College of Business

Course Syllabus

Bachelor of Business Administration Program

Accounting Concentration
Winter Semester AY2022-2023

Course Name: Principles of Financial Accounting

Course Code: ACC200
Course Pre-requisites: ENG200 + ITD100 + (MTG100 or MTT101 or MTT102)
Course Co-requisites:
Mode of Delivery: Face to face
Contact 45
Hours/Term/Semester:
Credit Hours: 3

Instructor’s Name: MD ABUBAKAR SIDDIQUE

E-mail: [email protected]
Telephone: 02 501XXXX Section(s): 33/77
Class Location: AA-H-103 Class Time: TuTh 5pm to 8.30pm
Office Location: XXXX Office Hours: TuTh 3.50pm to 4.50pm

1. Course Description

Financial accounting and reporting are the primary medium by which organizations provide information to
their external stakeholders (e.g., shareholders, creditors, governmental agencies, customers and alike). This
course presents financial accounting as an essential part of the decision-making process by both the external
users and the management. The course involve the study of foundations of accounting methods and systems,
including transaction analysis, the accrual system of accounting, the process of income measurement, and
understanding of financial statements. The focus in the course will be on users – and not the preparers -- of
accounting information. This course assumes no prior accounting knowledge.

2. Learning Outcomes

Upon successful completion of this course, students will be able to: (1) Identify the accounting principles and
the role of accounting in sustainable business organizations, (2) Prepare financial statements using
spreadsheets and interpret its content in order to articulate its role in the decision making process for internal
and external users, (3) Compute financial ratios and explain their meanings, (4) Measure and record balance
sheet and income statement elements in organizations, and (5) Examine the system of internal control
applicable to major financial elements.

Expected Learning Outcomes and Associated Measures

Course Learning Outcome Program Outcome Assessment Tool(s)*

CLO1: Identify the accounting PLO7: Demonstrate theoretical Assignment
principles and the role of knowledge of the functional and/or (rubrics and or overall
accounting in sustainable cross-functional areas of business grade)
business organizations PLO2: Elaborate key aspects of
organizational sustainability in

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 business environment
CLO2: Prepare financial statements PLO3: Apply analytical and critical Embedded Question(s) in
using spreadsheets and thinking to specialized business Exam(s),
interpret its content in order problems Group Project and
to articulate its role in the PLO1: Communicate organizational Presentation
decision making process for topics effectively in written and/or (rubrics and or overall
internal and external users verbal form. grade)
CLO3: Compute financial ratios and PLO3: Apply analytical and critical Embedded Question(s) in
explain their meanings thinking to specialized business Exam(s)
problems
CLO4: Measure and record balance PLO7: Demonstrate theoretical Embedded Question(s) in
sheet and income statement knowledge of the functional and/or Exam(s),
elements in organizations cross-functional areas of business Embedded Question(s) in
Quiz
CLO5: Examine the system of PLO7: Demonstrate theoretical Embedded Question(s) in
internal control applicable to knowledge of the functional and/or Exam(s)
major financial elements cross-functional areas of business
* Please note that the assessment tool(s) are to be used in assessing the course learning outcomes.

3. Weekly Outline

Week Course Content and Instructional Tools CLOs

1 - An introduction to the financial statements 1,3
- Role of accounting in sustainable business organization
Pre-Class Reading: Chapter 1 and 2 slides
Post Class Readings: End of chapter exercises
Learning Resources Chapter 1,2 and Handouts
Experiential Learning Tools In class exercises
Industry Exposure Relevant cases
Assessments Quiz 1, midterm and assignment 1
1 - Transaction analysis 4
- Accounting equation
Pre-Class Reading: Chapter 3 slides
Post Class Readings: End of chapter exercises
Learning Resources Chapter 3
Experiential Learning Tools In class exercises
Industry Exposure Relevant cases
Assessments Quiz 1, midterm and assignment1
2 - The recording process 4
- Unadjusted trial balance
Pre-Class Reading: Chapter 3 slides
Post Class Readings: End of chapter exercises
Learning Resources Chapter 3
Experiential Learning Tools In class exercises
Industry Exposure Relevant cases
Assessments
2 - Accrual system of accounting 4
- The adjusting process
- Adjusted trial balance
Pre-Class Reading: Chapter 4 slides
Post Class Readings: End of chapter exercises
Learning Resources Chapter 4
Experiential Learning Tools In class exercises
Industry Exposure Relevant cases
Assessments Quiz 1, midterm and assignment1

