Bachelor Degree in Business Administration and Economics

Updated A.Y. 2022-2023

Ⅰ Course Objectives and Demands

This course is designed to provide you with a basic understanding of financial accounting and financial reporting. Specific attention will be devoted to the preparation, analysis and basic interpretation of financial information and financial statements. We will focus on the four financial statements used by external stakeholders for decision making purposes. By the end of the course, you should feel comfortable with reading a company's annual report and be able to make comparisons with other firms across different time periods.
Please note that you may need a calculator both in class and exams.
Ⅱ Textbook and references

Horngren, Sundem, Elliot and Philbrick, Introduction to Financial Accounting, Prentice Hall, 11th edition, Chapter 1 up to 7 with some paragraphs exclusions, which will be communicated during classes.
Chosen Annual report
Please bring your textbook to every class as during lectures your instructor may refer to the text and also may work through selected textbook problems. A calculator will be needed in class.

Ⅲ Credits, Teaching Hours and Teaching Methods
Credit: 6
Credit hour: 36
Teaching methods:
Lecture                                 60%
Exercises, Discussion and group presentatio  40%
(Homework assignments are the basis for class discussion)

Ⅳ Grading
Weekly tests 20%
Group Projects 30%
Final exam 50%
Total 100%

The following factors are considered in the class participation and they can give to students additional bonuses:
1. Attendance.
2. Volunteering answers to questions or asking good questions.
3. Responses to discussion questions.

The exams will be composed primarily of multiple-choice questions, short answer questions, essay questions, problems and the preparation of financial statements or other financial data. There will be no makeup exams for any reason. 

Ⅴ Course Content and Time
Depending on overall class progress, the daily schedule may be adjusted. Any departures from the syllabus will be announced in class.

 

 

Updated A.Y. 2021-2022

Ⅰ Course Objectives and Demands

This course is designed to provide you with a basic understanding of financial accounting and financial reporting. Specific attention will be devoted to the preparation, analysis and basic interpretation of financial information and financial statements. We will focus on the four financial statements used by external stakeholders for decision making purposes. By the end of the course, you should feel comfortable with reading a company's annual report and be able to make comparisons with other firms across different time periods.
Please note that you may need a calculator both in class and exams.
Ⅱ Textbook and references

Horngren, Sundem, Elliot and Philbrick, Introduction to Financial Accounting, Prentice Hall, 11th edition, Chapter 1 up to 7 with some paragraphs exclusions, which will be communicated during classes.
Chosen Annual report
Please bring your textbook to every class as during lectures your instructor may refer to the text and also may work through selected textbook problems. A calculator will be needed in class.

Ⅲ Credits, Teaching Hours and Teaching Methods
Credit: 6
Credit hour: 36
Teaching methods:
Lecture                                 60%
Exercises, Discussion and group presentatio  40%
(Homework assignments are the basis for class discussion)

Ⅳ Grading
Weekly tests 20%
Group Projects 35%
Final exam 45%
Total 100%

The following factors are considered in the class participation and they can give to students additional bonuses:
1. Attendance.
2. Volunteering answers to questions or asking good questions.
3. Responses to discussion questions.

The exams will be composed primarily of multiple-choice questions, short answer questions, essay questions, problems and the preparation of financial statements or other financial data. There will be no makeup exams for any reason. 

Ⅴ Course Content and Time
Depending on overall class progress, the daily schedule may be adjusted. Any departures from the syllabus will be announced in class.

 

 

Updated A.Y. 2020-2021

Ⅰ Course Objectives and Demands

This course is designed to provide you with a basic understanding of financial accounting and financial reporting. Specific attention will be devoted to the preparation, analysis and basic interpretation of financial information and financial statements. We will focus on the four financial statements used by external stakeholders for decision making purposes. By the end of the course, you should feel comfortable with reading a company's annual report and be able to make basic comparisons with other firms across different time periods.
Please note that you may need a calculator both in class and exams.
Ⅱ Textbook and references

Horngren, Sundem, Elliot and Philbrick, Introduction to Financial Accounting, Prentice Hall, 11th edition, Chapter 1 up to 7 (except chapter 5)
Chosen Annual report
Please bring your textbook to every class as during lectures your instructor may refer to the text and also may work through selected textbook problems. A calculator will be needed in class.

