BFFS1201 - Introduction to Accounting
Overview
Introduction to Accounting is a foundational course that introduces students to the basic concepts, principles, and practices of accounting as an information system for business decision-making. The course provides students with an understanding of the accounting environment, accounting standards, the accounting cycle, and the preparation of financial statements.
Students will learn how to identify, classify, analyse, and record business transactions using the accounting equation, journals, ledgers, and trial balances. The course also discusses adjusting entries, worksheets, closing entries, and the preparation of financial statements for service and merchandising companies.
In addition, students are introduced to ethical responsibilities in accounting, internal control concepts, and the role of accounting information in economic decision-making. Through practical accounting exercises, collaborative projects, case studies, and accounting simulations, students are expected to develop analytical thinking, problem-solving skills, and professional attitudes in accounting practices.
The course integrates theoretical understanding with practical applications to prepare students for advanced accounting subjects and professional accounting environments.
Learning Hours Composition:
- 45 hours of face-to-face learning across 16 instructional and assessment sessions, including lectures, guided exercises, case discussions, project presentations, and examinations.
- 45 hours of structured learning, including transaction exercises, accounting-cycle practice, case analysis, project preparation, and guided assignments.
- 45 hours of independent learning, including textbook study, problem-solving, financial-statement review, project work, and examination preparation.
Managing Faculty:
Credit Point:
3 Credit(s)
Learning Hours:
45 hours x 3CPs = 135 hours
