COURSE INFORMATION Course Title: INTRODUCTION TO ACCOUNTING

Code	Course Type	Regular Semester	Theory	Practice	Lab	Credits	ECTS
BUS 132	B	2	3	0	0	3	5

Academic staff member responsible for the design of the course syllabus (name, surname, academic title/scientific degree, email address and signature)	NA
Lecturer (name, surname, academic title/scientific degree, email address and signature) and Office Hours:	Alba Kruja , Tuesday 13:30-15:30
Second Lecturer(s) (name, surname, academic title/scientific degree, email address and signature) and Office Hours:	NA
Teaching Assistant(s) and Office Hours:	NA
Language:	English
Compulsory/Elective:	Compulsory
Classroom and Meeting Time:	E 213 Tuesday 09:30 - 12:15
Course Description:	This course is an introduction to the basic concepts, principles and standards underlying the financial accounting system. The course is designed to give students a thorough background in the basic accounting procedures used to operate a business such as analysing, classifying, and recording and reporting business transactions. The course emphasises a general understanding of the complete accounting cycle and the preparation of the basic financial statements.
Course Objectives:	This course aims to give the student a basic understanding of the theories, principles, and applications of accounting. Following an investigation of the accounting information system and accounting cycle, the course will deepen knowledge on the components of the balance sheet, using a double entry bookkeeping perspective. By the end of the course, students are expected be able to analyse and record business transactions and to prepare financial statements for service and merchandising companies.

COURSE OUTLINE

Week	Topics
1	Review Syllabus, Introduction to Accounting Course
2	Basic Accounting Equation and Financial Statements
3	The Recording Process
4	Adjusting the Accounts
5	Adjusting the Accounts
6	Simulation Activity
7	Midterm Exam
8	Completing the Accounting Cycle
9	Completing the Accounting Cycle
10	Accounting for Merchandising Operations
11	The Classified SFP and Multiple Step Income Statement
12	Accounting Information Systems
13	Class Application
14	Simulation Activity

Prerequisite(s):
Textbook:	Accounting Principles, 9th Edition by Weygandt, Kieso, Kimmel:Wiley, 2010 Financial Accounting IFRS, 3rd Edition by Donald E. Kieso, Paul D. Kimmel, Jerry J. Weygandt, Wiley, 2015
Other References:	Introduction to Accounting: An Integrated Approach, 4th Edition by Wild:McGraw-Hill, Inc., 2004 Parimet Bazë të Kontabilitetit, Sotiraq M. Dhamo, 2010
Laboratory Work:
Computer Usage:
Others:	No

COURSE LEARNING OUTCOMES

1	Analyze the Accounting Equation and the interaction of its elements.
2	Determine by T-Account analysis where a transaction should be properly recorded.
3	Record transactions in the appropriate ledger accounts using the double-entry bookkeeping system.
4	Complete and analyze the accounting cycle for service and merchandising companies
5	Prepare and evaluate the Income Statement, Statement of Retained Earnings, Statement of Financial Position and Statement of Cash Flow.
6	Prepare and analyze the Multiple-Step Income Statement and Classified Statement of Financial Position
7	Appraise the role and contribution of accounting information system in the firm management and performance.

COURSE CONTRIBUTION TO... PROGRAM COMPETENCIES (Blank : no contribution, 1: least contribution ... 5: highest contribution)

No	Program Competencies	Cont.
Bachelor in International Marketing and Logistics Management (3 years) Program
1	Identify activities, tasks, and skills in management, marketing, accounting, finance, and economics.	5
2	Apply key theories to practical problems within the global business context.	5
3	Demonstrate ethical, social, and legal responsibilities in organizations.	4
4	Develop an open minded-attitude through continuous learning and team-work.	4
5	Use technology to enable business growth and sustainability.	3
6	Synthesize creativity needed for marketing notion with scientific method and numerical skills, for achieving business sustainability.	3
7	Apply the concepts and structures of modern marketing in global context at private and public sectors.	1
8	Integrate the management of logistics, supply chain and in total operations with corporate goals and strategies.	2

COURSE EVALUATION METHOD

Method	Quantity	Percentage
Midterm Exam(s)	1	35
Project	1	10
Final Exam	1	45
Other	1	10
	Total Percent:	100%

ECTS (ALLOCATED BASED ON STUDENT WORKLOAD)

Activities	Quantity	Duration(Hours)	Total Workload(Hours)
Course Duration (Including the exam week: 16x Total course hours)	16	3	48
Hours for off-the-classroom study (Pre-study, practice)	16	3	48
Mid-terms	1	12	12
Assignments			0
Final examination	1	17	17
Other			0
Total Work Load:			125
Total Work Load/25(h):			5
ECTS Credit of the Course:			5