Wroclaw School of Banking
Faculty of Finance and Management
Academic year: 2015/2016
SYLLABUS
Degree type:
Bachelor (BA)
Semester: 3
Code: ACC
Subject status: business core
Form of study: full-time
Language: English
Management
Form of /
number of
hours
Form of credit
Name of subject / module:
ACCOUNTING
Full-time
30 hours
Class - note
[Eg]
ECTS points
Total points for subject
5
Points for lectures
Points gained during
ECTS points for
classes with an
exercises,
projects,
academic teacher
or
workshops
present
(labs)
0
ECTS points for student's own work
(homework, etc)
3
2
Subject coordinator: mgr Martyna Gagat
Subject tutor: mgr Martyna Gagat
1. Preliminary requirements:
1.1. regarding knowledge, skills and social competences:
basic knowledge of economy and accounting purpose
2. Foundations and teaching objectives:
The subject objectives are to ensure the understanding of accounting rules and principles, its role in the
company, identify user groups and characteristics of financial statements. After completing the course
students will be able to explain the need for accounting records, explain the principles of double entry
bookkeeping, prepare the bookkeeping entries for costs and revenue, recognize balance sheet elements.
3. Detailed teaching objective of the module/subject:
Effect code
Name of education effect
Reference to the teaching
objectives
of the general study
program
KNOWLEDGE
ACC_K1
Students understand the nature and functions of
accounting
K_W01
ACC_K2
Students understand the rules of measuring and recording
economic transactions
K_W02
ACC_K3
Students can record profit and loss statement
transactions
K_W05, K_W06
ACC_K4
Students understand the objectives of financial reporting
K_W10, K_W11
SKILLS
ACC_S1
Students identify particular assets and liabilities
categories
K_U07
ACC_S2
Students can record economic transactions
K_U07
ACC_S3
Students can classify costs and revenues
K_U07
ACC_S4
Students can calculate profit and loss
K_U07
ACC_S5
Students develop their analytical skills
K_U07
SOCIAL COMPETENCES
ACC_C1
Students actively participate in classes
K_K01
ACC_C2
Students are engaged in team work
K_K01
ACC_C3
Students are able to participate in the discussion, provide
arguments and draw conclusions
K_K01
4. Detailed curriculum
No
Contents
Teaching objective of the
module or subject
1
The purpose of accounting
ACC_K1,ACC_C1
2
Accounting principles
ACC_K1, ACC_K2
3
Financial statements: elements and use
4
Accounting systems
ACC_K2, ACC_S2
5
Characteristics of balance sheet accounts
ACC_K2, ACC_S2
6
Characteristics of profit and loss accounts
ACC_K2, ACC_K3, ACC_S2
7
Types of costs
ACC_C2, ACC_K3, ACC_S2,
ACC_S3
8
Revenue
ACC_C2, ACC_K3, ACC_S2,
ACC_S3
9
Profit and loss calculation
ACC_C1, ACC_C2, ACC_S2,
ACC_S4, ACC_S5
ACC_K4, ACC_C1, ACC_C3
ACC_K4,, ACC_S4, ACC_S5,
ACC_C3
10
Profit and loss statement
11
Assets
ACC_S1,ACC_C2
12
Liabilities
ACC_S1,ACC C2
13
Balance sheet
ACC_K4, ACC_S1, ACC_S5,
ACC_C1, ACC_C2
14
Profit and loss statement and balance sheet in the financial statement
ACC_K4, ACC_S5, ACC_C1,
ACC_C3
5. Teaching methods
lntroduction to class- theory part, practical exercises, team work, case study
6. Individual work of student required
Preparation to classes, practical exercises completing
7. Fundamental / obligatory literature
1. Fess P.E., Warren C.S., Accounting Principles, South-Western Publishing CO., 1987, 15th edition or later
2. Flamholtz E.G., Flamholtz D. T., Diamond M. A., Financial Accounting, Macmillan Publishing Company, 1986
8. Supplementary literature (including other teaching aids like legal acts, jurisdictions, scientific articles, etc.)
3. Meigs W.B., Meigs R.F., Accounting: the basis for business decisions, McGraw-Hill 1987, 7 th edition
4. Alfredson K., Leo K., Picker R., Pacter P., Radford J., Wise V., Applying International Financial Reporting
Standards, John Wiley & Sons Australia, Ltd., 2007
5. International Federation of Accountants, www.ifac.org
9. Conditions of credit
During the course students will have the opportunity to collect points for different kind of activities.
The final note will consist of the sum of points granted for:
1. Activity during the class
2. The results of 2 tests during the semester: individual, single choice, approximately 15-20 questions each, 4
answers
3. Practical exercises
10. Methods of verification of reaching the desired teaching objectives (effects)
Verification method
Teaching objective
Class activity
Test
Practical exercise
ACC_K1
x
x
x
ACC_K2
x
x
x
ACC_K3
x
x
x
ACC_K4
x
x
x
x
x
ACC_S1
ACC_S2
x
x
ACC_S3
x
x
ACC_S4
x
x
ACC_S5
x
x
ACC_C1
x
ACC_C2
x
x
ACC_C3
x
x