Financial Accounting Course Code

FINANCIAL ACCOUNTINGCOURSE CODE: 01-01-0332SECTION CODE: 1181Course Study Guide
Academic Year Fall 2011BBA ProgramDepartment of Business AdministrationFaculty of Management Sciences     Summarized Course Outline of Financial Accounting, for BBA (Fall 2010)Course Facilitators: Moona Shamim |
Lecture | Contents of Lectures |
1 & 2 | Course Introduction (Individual project assigned)Overview & FundamentalsRatio Analysis |
3 | The corporation: Valuation |
4 | Partnership: Formation & Withdrawal of Funds |
5 | Partnership: Distribution of profit & loss |
5 & 6 | Partnership: Admission |
6 & 7 | Partnership: Retirement |
7 | Partnership: Dissolution |
Mid-Term | Midterm Examination - COMPULSORY |
8 & 9 | Company Accounts: Absorption |
10 | Company Accounts: Amalgamation |
11 | Company Accounts: Reconstruction |
11 & 13 | Company Accounts: Final Accounts |
14 & 15 | Statement of Cash flow |
15 | Project Submission & Presentation (No late work will be accepted!) |
16 | FINAL Examination – COMPULSORY |

Introduction
This course is designed to provide an overview of the framework in which accounting information is prepared and its use by managers & other stakeholders in the decision making process.   It explains how systematically financial transactions are recorded, classified and summarized in order to provide a deeper insight into the management of the affairs of the organization. Further, it will demonstrate how financial statements are prepared & used by managers in order to evaluate the operational and financial health of the organization.

Objectives
  * To expose the students to the framework in which accounting information is prepared and its use by the managers & other stakeholders in the decision making process.
  * To explain how systematically financial transactions are recorded, classified and summarized in order to provide a deeper insight to the management into the...