BAN 702- Financial Accounting

• Contact Information

• Course Description

• Course Outcomes

• Prerequisites

• Required Text(s) and Materials

• Assessment Method(s) and Evaluation

• Grading

• Attendance Policy

• Academic Integrity

• Course Expectations

• Tentative Detailed Course Content and Recommended Readings

• Student Opinion of Instruction

• Title IX Statement

• Access Statement

• Instructor:
• Office:
• E-Mail:
• Phone:
• Office Hours: (Virtual via portal)

Financial Accounting describes the financial resouces, obligtions and activities of an economic entity. It is designed to assist investors and creditors in the desicion making where industries, companies and countries for growth. There is a need for financial accounting in daily activities as well. The course presents the basic concepts and principles of accounting for preparing for the financial statements such as income statement ( financial performane) and balalnce sheet (financial position). The course focuses on detailed understanding of accounting information system, accounting concepts, accounting principles, accounting cycle, recording of transactions and financial statement concepts.

Upon the completion of this course, the student will be able to:

1. combine practice and theoretical knowledge of financial accounting.
2. be active learners and develop awareness of emerging trends in financial accounting .
3. provide decision making skills to the students in the financial context.
4. have an ability to identify and analyze financial accounting problems and opportunities in real life situations.

None

1. Libby, B. , Libby P. and Hodge F., Financial Accounting, McGraw-Hill Publishing Company, 9th Edition, ISBN-13 978 -1259222139, 2016.2. Drake, Engel, Hirst, McAnally Cases in Financial Reporting, Cambridge Business Publishers, 2015

Grading for the course will be based on the following:

Assesment	Weight	Submission
Mid-Term	25%	Multiple Choice Exam plus short essay
Financial Report	20%	Soft Copy plusTurnitin
Quizzes	20%	Multiple Choice Exam
Final Exam	35%	Multiple Choice Exam plus short essay
TOTAL	100%

Mid-Term Exam:	The mid-term exam is 25% of the final average. The mid-term exams will be administered by means of the portal on the scheduled date. The exam consists of multiple choice questions and short work problem. There will be 1.5 hours to complete it.
Final Exam:	The final exam is 35% of the final average: A comprehensive final exam will be administered by means of the portal on the scheduled date. The comprehensive final exam consists of multiple choice questions and short work problem. There will be 1.5 hours to complete it.
Financial Report:	This is 20% of the final average, The objective of the project is to provide you with experience in applying the concepts and methods of financial reporting. A case will be given to students on the stated date. The report should be designed according to the requirements of the course.
Quizzes:	4 mini quizzez (worth 5% each ) will be conducted from the sessions These quizzez tests will test your knowledge of the textbook chapters and are composed of 15 multiple-choice questions. The quizzez will be given after every three sessions. The students should follow their portal to learn the exact date of the quizzez. There will be no make-up the quiz.

Policy on Make- ups: Make-up examinations will only be administered to students with excused absences. Excused absences include death in the immediate family, University sponsored trips or critical illness. Verification is required and permission to miss an examination must be secured PRIOR TO the scheduled examination time. If this condition is not met, a zero will be given for the missed exam.

Grading Scale
Grade	Quality Points
A = Excellent	90 – 100%
B = Good	80 – 89%
C = Satisfactory	70 – 79%
D = Passing	60 – 69%
F = Failing	below 60%

Incompletes- I

Incompletes (I) demonstrate that a student was doing sufficient work at the end of a semester period but, for reasons beyond the control of the student, was unable to complete all requirements of the course in the related semester. The grade I obliges student to complete all course requirements within a time period that is specified by the instructor. This time period can’t exceed one academic calendar year from the end of the semester in that the grade I is assigned. The students has to arrange with the course instructor in order to complete all course requirements in a specified time period. If all course requirements are not completed by the students in a specified time period, I is changed to the grade F, unless the instructor has assigned a different grade.

Withdrawals-W

Students may withdraw from courses following the drop and add period until mid-term by completing the withdrawal process on the portal. A grade of "W" will appear in the student's official records if the student has withdrawn according to the SFU’s Withdrawal Policy. (Please see the SFU’s Withdrawal Policy for details.)

The regulations for attendance of Suje Florida University will be applied for the course.

Academic integrity is the responsibility of all Suje Florida University faculty and students. Cheating and plagiarism are not tolerated and will result in a failing grade, if the student is found guilty of cheating. Students are responsible for knowing and abiding by the Academic Integrity Policy. All students are expected to do their own work and to uphold a high standard of academic ethics.

