Syllabus

BUS142G​ ​–​ ​Financial​ ​Accounting​ ​(6​ ​ECTS)

Fall​ ​2017

1. Contact​ ​details
Instructor:​​ ​Prof.​ ​dr.​ ​Ilse​ ​Scheerlinck

Office:​​ ​Karel-Van-Miert​ ​Building,​ ​Pleinlaan​ ​5

E-mail:​​ ​ilse.scheerlinck@vub.be

Office​ ​hours:​​ ​Tuesday,​ ​14:00-15:00,​ ​Thursday,​ ​13:30-14:30,​ ​or​ ​by​ ​appointment.

The​ ​instructor​ ​will​ ​notify​ ​students​ ​in​ ​advance​ ​via​ ​Pointcarré​ ​in​ ​case​ ​office​ ​hours​ ​need​ ​to​ ​be​ ​re-scheduled.

The syllabus is a key document containing all practicalities, requirements and deadlines regarding the course. Students should have read
it​ ​thoroughly​ ​immediately​ ​after​ ​receipt​ ​and​ ​should​ ​consult​ ​it​ ​daily​ ​throughout​ ​the​ ​semester.

Students should only use their official VUB e-mail addresses for College business. This e-mail address is also required to get access to
Pointcarré,​ ​the​ ​virtual​ ​bulletin​ ​board​ ​that​ ​the​ ​instructor​ ​uses​ ​to​ ​communicate​ ​with​ ​students​ ​and​ ​to​ ​distribute​ ​course-related​ ​documents.

URL:​ ​http://pointcarre.vesalius.edu/

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2. Time​ ​of​ ​classes

Classes​ ​will​ ​be​ ​held​ ​at​ ​the​ ​following​ ​times:

Tuesday,​ ​8:30-10:00

Thursday,​ ​8:30-10:00

3. Pre-requisite
There​ ​is​ ​no​ ​pre-requisite​ ​for​ ​the​ ​course.
However, as financial accounting involves the analysis and interpretation of data, a working knowledge of arithmetics may be helpful in
successfully​ ​completing​ ​the​ ​course.
In​ ​addition,​ ​financial​ ​accounting​ ​requires​ ​accurate​ ​and​ ​logical​ ​thinking,​ ​which​ ​can​ ​be​ ​learnt​ ​with​ ​practice​ ​in​ ​accounting​ ​classes.

4. Course​ ​description

The course introduces students to the subject of financial accounting. The course examines the three major financial statements that
form the core of financial accounting: the statement of cash flows, the income statement (or profit and loss account), and the statement
of financial position (or balance sheet). Students will learn about the ways in which financial statements and information can be used to
improve the quality of decision making. They will also learn the basic principles of double-entry bookkeeping. Major topics are: cash
flow, financial ratio analysis, inventory, current and non-current liabilities and equity structures. The course also looks at accounting
treatment of groups of companies and the audit process. Throughout the semester, the course will on a weekly basis devote sufficient
time​ ​on​ ​practical​ ​examples​ ​and​ ​exercises.

5. Learning​ ​objectives

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The​ ​learning​ ​objectives​ ​on​ ​the​ ​course​ ​are:

I. Develop​ ​knowledge​ ​and​ ​understanding​ ​of:

-​ ​the​ ​fundamental​ ​aspects​ ​of​ ​financial​ ​accounting;
-​ ​the​ ​main​ ​accounting​ ​conventions​ ​underpinning​ ​the​ ​various​ ​financial​ ​statements.

II. Apply​ ​knowledge​ ​by:

-​ ​learning​ ​to​ ​prepare​ ​financial​ ​statements​ ​from​ ​relevant​ ​financial​ ​information
​ ​ ​and​ ​interpret​ ​the​ ​information​ ​that​ ​it​ ​contains;
-​ ​calculating​ ​and​ ​interpreting​ ​key​ ​investment​ ​ratios;
-​ ​demonstrating​ ​problem-solving​ ​skills;
-​ ​interpreting​ ​company-level​ ​data.

III. Make​ ​judgments​ ​by:

-​ ​learning​ ​to​ ​interpret​ ​the​ ​information​ ​contained​ ​in​ ​financial​ ​statements
​ ​ ​and​ ​drawing​ ​the​ ​right​ ​conclusions​ ​in​ ​terms​ ​of​ ​decision​ ​making;
-​ ​learning​ ​how​ ​to​ ​present​ ​and​ ​process​ ​data​ ​in​ ​a​ ​sound​ ​and​ ​ethical​ ​way.

IV. Develop​ ​good​ ​communication​ ​skills​ ​by:

-​ ​demonstrating​ ​skills​ ​in​ ​written​ ​reporting​ ​with​ ​a​ ​particular​ ​focus​ ​on​ ​presenting​ ​data​ ​in​ ​financial​ ​statements.

