Exam: To be announced by the registration office
5. Course Assessment:
In light of the Intended Learning Outcomes, assessment tools cover exams,
quizzes and case studies. Exams will cover both theory and practice in the form
of multiple choice questions and exercises.
2
Class Participation
Homework & Assignments
First Exam
Second Exam
Final Examination
10%
10%
20%
20%
40%
All materials covered in the text, handouts, homework, or lectures are required.
No make-up exams. Absences result in grade of zero for that particular exam.
6. Course Assignments:
Chapter
2
3
4
5
7
23
Class Work
E2-1, E2-2, E2-4
BE3-7, BE3-8, BE3-12,
E3-6, *E3-22, *P3-9
BE4-7, BE4-8, BE4-11,
E4-1, E4-6, E4-11, E4-13, E4-14, E4-15, E4-16
P4-7
E5-1, E5-2, E5-3, E5-10, E5-11, E5-12
E 7-2, E7-5, E7-13, E7-14, E7-16, E7-17
E23-1, E23-5, E23-6, E23-13, E23-14,
P23-3
7. University Regulations:
A. Withdrawal from Courses
A student may withdraw from a course, as long as the academic load does not
fall below 12 credits for a full time student. There are exceptional cases in
which a full time student may carry less than 12 credit hours.
B. Attendance, Participation & Assignments Policies
Regular class attendance and class participation are necessary for successful
completion of the course. A student whose absence exceeds SEVEN hours of
lectures UTH (5 lectures MW) will be dismissed according to the university's
regulations. While attendance will indirectly be considered in the determination
of the participation mark, it will be used to influence the grade in marginal
situations.
You have the responsibility to contribute toward the learning, expected
contributions include preparing the topics, arriving to class with assignments
completed to the best of your ability, entering into class discussion and posing
questions about course material you do not adequately understand. Assignments
are to be submitted next lecture from which they are given.
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You are expected to be in the classroom before it begins. If it is necessary for
you to arrive up to 5-minutes-late to class, please enter the room quietly from
a rear door – if available - to minimize disruption. However, 3 times of late
arrivals are considered ONE absence for record purposes. If you are absent
from a class session, it is your responsibility to become fully familiar with any
information presented during that session. In this case, I recommend that you
contact me.
C. ACADEMIC INTEGRITY
Students are expected to do their academic work without unauthorized help of
any kind. Cheating, plagiarism or any other proven academic irregularity must be
reported by the faculty member concerned to the Academic Disciplinary
Committee for appropriate action.
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