FUN WITH ACCOUNT




COURSE INFORMATION OUTLINE

CODE & COURSE              : PA101- FUNDAMENTALS OF ACCCOUNTING
PRE-REQUISITE(S)            : NONE


LECTURER                          : MOHD AZMI BIN MH BUSRA                                                                        
DEPARTMENT                    : COMMERCE

DELIVERY METHOD          : LECTURE & TUTORIAL 
CREDIT HOURS                  :  3             TOTAL LECTURE HOURS             :  45
           TOTAL TUTORIAL HOURS            :  30


COURSE LEARNING OUTCOME

At the end of this course, you will be able to :
1.   apply clearly basic principles, concept and framework for accounting based on the current 
     Accounting Standards in  preparing the Trial Balance, Financial Statements, control account 
     and Bank Reconciliation. 

2.   Accomplish successfully the double entry concept to form a Trial Balance systematically and 
     the Financial Statements using the post-trial balance adjustment.

3.   Comply efficiently with proper accounting techniques in preparing the control account based 
     on accounting equation and the Bank Reconciliation Statement and its impact by using 
     adjusted and unadjusted cash book.



TOPIC
PARTICULARS
1
INTRODUCTION TO ACCOUNTING LeT's LEarN!
Framework of financial accounting, roles of an accountant, function of financial accounting and the types of business or entities
2
ACCOUNTING BOOKS  LeT's LEarN!
Accounting cycle, source of documents used in the business and books of prime entry and subsidiaries ledgers
LeT's Play! Tutorial Journal and Cash Book aNsWER

3
DOUBLE ENTRY CONCEPTS  LeT's LEarN!
Double-entry concepts and accounting equation
LeT's Play!Tutorial Accounting Equation aNsWER

4
TRIAL BALANCE  LeT's LEarN!
Preparing Trial Balance and its function in accounting record system and produce a Trial Balance
LeT's Play!Tutorial Trial Balance
5
FINANCIAL STATEMENT  LeT's LEarN
                                          LeT's LEarN!
Purpose of preparing Financial Statements and prepare the Financial Statements based on Trial Balance
LeT's PlaY! Tutorial Trading+P&L
6
ADJUSTMENT ACCOUNTS  LeT's LEarN!
Accrual basis and cash basis accounting, accrual and prepayments in Financial Statements, accounting treatment towards bad debts, provisions for doubtful debts and bad debts recovery, depreciation and accumulated depreciation, differences between revenue and capital expenditure and Financial Statements with adjustments
LeT's PlaY! Tutorial Adjusment Account
7
CONTROL ACCOUNT  LeT's LEarN!
The importance and functions of Control Accounts, prepare Receivable Control Account and Payable Control Account and identify credit balance in Receivable Control Account and debit balance in Payable  Control Account
8
BANK RECONCILIATION STATEMENT  LeT's LEarN!
Differences exist between cash book (bank column) and the bank statement balance, procedure for preparation of Bank Reconciliation Statement and prepare Bank Reconciliation Statement with adjusted cash book and unadjusted cash book

Dear students, there are little changes in course information outline. So you are advise to print the new outline and keep it for your reference.  Thank you.

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MOHD AZMI BIN MH BUSRA
Lecturer
Commerce Department
PSIShttp://www.2shared.com/document/LoO3bJfW/Tutorial_PL.html