Ⅲ Credits, Teaching Hours and Teaching Methods
Credit: 6
Credit hour: 36
Teaching methods:
Lecture                                 65%
Exercises, Discussion and group presentation  35%
(Homework assignments are the basis for class discussion)

Ⅳ Grading
Group Project presentation and report + oral questions 40%

Weekly online test 20%

Final (written) exam 40%

Total 100%

The following factors are considered in the class participation and they can give to students additional bonuses on their final grade:
1. Attendance.
2. Volunteering answers to questions or asking good questions.
3. Responses to discussion questions.

The exam will be composed primarily of multiple-choice questions, short answer questions, essay questions, problems and the preparation of financial statements or other financial data. There will be no makeup exams for any reason. It is therefore essential that you attend all exams.  A non-programmable calculator will be permitted for use in the exams, but no electronic communication devices (cell phones, Tablets etc.) are permitted at the exam tables.

Ⅴ Course Content and Time
Depending on overall class progress, the daily schedule may be adjusted. Any departures from the syllabus will be announced in class.

 

Updated A.Y. 2019-2020

Ⅰ Course Objectives and Demands

This course is designed to provide you with a basic understanding of financial accounting and financial reporting. Specific attention will be devoted to the preparation, analysis and basic interpretation of financial information and financial statements. We will focus on the four financial statements used by external stakeholders for decision making purposes. By the end of the course, you should feel comfortable with reading a company's annual report and be able to make basic comparisons with other firms across different time periods.
Please note that you may need a calculator both in class and exams.
Ⅱ Textbook and references

Horngren, Sundem, Elliot and Philbrick, Introduction to Financial Accounting, Prentice Hall, 11th edition, Chapter 1 up to 7 (except chapter 5)
Chosen Annual report
Please bring your textbook to every class as during lectures your instructor may refer to the text and also may work through selected textbook problems. A calculator will be needed in class.

Ⅲ Credits, Teaching Hours and Teaching Methods
Credit: 6
Credit hour: 36
Teaching methods:
Lecture                                 65%
Exercises, Discussion and group presentation  35%
(Homework assignments are the basis for class discussion)

Ⅳ Grading
Group Project presentation and report 35%
Final exam 65%
Total 100%

The following factors are considered in the class participation and they can give to students additional bonuses:
1. Attendance.
2. Volunteering answers to questions or asking good questions.
3. Responses to discussion questions.

The exam will be composed primarily of multiple-choice questions, short answer questions, essay questions, problems and the preparation of financial statements or other financial data. There will be no makeup exams for any reason. It is therefore essential that you attend all exams.  A non-programmable calculator will be permitted for use in the exams, but no electronic communication devices (cell phones, Tablets etc.) are permitted at the exam tables.

Ⅴ Course Content and Time
Depending on overall class progress, the daily schedule may be adjusted. Any departures from the syllabus will be announced in class.

 

Updated A.Y. 2018-2019

Ⅰ Course Objectives and Demands

This course is designed to provide you with a basic understanding of financial accounting and financial reporting. Specific attention will be devoted to the preparation, analysis and basic interpretation of financial information and financial statements. We will focus on the four financial statements used by external stakeholders for decision making purposes. By the end of the course, you should feel comfortable with reading a company's annual report and be able to make basic comparisons with other firms across different time periods.
Please note that you may need a calculator both in class and exams.
Ⅱ Textbook and references

Horngren, Sundem, Elliot and Philbrick, Introduction to Financial Accounting, Prentice Hall, 11th edition, Chapter 1 up to 7 (except chapter 5)
Chosen Annual report
Please bring your textbook to every class as during lectures your instructor may refer to the text and also may work through selected textbook problems. A calculator will be needed in class.

Ⅲ Credits, Teaching Hours and Teaching Methods
Credit: 6
Credit hour: 36
Teaching methods:
Lecture                                 65%
Exercises, Discussion and group presentation  35%
(Homework assignments are the basis for class discussion)

Ⅳ Grading
Group Project presentation and report 35%
Final exam 65%
Total 100%

The following factors are considered in the class participation and they can give to students additional bonuses:
1. Attendance.
2. Volunteering answers to questions or asking good questions.
3. Responses to discussion questions.

