Identification Prerequisites Language Compulsory/Elective Required textbooks and course materials Course website Course outline Course objectives Learning outcomes Teaching methods Evaluation Subject (code, title, credits) Department Program (undergraduate, graduate) Term ACC 210 Principles of Accounting Instructor E-mail: Phone: Classroom/hours Tarlan Isgandarov isgandarov.tarlan@hotmail.com Economics and Management Undergraduate Fall 2015 Wednesday 18:30:21:00, Room 305N 41 Mehseti street (Neftchilar campus), Khazar University Office hours N/A English Principles of accounting, 11th edition, Reeve, Warren, Duchac – 2012 Accounting principles, 9th edition, Weygandt, Kieso and Kimmel - 2009 Introduction to accounting, elements of accounting, analyzing transactions, Preparation of financial statements. Introduce basic business operations, give information about routine accounting operations, accounting principles and elements. At the end of this course, students should be to understand purposes of accounting, record transactions, prepare statement of financial position, statement of financial performance, statement of cash flow. Furthermore, they should know definitions of current and non-current assets, receivables, inventories, liabilities and owners equity and etc. To sum up, the purpose of this subject is to prepare students for the advanced accounting courses. Lecture Group discussion Experiential exercise Case analysis Simulation Course paper Others Methods Date/deadlines Percentage (%) Midterm Exam 25 Case studies Class 10 Participation/Activity Quizzes (4 quizzes) 25 Project Presentation/Group Discussion Final Exam 40 Others Total 100 32 Week Policy Tentative Schedule Topics Date/Day (tentative) Textbook/Assignments 1 16.09.2015 Accounting in action ( purpose and users of accounting, main assumptions of accounting, accounting equation and definition of assets, liabilities and owner's equity) Principles of accounting, Ch.1 Accounting principles, Ch.1 Principles of accounting, Ch.2 Accounting principles, Ch.1,2 Principles of accounting, Ch.2 Accounting principles, Ch.1,2 Principles of accounting, Ch.3 Accounting principles, Ch.3 Principles of accounting, Ch.4 2 23.09.2015 Transaction analysis (journalizing transactions, double entry accounting system) 3 30.09.2015 Transaction analysis (Prepare an unadjusted trial balance, Errors), 1st Quiz 4 07.10.2015 Adjusting the accounts 5 14.10.2015 Completing the accounting cycle, 2nd Quiz 6 21.10.2015 Revision class 7 28.10.2015 Midterm exam 8 04.11.2015 Fixed Assets and Intangible Assests Principles of accounting, Ch.10 Accounting principles, Ch.10 9 11.11.2015 Disposal of Fixed Assets 10 18.11.2015 Inventories, Receivables 11 25.11.2015 Current liabilities 12 02.12.2015 Long-Term Liabilities:Bonds and Notes, 3 rd Quiz Principles of accounting, Ch.10 Accounting principles, Ch.10 Principles of accounting, Ch.7 Accounting principles, Ch.6 Principles of accounting, Ch.9 Accounting principles, Ch.9 Principles of accounting, Ch.11 Accounting principles, Ch.11 Principles of accounting, Ch.14 33 13 09.12.2015 Financial statements analysis 14 16.12.2015 Practise (preparation of financial statements), 4th Quiz 15 23.12.2015 Revision Class 16 Principles of accounting, Ch.17 Final exam 33