|
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:
|
Lindita Gjika
, NA
|
|
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: |
B013 12:30-15:15
|
| 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 main objective is to provide students with a basic understanding of the theories, principles, and applications of accounting.
By the end of the course, students will be able to analyse and record business transactions and prepare the financial statements in accordance with the accounting standards.
The course will deepen knowledge on the accounting of the merchandising companies using a double-entry bookkeeping perspective.
|
| Week |
Topics |
| 1 |
Review Syllabus, Introduction to the accounting course |
| 2 |
Basic Accounting Equation and Financial Statements |
| 3 |
The recording process |
| 4 |
The recording process |
| 5 |
The recording process |
| 6 |
Review for the midterm exam |
| 7 |
The midterm exam |
| 8 |
Adjusting the accounts |
| 9 |
Completing the accounting cycle |
| 10 |
The Classified Statement of Financial Position |
| 11 |
Accounting for merchandising operations |
| 12 |
Accounting for merchandising operations |
| 13 |
Accounting information systems |
| 14 |
Review for the final exam |
| Prerequisite(s): |
NA
|
|
Textbook:
|
Accounting Principles, 9th Edition by Weygandt, Kieso, Kimmel:Wiley, 2010 (Chapter 1 – 5, 7)
http://bcs.wiley.com/he-bcs/Books?action=chapter&bcsId=8114&itemId=1118323661&chapterId=90289
http://bcs.wiley.com/he-bcs/Books?action=contents&itemId=0470646462&bcsId=6406
Financial Accounting IFRS, 3rd Edition by Donald E. Kieso, Paul D. Kimmel, Jerry J. Weygandt, Wiley, 2015
http://bcs.wiley.com/he-bcs/Books?action=index&itemId=1118285905&bcsId=7352
|
|
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: |
NA
|
| Computer Usage: |
NA
|
| Others: |
No
|
| 1 |
At the end of this course the students will be able to: Explain and analyze the Accounting Equation and the interaction of its elements. |
| 2 |
Record the transactions in the appropriate ledger accounts using the double-entry bookkeeping system. |
| 3 |
Understand the use of T-accounts. |
| 4 |
Adjust the accounts before the completion of the accounting cycle. |
| 5 |
Complete and analyze the accounting cycle for merchandising companies. |
| 6 |
Prepare and analyse the classified statement of the financial position. |
| 7 |
Prepare and analyse the classified income statement. |
| 8 |
Identify organizational information technology components and risks that can affect financial systems |
| No |
Program Competencies |
Cont. |
| Bachelor in Banking and Finance (3 years) Program |
| 1 |
The students are gained the ability to look at the problems of daily life from a broader perspective. They gain the needed skills not only to understand economic problems in banking and finance but also to construct a model and defend in meaningful way. |
4 |
| 2 |
They have knowledge about the finance and banking. |
4 |
| 3 |
They have knowledge about the money and banking. |
4 |
| 4 |
They have knowledge about the international finance and banking. |
2 |
| 5 |
They have ability to use mathematical and statistical methods in banking and finance. |
3 |
| 6 |
They know how to use computer programs in both daily office usage and statistical data evaluations in banking and finance department. |
3 |
| 7 |
They have necessary banking and finance skills that needed in private and public sector. |
3 |
| 8 |
They are intended to be specialist in one of departmental fields that they choose from the list of general economics, finance economics, public finance, corporate finance, finance management, international finance markets and institutions, banking and central banking, international finance and banking, money and banking, international trade and banking. |
4 |
| 9 |
They have ability to utilize fundamental economic theories and tools to solve economic problems in banking and finance. |
3 |
| 10 |
They are aware of the fact that banking and finance is a social science and they respect the social perspectives and social values of the society’s ethics. |
2 |
