Introductory Accounting

Introductory Accounting

専門教育科目

Major Courses

国際商経学部

学年指定なし

KCCBG1MCA7

2単位

講義・演習 (Lecture/Seminar)

2024年度前期

(Spring semester)

Bishnu Kumar Adhikary

School of Economics and Management

英語

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10:00-17:00
Room A317 (Research Building 1)
School of Economics and Management

By appointment only ( adhikarykobejp@gmail.com)

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目標３:協働する力／ー

This is an introductory course in Accounting. After completing this course, students will acquire basic knowledge of recording, classifying, summarizing, and reporting business transactions—particularly the income statement, balance sheet, and cash flow statement. Besides, students will know how to value and record inventories, receivables, and plant assets.

Business transactions, Income statement, Balance sheet, Cash flow statement, Inventories, Depereciation

L# 1: Introduction and overview of the course- conceptual framework of Accounting
L#2: Recording system of business transactions- accounting cycle.
L#3: Classify transactions and summarize them into ledgers.
L# 4: Trial balance- detection of errors
L# 5: Adjusting entries and closing entries
L# 6: Classified income statement
L# 7: Assignment discussion
L# 8: Mid-term examination
L# 9: Classified balance sheet
L# 10: Cash flow statement
L# 11: Accounting for Inventories
L# 12: Accounting for Receivables
L# 13: Depreciation Accounting
L# 14:  Assignment discussion
L# 15: Final examination

Financial Accounting with International Financial Reporting Standards, 5e, 2022, Jerry J Weygandt, and Paul D. Kimmel, John Wiley and Sons Incorporation, ISBN: 978- 1119-787051

This course is a fundamental one for business students. In this course, each student will be assessed based on his/her conceptual and quantitative skills in recording, summarizing, and reporting business transactions. Students will be given a lot of exercises and problems as a home task to measure their conceptual and quantitative skills. This requires substantial time to study at home after each session.   Also, there will be a mid-term and a final exam to assess students’ conceptual and quantitative skills. In addition, class participation and attendance will be considered to assess students’ interest in accounting. As a whole, this requires substantial hours of study in the pre and post-sessions. I suggest that students read at least one hour before and 1 hour after each session individually or in a team. In total, the students need to spend 60 hours of study outside the class.

Active learning tools are mainly based on class lectures,  assignments, Mid-term evaluations, and final exams. A comprehensive problem will be given in the classroom for discussion and knowledge sharing in groups. Before delivering each lecture, the students will be given PowerPoint slides to make the necessary preparations for the upcoming classes. The instructor will first discuss accounting terminology, concepts, and rationales behind each topic to increase the students’ theoretical knowledge. Then, the instructor will solve several problems in the class to help improve the quantitative skill of the students. Afterward, students must solve prescribed exercises and problems at home and discuss their solutions with peers. Then, the instructor will discuss some critical problems in the class. Finally, the instructor will upload a solution for each assignment problem so that the students can rectify their mistakes.

Attendance and class performance 10%
Assignments 20%
Midterm examination 30%
Final examination 40%

In the classroom

Students must attend every class on time.

This is a fundamental course in business education. Every student must have exposure to accounting to be a good business leader.