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3 Preparation of financial statement 2
Completing the accounting cycle
Pre-Class Reading: Chapter 4 slides
Post Class Readings: End of chapter exercises
Learning Resources Chapter 4
Experiential Learning Tools In class exercises
Industry Exposure Relevant cases
Assessments Quiz 1, midterm and assignment1
3 Review for Midterm Exam
Midterm Exam
Pre-Class Reading:
Post Class Readings:
Learning Resources
Experiential Learning Tools
Industry Exposure
Assessments
3 - Accounting for Merchandising Firms 4
- Recording Purchases under a Perpetual System
- Gross Profit Rate and Profit Margin
Pre-Class Reading: Chapter 5 slides
Post Class Readings: End of chapter exercises
Learning Resources Chapter 5
Experiential Learning Tools In class exercises
Industry Exposure Relevant cases
Assessments Quiz 2, final and assignment 2
4 - Reporting and Analyzing inventory 4
- Inventory Methods and Financial Effects
- Inventory Presentation and Analysis
Pre-Class Reading: : Chapter 6 slides
Post Class Readings: : End of chapter exercises
Learning Resources Chapter 6
Experiential Learning Tools In class exercises
Industry Exposure Relevant cases
Assessments Quiz 2, final and assignment 2
4 - Fraud and Internal Control 5
- Cash Controls
- Reporting Cash and Cash Management
Pre-Class Reading: Chapter 7 slides
Post Class Readings: End of chapter exercises
Learning Resources Chapter 7
Experiential Learning Tools In class exercises
Industry Exposure Relevant cases
Assessments Quiz 2, final and assignment 2
5 - Reporting and Analyzing Receivables 4
- Valuation and Disposition of Accounts Receivable
- Notes Receivable
- Receivables Presentation and Management
Pre-Class Reading: : Chapter 8 slides
Post Class Readings: End of chapter exercises
Learning Resources Chapter 8
Experiential Learning Tools In class exercises
Industry Exposure Relevant cases
Assessments Quiz 2, final and assignment 2

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 5 - Reporting and Analyzing Long-term Assets 4
- Plant Asset Expenditures and Depreciation Methods
- Plant Asset Disposals
- Intangible Assets
Pre-Class Reading: Chapter 9 slides
Post Class Readings: End of chapter exercises
Learning Resources Chapter 9
Experiential Learning Tools In class exercises
Industry Exposure Relevant cases
Assessments Quiz 2, final and assignment 2
6 - Reporting and Analyzing Liabilities 4
- Accounting for Current Liabilities
- Major Characteristics of Bonds
- Accounting for Bond Transactions
Pre-Class Reading:
Post Class Readings:
Learning Resources Chapter 10
Experiential Learning Tools
Industry Exposure
Assessments
6 - Shareholder Equity and Stakeholder Value 4
- Corporate Form of Organization
- Accounting for Common, Preferred, and Treasury Stock
Pre-Class Reading: Chapter 11 slides
Post Class Readings: End of chapter exercises
Learning Resources Chapter 11
Experiential Learning Tools In class exercises
Industry Exposure Relevant cases
Assessments Quiz 2, final and assignment 2
7 Final Examination