The exam will be composed primarily of multiple-choice questions, short answer questions, essay questions, problems and the preparation of financial statements or other financial data. There will be no makeup exams for any reason. It is therefore essential that you attend all exams.  A non-programmable calculator will be permitted for use in the exams, but no electronic communication devices (cell phones, IPAD etc.) are permitted at the exam tables.

Ⅴ Course Content and Time
Depending on overall class progress, the daily schedule may be adjusted. Any departures from the syllabus will be announced in class.

 

Preliminary Course calendar

9/17 and 9/18 Introduction, Financial Reports, Bookkeeping  and balance sheet chp 1

9/24Training Session

9/25 Income Statement chp 2
9/27 Recording Transaction chp 3

10/1 Training Session
 

Operating activities

10/2 Accrual Accounting Ch 5
10/4 Accounts receivable and bad debt revenue ch6
10/8 Inventories and cost of goods sold ch 7
10/9 Training session

10/15 Class presentation

10/29 Pre exam
 

 

Updated A.Y. 2016-2017

Ⅰ Course Objectives and Demands

This course is designed to provide you with a basic understanding of financial accounting and financial reporting. Specific attention will be devoted to the preparation, analysis and basic interpretation of financial information and financial statements. We will focus on the four financial statements used by external stakeholders for decision making purposes. By the end of the course, you should feel comfortable with reading a company's annual report and be able to make comparisons with other firms across different time periods.
Please note that you may need a calculator both in class and exams.
Ⅱ Textbook and references

Horngren, Sundem, Elliot and Philbrick, Introduction to Financial Accounting, Prentice Hall, 11th edition, Chapter 1 up to 11
Chosen Annual report
Please bring your textbook to every class as during lectures your instructor may refer to the text and also may work through selected textbook problems. A calculator will be needed in class.

Ⅲ Credits, Teaching Hours and Teaching Methods
Credit: 12
Credit hour: 72
Teaching methods:
Lecture                                 60%
Exercises, Discussion and group presentatio  40%
(Homework assignments are the basis for class discussion)

Ⅳ Grading
Group Project presentation and report 30%
Mid-term Exam 40%
Final exam 30%
Total 100%

The following factors are considered in the class participation and they can give to students additional bonuses:
1. Attendance.
2. Volunteering answers to questions or asking good questions.
3. Responses to discussion questions.

The mid-term exam will consist of basic questions on the assigned chapter for the class and/or more difficult questions on recently completed chapters. The format of the exams may differ among sections, usually include multiple choice, true or false and problems and brief numerical exercises. The final exam will be cumulative, covering all of the material considered in this course, but will emphasize material of the rest of the chapters. The exams will be composed primarily of multiple-choice questions, short answer questions, essay questions, problems and the preparation of financial statements or other financial data. There will be no makeup exams for any reason. It is therefore essential that you attend all exams. If you miss the midterm for a valid reason and have provided documentation (please notice the instructor before the midterm date about your absence), the weight of the midterm will be added to your final exam.  A non-programmable calculator will be permitted for use in the exams, but no electronic communication devices (cell phones, IPAD etc.) are permitted at the exam tables.

Ⅴ Course Content and Time
Depending on overall class progress, the daily schedule may be adjusted. Any departures from the syllabus will be announced in class.

 

Preliminary Course calendar

2/20-2/21 Introduction, Financial Reports and Bookkeeping chp 1

2/22 Balance sheet chp1

2/27 Training session Carlino
2/28 3/1 Income Statement chp 2

3/6 Recording Transactions chp3
3/7 Training Session 

Operating activities
3/8 Accrual Accounting Chp4
3/13 Accounting receivable and bad debt Revenue  Chp6
3/14 Cash and Cash Flow statement Chp5 
3/15 Inventories and cost of goods sold Chp7
3/20 Inventories and cost of goods sold Chp7
3/21 Training Session
3/22 Mid term simulation
4/5 Mid term

Investing activities and Financing activities
3/27 investment Chp11
3/28-3/29 PPE and Intangible assets Chp8
4/10 Liabilities and Interest Chp 9 - 
4/11 Stockholders’ equity Chp 10
4/12 Training session 

4/26 Group Project presentation Students
5/2 Group Project presentation Students
5/3 Group Project presentation Students
5/5 Final Exam