1. Students are expected to read assigned material prior to lecture and participate in discussions and activities.
2. Log on at least three times a week – on different days in order to completely weekly assignments, assessments, discussions and/or other weekly deliverables as directed by the instructor and outlined in the syllabus.
3. Participate in the weekly threaded discussions, this means that, in addition to posting a response to the thread topic presented, students are expected to respond to each other and comment and questions from the instructor and/or other students.
4. Check your e-mail often.
5. Communications with the instructor should be via University portal or the phone numbers listed above. Email is preferred.
6. You should access and be familiar with the online assistance available to help you with program courses. Links to Student Information and Student Resources can be found on the … website.
7. It is your responsibility to ensure you are registered throughout the course. Work out problems in registration directly with the Registrar’s Office.

Week	Topic	Recommended Reading(s)	Assesment due this period
1	Financial Statements and Business Decisions	Libby, B. , Libby P. and Hodge F., Financial Accounting, McGraw-Hill Publishing Company, 9th Edition, , 2016. Chapter 1 , p.2	Chapter End Case
2	Investing and Financing Desicions and the Accounting	Libby, B. , Libby P. and Hodge F., Financial Accounting, McGraw-Hill Publishing Company, 9th Edition, , 2016.Chapter 2 , p.42	Chapter End Case
3	Operating Decisions and the Accounting System	Libby, B. , Libby P. and Hodge F., Financial Accounting, McGraw-Hill Publishing Company, 9th Edition, , 2016.Chapter 3 , p.102	QUIZ 1 Chapters 1-2
4	Adjustments, Financial Statments and the Quality of Earnings	Libby, B. , Libby P. and Hodge F., Financial Accounting, McGraw-Hill Publishing Company, 9th Edition, , 2016.Chapter 4, p.164	Chapter End Case
5	Communicating and Interpreting Accounting Information	Libby, B. , Libby P. and Hodge F., Financial Accounting, McGraw-Hill Publishing Company, 9th Edition, , 2016.Chapter 5, p.230	Chapter End Case
6	Reporting and Interpreting Sales Revenue, Receivables and Cash	Libby, B. , Libby P. and Hodge F., Financial Accounting, McGraw-Hill Publishing Company, 9th Edition, , 2016.Chapter 6, p.282	QUIZ 2 Chapters 4-5
7	Reporting and Interpreting Cost of Goods Sold and Inventory	Libby, B. , Libby P. and Hodge F., Financial Accounting, McGraw-Hill Publishing Company, 9th Edition, , 2016. Chapter 7, p.332	Chapter End Case
8	Midterm
9	Reporting and Interpreting Property, Plant and Equipment: Intangible and Natural Resouces	Libby, B. , Libby P. and Hodge F., Financial Accounting, McGraw-Hill Publishing Company, 9th Edition, , 2016.Chapter 8 , p.388	Chapter End Case
10	Reporting and Interpreting Liabilities	CLibby, B. , Libby P. and Hodge F., Financial Accounting, McGraw-Hill Publishing Company, 9th Edition, , 2016.Chapter 9 , p.458	Chapter End Case
11	Reporting and Interpreting Bond Securities	Libby, B. , Libby P. and Hodge F., Financial Accounting, McGraw-Hill Publishing Company, 9th Edition, , 2016. Chapter 10 ,p.506	QUIZ 3 Chapters 8-9
12	Reporting and Interpreting Stockholders’Equity	Libby, B. , Libby P. and Hodge F., Financial Accounting, McGraw-Hill Publishing Company, 9th Edition, , 2016. Chapter 11 , p.554
13	Statement of Cash Flows	Libby, B. , Libby P. and Hodge F., Financial Accounting, McGraw-Hill Publishing Company, 9th Edition, , 2016. Chapter 12 , p.600	Chapter End Case
14	Analyzing Financial Statements	Libby, B. , Libby P. and Hodge F., Financial Accounting, McGraw-Hill Publishing Company, 9th Edition, , 2016. Chapter 13, p.658	QUIZ 4 Chapters 12-13
15	A Question of Ethics	Libby, B. , Libby P. and Hodge F., Financial Accounting, McGraw-Hill Publishing Company, 9th Edition, , 2016. Chapter 13, p.683
16	Final Exam		Report Submission

At the end of the term, all students will be expected to complete an online Student Opinion of Instruction survey that will be available on portal. Students will receive an email notification through their VSU email address when the SOI is available. SOI responses are anonymous to instructors/administrators. Instructors will be able to view only a summary of all responses two weeks after they have submitted final grades.

Suje Florida University is committed to creating a diverse and inclusive work and learning environment free from discrimination and harassment. Discrimination on the basis of race, color, ethnicity, national origin, sex (including pregnancy status, sexual harassment and sexual violence), sexual orientation, gender identity, religion, age, national origin, disability, genetic information, or veteran status, in the Suje Florida University's programs and activities is prohibited as required by applicable laws and regulations such as Title IX. The individual designated with responsibility for coordination of compliance efforts and receipt of inquiries concerning nondiscrimination policies is the University's Title IX Coordinator.

Students with disabilities who are experiencing barriers in this course may contact the Access Office for assistance in determining and implementing reasonable accommodations.