Department of Accounting NUS Business School National University of Singapore Course Syllabus for ACC1002X Course: Semester: Required

Material: Financial Accounting, ACC1002X Semester 1, 2013/2014 Financial Accounting Information for Decisions, 2nd Edition, Wild, Shaw, Chiappetta, and Kwok. McGraw Hill. Non-graphing, nonprogrammable calculator is required for all exams. (Section 1) Tuesday (Section 2) Tuesday BIZ/LT17 10:00 a.m. 12:00 p.m. 2:00 p.m. 4:00 p.m.

Time Lecture: Lecture Room: Teaching Team: Name Dr. Luo Shuqing Ms. Elaine Tan Belinda Lee Susan Tho Philip Toh

Role Coordinator, Instructor and Tutor Instructor and Tutor Tutor Tutor Tutor

Email address sluo@nus.edu.sg biztsje@nus.edu.sg bizcwcb@nus.edu.sg bizseet@nus.edu.sg biztkpp@nus.edu.sg

Office biz1-7-20 biz2-2-18

Course Description This course helps students to become informed users of firms external financial accounting reports. The basic structure and contents of such reports and the process by which they are prepared will be studied. Discussions will involve what items are included in financial accounting reports, how such items are measured, and how various economic events affect the reports. An understanding of what can be inferred from the reports about the past performance, present position, and future prospects of the firm will be developed. Student Learning Objectives This course is designed to help students who are taking programs outside NUS Business School to achieve the following learning objectives: 1. To comprehend accounting terminology, concepts and methods. 2. To describe how business transactions are measured and reported and how such transactions impact the financial statements. 3. To analyze and interpret financial reports. More specifically, to articulate the structure of financial statements and how to use financial accounting information to evaluate company performance, to compare the performance of different companies and to make decisions.
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4. To introduce the concepts of ethical principles and social responsibility in business interactions. Course Format and Requirements The primary format of this course is lecture, problem solving, and review. Students are expected to download related teaching notes and handouts from the course website and bring them to the class. Students are also expected to have read the material and worked the assigned work as it is covered in class. It is absolutely imperative that you keep up with the reading and assignments. Regular attendance is critical to success. Starting from the third week of the class, there is a one-hour per week tutorial session, in which students are expected to complete the assigned tutorial questions before class, and to contribute to discussions during the class. There are one midterm examination which covers the first segment of the course and one comprehensive/cumulative final exam. Students are expected to take the examinations on the scheduled day; availability of make-up examinations will be considered only in extreme circumstances and will be at the discretion of the instructor. Assessment The course has the following graded requirements: Midterm Examination Final Examination Class participation and group project Total 30% (A) 50% (B) 20% (C) (D) 100%

(A) Mid-term exam is a close-book exam and will cover all materials from the first six lectures. Make-up exam for the mid-term is available only for those with valid reasons. Further details will be provided in due course. (B) Final examination is a close-book exam and is cumulative. You are allowed to bring one help sheet of A4 paper (double-sided in print or in handwriting). Note that you are NOT allowed to have any post-it note on the help sheet. All materials lectured in the course are examinable. The final exam is scheduled on Dec 2, 2013 (Monday) at 9:00 a.m. (C) Class participation and group project are assessed in two ways: (1) the students participation (not mere the attendance) during the tutorial sessions and submission of homework (5%); (2) the tutors evaluation of the team project presentation in which each team does one presentation over the semester (10%) and the completeness of the project questions when students are not presenting (5%). In cases where there is a dispute on the extent of contribution for each team member in the project, the final mark will be at the discretion of the tutor after investigation.
(D) Details of the project questions and the project assessment scheme will be communicated

at the first tutorial class.

Course Website Students are expected to visit the course website on the NUS IVLE (Integrated Virtual Learning Environment) regularly. Course announcements, lecture handouts, and other courserelated documents are also going to be posted in the workbins on the course website. Students can exchange course-related questions in the course forum. Academic Integrity All students are expected to understand and adhere to the standards of Academic Integrity as stated in the National University of Singapore. Any student who violates the Academic Integrity Policy as implemented in this course is subject to sanctions as outlined in the Policy. If you have any questions about the policy, please consult the university administrative offices. In this course, all exams are individual efforts. Calculators are permitted but laptops, handheld smart technology devices or cell phones are not permitted to be used during an exam. Programmable calculators are NOT permitted to be used during exams. Using cell phones or other devices to take pictures of any in-class material is prohibited. Any unauthorized use of electronic devices to record in-class discussions/lectures is prohibited. The class project presentation is completed collaboratively as long as each student is contributing to that effort. Note that if a student is not contributing to that effort, a lack of understanding of the material will be clearly evident on exams, which will result in a poor course grade. Teaching Schedule Section 1 2 3 4 5 6 7 8 9 10 11 12 1. Topics Accounting in business Analyzing and recording transactions Adjusting accounts and preparing financial statements Completing the accounting cycle Merchandising operations Cash and internal control & receivables Inventory and cost of sales Long-term assets Current liabilities Income and equity Statement of cashflows (1) Statement of cashflows (2) & review Text in the book Chapter 1 Chapter 2 Chapter 3 Chapter 4 Chapter 5 Chapter 7 & 8 Chapter 6 Chapter 9 Chapter 12 Chapter 11 Chapter 13 Chapter 13

Additional Notes: Ms. Elaine Tan will be lecturing from week 1 to 6 and Dr. Luo Shuqing will be covering lectures from week 7 to 12. Each lecturer will provide details of lecture topics, reading references and tutorial questions in separate handouts to be downloaded from the course website. Tutorials commence from the third week of the class. Students should stick to their assigned tutorial slots, unless otherwise approved by the BBA Program Office.
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2.