Module Code
:
BA-2201
Module Title
:
Introduction to Accounting
Programme
:
Bachelor of Business
Type of Module
:
Accounting and Finance major: Major Core
All other programmes/ majors: Breadth
Modular Credits
:
4
Prerequisite
:
None
Anti-requisite
:
None
Student Workload :
Contact hours for timetabling:
8 hours
2 hours
Aims:
This introductory module on financial accounting is designed for students who have no or
little accounting background. This module develops the students' capacity to understand the
accounting system, from the recording of an operation in the books of accounts to preparing
a complete set of financial statements. Students will be able to read, understand, interpret
and broadly analyze financial statements and recognize the limitations and constraints of
financial accounting should businesses opt for an inconsistent or inadequate accounting
concepts. Finally, they should be able to learn how accounting information can fulfill the
needs and alleviate the concerns of the main users of the financial information.
Module Content:
 Basic Financial Statements
 The Accounting Cycle: Capturing Economic Events, Accruals and Deferrals and
Reporting Financial Results.
 Merchandising Activities
 Financial Assets
 Inventories and the Cost of Goods Sold
 Plant and Intangible Assets
 Liabilities
 Stockholders’ Equity: Paid-in Capital
 Income and Changes in Retained Earnings
 Statement of Cash Flows
 Financial Statement Analysis
Assessment:
Examination:
50%
Coursework:
Tests
Presentation
Assignment
50%
10%
20%
20%