Module 1: Receivables
- Accounts Receivables
- Short term Notes Receivable
- Financial Statement Analysis
Text Reference: Chapter 8
Learning Outcomes: 1,5,6
Reading Quiz (1 %)
Tutorial (1%) Assignment (1.5%)
Module 2: Property, Plant, and Equipment and Intangibles
- Costs subsequent to acquisition of property, plant & equipment
- Depreciation
- Impairment of Property, plant & equipment
- Disposals of Property, plant & equipment
- Intangible assets
- Asset turnover ratio
- Return on Total Assets ratio
Text Reference: Chapter 9
Learning Outcomes: 2, 3, 4
Reading Quiz (1%)
Tutorial (1%) Assignment (1.5%)
Module 3: Current Liabilities
- Accounts Payable
- Payroll Liabilities
- Sales Tax
- Unearned Revenue
- Short Term Notes Payable
- Estimated & Contingent Liabilities
Text Reference: Chapter 10
Learning Outcomes: 5, 6
Reading Quiz (1%)
Tutorial (1%) Assignment (1.5%)
Module 4: Partnerships
- Characteristics of partnerships
- Division of partnership earnings
- Liquidation of a partnership
Text Reference: Chapter 11
Learning Outcomes: 7, 8, 9
Reading Quiz (1%)
Tutorial (1%) Assignment (1.5%)
Module 5: Organization and Operation of Corporations
- Corporate organization
- Issuance of shares
- Classes of shares
- Cash dividends
- Closing entries for a corporation
Text Reference: Chapter 12
Learning Outcomes: 8, 9, 10
Reading Quiz (1%)
Tutorial (1%) Assignment (1.5%)
Midterm test (Modules 1 through 5) 30%
Module 6: Corporate Reporting: Profit, Earnings Per Share, and Retained Earnings
- Book Value per Share
- Earnings per Share
- Reporting Income
- Retained Earnings
- Corporate Financial Statements
Text Reference: Chapter 13
Learning Outcomes: 8, 10,12
Reading Quiz (1%)
Tutorial (1%) Assignment (1.5%)
Module 7: Bonds and Long-Term Notes Payable
- Bonds payable
- Issuing bonds at par
- Time value of money
- Issuing bonds at discount and premium
- Other long-term liabilities
- Retiring bonds
Text Reference: Chapter 14
Learning Outcomes: 5, 12
Reading Quiz (1%)
Tutorial (1%) Assignment (1.5%)
Module 8: Accounting for Debt and Share Investments
- Account for different types of debt and equity investments
- Record investment acquisition, interest or dividends earned, and disposal
- Strategic & Non-strategic equity investments
Text Reference: Chapter 15
Learning Outcomes: 13
Reading Quiz (1%)
Tutorial (1%) Assignment (1.5%)
Module 9: Reporting and Analyzing Cash Flows
- Classify operating, investing and financing activities
- Create a simple cash flow statement
Text Reference: Chapter 16
Learning Outcomes: 13
Reading (1%)
Tutorial (1%)
Assignment (1.5%)
Module 10: Analyzing Financial Statements
- Describe the purpose of financial statement analysis
- Explain and apply vertical/horizontal analysis
- Profitability, liquidity management ratios
Text Reference: Chapter 17
Learning Outcomes: 11
Reading Quiz (1%)
Tutorial (1%) Assignment (1.5%)
Final Exam – Comprehensive - 35%