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ACC2210 BUSINESS ACCOUNTINGINSTRUCTOR GUIDE May 2013Title of Course: Business Accounting Credit Weightage: 3 Credits Pre-requisite: NoneOverview of the Course:This course is an introduction to financial accounting, it aims to develop the skills and knowledge necessary to progress towards more advanced work on financial accounting and reporting.Course Learning Outcomes and Assessment Measures:The aims of this course are to enable students to:Upon completion of this course the students will be able to:understand accounting principles and the function of financial reportsunderstand the underlying accounting records and accounting conventions that are being used in preparing financial statementsprepare year-end financial statements for sole proprietorship, manufacturing and clubs or non profit organisation.Upon completion of this course, students will be able toEach student learning outcome will be assessed in the following manner:explain accounting principles and role of financial reportsClass presentation and final examexplain the concept of accrual accounting and why it is usedQuizzes and final examuse double entry system of accounting to record business transactionsGroup/individual assignments and testprepare the adjusting entries and closing entries and basic financial statementFinal exam, group/individual assignmentsprepare the bank reconciliations and explain basic procedures for internal control of cashTest Assessment for course material :Assignment (Individual): 10%, Presentations (individually assessed): 10%,Quiz: 10%; Test: 20%, Practice Questions: 10%, Final Examination: 40%STUDENT EVALUATION:Assignment (Individual): 10%, Presentations (individually assessed): 10%,Quiz: 10%; Test: 20%, Practice Questions: 10%, Final Examination: 40%FINAL EXAMINATION FORMAT:Duration: 3 hoursStudents are required to answer FIVE questions out of SEVEN. Section A: 3 compulsory questions.Section B: 2 (out of 4) essay questions of 20 marks each.GRADING SCALE:A+ (90-100), A (80-8
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