ACCOUNTING-II

Course Description

Students will be able to develop advanced skills that built upon those acquired in Accounting I. Additional accounting skills such as reconciling uncollected accounts, calculating depreciation on assets, interpreting financial information, and calculating notes and interest will be developed. Computerized accounting will again be incorporated as an essential tool where resources are available. The course emphasizes understanding the role of accounting in product costing, costing for quality, cost-justifying investment decisions, and performance evaluation and control of human behavior. The learning of basic principles of financial accounting, including a study of corporation accounts and the statement of cash flows. The course deals with the development of accounting theory with emphasis on managerial techniques for interpretation and use of data in planning and controlling business activities.

ACCOUNTING-II

Evaluation Tools (Active Term)

No evaluation items have been defined.

Course outcomes

1. 01 1-calculate and identify the cost of goods sold
2. 02 2- identify the assets and calculate the depreciation for plant assets
3. 03 3-understand the accounting evaluation for disposal of plant assets
4. 04 4-identify the liabilities and the stockholders' equity section of the balance sheet
5. 05 5 -analyze financial statements from the viewpoints of common stockholders, creditors, and others

Course Syllabus

Reference Books & Course Materials

1. 01 1. Williams, Haka, Bettner, Financial & Managerial Accounting, 17th Edition, (2015) McGraw-Hill
2. 02 2. Accounting, 8th Edition (2009), Pearson Horngren, Harrioson, ISBN-10: 0136072976

Learning Outcomes

1. L01 1-calculate and identify the cost of goods sold SOLO 4
2. L02 2- identify the assets and calculate the depreciation for plant assets SOLO 4
3. L03 3-understand the accounting evaluation for disposal of plant assets SOLO 5
4. L04 4-identify the liabilities and the stockholders' equity section of the balance sheet SOLO 2
5. L05 5 -analyze financial statements from the viewpoints of common stockholders, creditors, and others SOLO 4
6. L06 calculate and identify the cost of goods sold SOLO 2
7. L07 identify the assets and calculate the depreciation for plant assets SOLO 2
8. L08 -identify the liabilities and the stockholders' equity section of the balance sheet SOLO 2

Program Outcomes

1. P01 1. Gained the necessary skills to learn and adopt a spirit of continuous learning in their professional life.
2. P02 2. Developed various skills by working independently via specific learned techniques that both triggered individual efforts and encouraged collaborative work.
3. P03 3. Acquired the essential knowledge and skills to apply key theories, models and applications within the global business context.
4. P04 4. Adopted and applied critical and strategic thinking together with research capabilities for efficient and effective business decisions.
5. P05 5. Utilized and managed ethically information technologies required for contemporary business world.
6. P06 6. Been equipped with conceptual and analytical skills necessary for team work within global organizations.
7. P07 7. Displayed their learnt communication skills that are required to effectively interact in a cross cultural and diverse international work environment.
8. P08 8. Applied their acquired knowledge within the changing work environment.
9. P09 9. Developed an understanding of ethical perspectives and social responsibilities to be used at work and in personal life.

Po-Lo Matrix