4. Assessment of Student Learning

Assessment Weights and Descriptions

Assessment Tool* Weight Description

Quizzes 15% Periodic assessment of students understanding of the materials covered
Aligned CLO
Out-of-Class Preparation Time 10 hours (approx.)
Due Date
Rubric(s)’ Link(s)
Assignments 15% Individual assignments the topics taught in the classroom
Aligned CLO
Out-of-Class Preparation Time 10 hours (approx.)
Due Date
Rubric(s)’ Link(s)
Group Project 15% A group project focused on preparing and analyzing financial
statements using spreadsheets for managerial decisions.
Aligned CLO
Out-of-Class Preparation Time 20 hours (approx.)
Due Date
Rubric(s)’ Link(s)

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 Midterm Exam 25% Written exam covering course material using a range of questions
Aligned CLO
Out-of-Class Preparation Time 30 hours (approx.)
Due Date
Rubric(s)’ Link(s)
Final Exam 30% Written exam covering topics after midterm and consists of a variety of
questions designed to test analytical and problem-solving skills in the
subject matter.
Aligned CLO
Out-of-Class Preparation Time 30 hours (approx.)
Due Date
Rubric(s)’ Link(s)
* Instructors are advised to design assessment tools in accordance with the CLO mapping indicated in Section 2 of the syllabus. If
different assessment tools are used, a justification needs to be provided in the CRC file.

5. Professional Certification Component Mapping (if applicable)

PCQ Certification Title Course Learning Outcome(s)

6. Pedagogy – Learning Process

Many activities are interactive and collaborative. Classes will include lectures, group discussion, writing and
some group activities. Teaching methodology for this course is primarily interactive and participative.
Teaching centers on the theme of “active” and “continuous” learning. Students are expected to read the text
or other assigned reading outside of class and participates in critical evaluation of the material through class
discussion. The class time is divided to specific modules comprising of:

• lecture;
• case presentation and discussion;
• presentation and discussion of the assignments by individual participants and teams; and,
• Question and answer session

Guided exercises will follow the examples. Each exercise gives the student a chance to work with a new
concept. End of chapter problems will be used as homework to cover each topic introduced in the chapter. The
homework gives the student a chance to master the topic. The course requires an estimated 90-100 hours of
out-of-class learning activities as indicated in Section 4. All students are expected to read the text or other
assigned reading outside of class and participate in critical evaluation of the material through small group and
class discussion and individual writing, as well as the participation in students-instructor conferences,
discussions, classroom participation, audio visual aids, and classroom experiments and methods of
presentation.

7. Textbooks and Learning Resources

Textbook/E-Book  Weygand, Kieso, and Kimmel. Accounting Tools for Business Decision
Making, 8th Edition, Wiley.
Journals/Articles  Add journal articles related to sustainability topics in accounting and stakeholder
value
Other Resources:  Handouts: Global Reporting Initiatives (GRI)
(References,  Handouts: Preparation of Financial reports in UAE Businesses
Internet and World  Video(s): Double Entry Bookkeeping; End of Year Financial Reports – Example
Wide Web Site, Firms
LinkedIn Learning,  Wild, J.J., Shaw, K.W., Chiappetta, B., and Samaha, K. (2017). Fundamental
Coursera, etc.) Accounting Principles, 2nd Middle East Edition. McGraw Hill.
 Suwardy, T., Harrison, W.T, Tietz, W.M, Horngren, C.T., and Thomas, C.W.
(2018). Financial Accounting plus MyAccountingLab with Pearson eText,
Global Edition, 11/E, Pearson.
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  Warren,C., Reeve,J., and Duchac, J., (2018). Accounting, 27th Edition, Cengage.

8. Technology and Software

Tools Description of Use

MS Excel
Wiley Plus

9. Grading Key

Grade Percentage Description Grade Point

A 90-100 Excellent 4
B+ 85-89 Very good 3.5
B 80-84 Good 3
C+ 75-79 Very Satisfactory 2.5
C 70-74 Satisfactory 2
D+ 65-69 Pass + 1.5
D 60-64 Pass 1
F Less than 60 Fail 0.0
I Incomplete 0.0

10. Attendance

For all students, absence is marked at a maximum of 30% of total class time. Final dismissals (WA) will be
posted on the student’s academic record. The calculation of the absence percentage is based on the total
number of class meetings, regardless of the length of the meetings. For example, if a class meets twice a week
for 13 weeks, then a student would need eight absences to exceed the 30% threshold.

