TEACHING PLAN

COURSE SCHEDULE
SEMESTER JUNE 2016
COURSE
: BASIC ACCOUNTING & FINANCE (BBF105)
LECTURER : NUR FATIN KASBUN
ASSESSMENT :

Assignment
Mid-Term
Quizzes
Final Exam

20%
20%
10%
50%

TEXT:

1. Fatimah Abd Rauf; Amla Abu; Radziah Mahmud. Financial Accounting for Non-Accounting
Students. 3rd edition. McGraw Hill.
2.

Wee
k

Keown, A.J Martin, J.D, Petty, J.W.,2011. Foundation of Finance: The Logic and Practice of
Financial Management, 7th ed, Pearson.

Dates

17/6/16

24/6/16

Lessons
INTRODUCTION OF THE COURSE
Topic 1: Understanding the Accounting and
Finance Environment
Role of accounting in a business
Definitions:
Bookkeeping vs accounting
The accounting profession
Accounting principles, assumptions and
constraints.
Users of accounting information
Financial statement:
Income statement
Statement of Financial Position
Types of Business organizations
Proprietorships
Partnerships
Corporations
Topic 2:The Accounting cycle
The accounting cycle (Source documents)
Accounting equation and double entry concepts
Types and functions of accounts
Revenue
Expenses
Assets
Liabilities
Owners Equity
Effects of transactions on the accounting
equation
Preparing journal entry
Posting from journal entry to ledger accounts.

Assignments

Remarks

1/7/16

8/7/16

6
7

Topic 2:The Accounting cycle (cont.)

Closing accounts
Preparing trial balance
Prepare financial statement from trial balance.
Eid Mubarak
SEMESTER BREAK

Topic 3: Adjustment
Introduction to accrual basis concept
Accruals & Prepayment
Depreciation
15/7/16
Adjusting journal entries
Worksheet
Prepare adjusting journal entries
Topic 3: Adjustment (cont.)
22/7/16
Preparing adjusted trial balance in worksheet
Topic 3: Adjustment (cont.)
29/7/16
Preparing financial statements income
statement and balance sheet
Topic 4: Financial Analysis
Horizontal versus vertical analysis
Ratio Analysis
5/8/16
Assessing, liquidity, performance and solvency of
company
Comparison between companies
12/8/16

10

19/8/16

11

26/8/16

12

2/9/16

Mid-Term Examination
Topic 5: Working capital management
overview
Definition
Cash management
Debtor management
Inventory management
Topic 6: Financial planning
Profit and cash planning/forecasting
Cash budget
Topic 6: Financial planning
Capital budgeting
Topic 7 : Cost Volume Profit
The usage of CVP analysis
The relationship between cost volume and profit
Break-Even Point concept (BEP)
Topic 8: Time Value of Money
Compound Interest

Future value-concept, equation, use of tables,

relationship between interest and time
Current value-concept, equation, use of tables,
relationship between interest & time.
General annuity

13

9/9/16

14

16/9/16

15

23/9/16

Revision

16

30/9/16

FINAL EXAM