Students will be considered absent if they do not arrive on time for a lesson. Taking attendance will start on
the first day of classes and will continue until the last day of classes in the semester.

Final Dismissal will not be waived under any circumstances. The Registrar's Office will accept excuses only
from students missing an exam/major assignment due to absence. Students will be permitted to take a make-
up exam, if its weight is at least 10% of the course total mark upon approval of a legitimate excuse.
Exams/Tests will be repeated only for serious reasons such as hospitalization, contagious disease, death, may
God forbid, of an immediate family member (father, mother, sibling, husband, son, daughter, grandparent),
car accident, job requirement (with prior written approval from the Office of the Registrar), and Al Haj. In any
circumstance, documented evidence is to be submitted to the Office of the Registrar on the day student returns
to class.

Al Umra: Al Umra trips are not valid excuses for students to be absent.

In the case of excused absence for a final exam, the student has to apply for an Incomplete (I) grade at the
Office of the Registrar within 48 hours of the exam.

11. Academic Integrity and Class Etiquettes

The mission of ADU includes developing students’ sense of ethics, morality, and social responsibility.
Students at ADU have the fundamental obligation to conduct themselves with utmost integrity. To ensure an
education environment characterized with Academic integrity (AI), ADU has a comprehensive Academic
Integrity Policy (AIP) and standards for class etiquettes. These can be accessed using the links below:

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  ADU Academic Integrity Policy
 Class Etiquettes

12. Contact Details for Academic, Administrative, and Technical Support

Department Contact Information
Dean’s Office Ms. Jesel Talao, Executive Assistant (All Campuses)

[email protected]
02 5015818
Ms. Brijitha Elayadath, Senior Administrative Assistant (All Campuses)
[email protected]
02 5015244
Department Chair Dr. Hazem Marashdeh (All Campuses)
[email protected]
02 5015479
Academic Ms. Corazon Agripa (Abu Dhabi and Al Dhafra Campuses)
Advisement [email protected]
02515751
Ms. Gowri Kumar (Abu Dhabi and Al Dhafra Campuses)
[email protected]
02 5015659
Mr. Mahmoud Hanafi (Al Ain and Dubai Campuses)
[email protected]
03 7090759
Academic Success ASC Website
Center [email protected] (All Campuses)
Student Ms. Nariman S. M. Naji (Abu Dhabi and Al Dhafra Campuses)
Counselors [email protected]
02 5015998
Ms. Samah Abusniemah (Al Ain and Dubai Campuses)
[email protected]
02 5015998
Admissions [email protected] (All Campuses)
Registration Ms. Melinda Haddad, Under Graduate Registration Officer (Abu Dhabi and Al
Dhafra Campuses)
[email protected]
02 5015241
Mr. Mubarak Ali, Senior Admission and Registration Assistant (Al Ain Campus)
[email protected]
03 7090901
Ms. Rana Meheisen, Admission and Registration Officer (Dubai Campus)
[email protected]
04 2481524
Student Affairs Dr. Chakib Farhat, Acting Director of Student Affairs
(Abu Dhabi and Al Dhafra Campuses)
[email protected]
02 5015237
Mr. Sabri Abbas, Student Affairs Manager (Al Ain and Dubai Campuses)
[email protected]
03 7090916
IT Support Blackboard Troubleshooting
Ms. Reciel Battad, Senior LMS Analyst (All Campuses)
[email protected]
02 5015998
IT Service Desk (MS Teams, Password Concerns, etc.)
[email protected] (Abu Dhabi and Al Dhafra Campuses)

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[email protected] (Al Ain Campus)
[email protected] (Dubai Campus)