V. Develop​ ​an​ ​appropriate​ ​attitude​ ​by:

-​ ​developing​ ​a​ ​sense​ ​of​ ​(corporate)​ ​responsibility​ ​and​ ​an​ ​awareness​ ​of​ ​values;
-​ ​learning​ ​to​ ​assess​ ​if​ ​business​ ​decisions​ ​and​ ​transactions​ ​are​ ​ethical;
-​ ​demonstrating​ ​a​ ​basic​ ​understanding​ ​of​ ​career​ ​options​ ​available​ ​to​ ​graduates.

6. Learning​ ​objectives

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Mandatory​ ​textbook

Miller-Nobles,​ ​Tracie​ ​L.,​ ​Mattison,​ ​Brenda​ ​L.,​ ​and​ ​Matsumura,​ ​Ella​ ​Mae​ ​(2016).​ ​Horngren’s​ ​Financial​ ​and​ ​Managerial​ ​Accounting​:​ ​The
Financial​ ​Chapters​ ​(fifth​ ​edition).​ ​Pearson​ ​(global​ ​edition).

Non-mandatory​ ​readings​ ​to​ ​widen​ ​and​ ​deepen​ ​the​ ​knowledge​ ​of​ ​accounting

Atrill,​ ​Peter​ ​and​ ​McLaney,​ ​Eddie​ ​(2013).​ ​Financial​ ​Accounting​ ​for​ ​Decision​ ​Makers​.​ ​(seventh​ ​edition).​ ​Pearson.

Marshall,​ ​David​ ​H.,​ ​McManus,​ ​Wayne​ ​W.​ ​and​ ​Viele,​ ​Daniel​ ​F.​ ​(2014).​ ​Accounting:​ ​what​ ​the​ ​numbers​ ​mean​.​ ​(tenth​ ​edition).​ ​Mc-Graw-Hill.

7. Class​ ​approach,​ ​preparedness,​ ​attendance,​ ​and​ ​attitude

Regular​ ​work​ ​and​ ​preparation

The​ ​instructor​ ​expects​ ​from​ ​students​ ​to​ ​work​ ​regularly​ ​and​ ​to​ ​show​ ​ethically​ ​correct​ ​behaviour.

Before coming to class, students should have read the material indicated on the syllabus. Class attendance and participation are
important​ ​in​ ​order​ ​to​ ​master​ ​the​ ​course​ ​material.
The overall examination approach at Vesalius College involves regular assessment. This regular assessment requires regular class
attendance​.

The instructor will hand out a list of applications and exercises on all chapters that are to be covered throughout the semester. Students
are required to solve by every next class the questions corresponding to the theory as mentioned on the weekly schedule. The instructor
regularly​ ​appoints​ ​students​ ​to​ ​answer​ ​the​ ​questions​ ​on​ ​the​ ​various​ ​course​ ​topics.

​ ​“By​ ​failing​ ​to​ ​prepare,​ ​you​ ​are​ ​preparing​ ​to​ ​fail.”​​ ​ ​(Benjamin​ ​Franklin)

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Course objectives in combination with time constraints do not allow us to cover in class all the material in the readings. We shall use the
limited​ ​time​ ​available​ ​in​ ​a​ ​flexible​ ​way​ ​by​ ​answering​ ​specific​ ​questions​ ​raised​ ​by​ ​students​ ​and​ ​doing​ ​applications​ ​and​ ​exercises.

Throughout​ ​the​ ​semester,​ ​pop​ ​quizzes​ ​may​ ​be​ ​organised​ ​to​ ​test​ ​your​ ​knowledge​ ​on​ ​theory​ ​and​ ​practice.

Vesalius​ ​College​ ​attendance​ ​policy

As the College is committed to providing students with high-quality classes and ample opportunity for teacher-student interaction, it is
imperative​ ​that​ ​students​ ​regularly​ ​attend​ ​class.​ ​As​ ​such,​ ​Vesalius​ ​College​ ​has​ ​a​ ​strict​ ​attendance​ ​policy.

Participation in class meetings is mandatory, except in case of a medical emergency (e.g., sickness). Students will need to provide
evidence for missing class (doctor’s note). If evidence is provided, the missed class is considered as an excused class. If no evidence is
provided​ ​immediately​ ​before​ ​or​ ​after​ ​the​ ​class,​ ​the​ ​missed​ ​class​ ​is​ ​counted​ ​as​ ​an​ ​absence.
Per​ ​class,​ ​a​ ​student​ ​may​ ​have​ ​a​ ​maximum​ ​of​ ​4​ ​unexcused​ ​sessions​ ​without​ ​affecting​ ​the​ ​attendance​ ​grade.

Participation implies that students are on time: as a general rule, the College advises that students should be punctual in this regard.
Arriving​ ​late​ ​is​ ​considered​ ​as​ ​being​ ​absent.

If​ ​students​ ​are​ ​absent​ ​for​ ​too​ ​many​ ​classes​ ​for​ ​a​ ​single​ ​course​,​ ​they​ ​receive​ ​a​ ​penalty​ ​on​ ​their​ ​overall​ ​grade​ ​for​ ​that​ ​course.
- If students are absent for five 1.5 hour class sessions of a course, they receive a penalty of 5 points on their overall grade
(out​ ​of​ ​100)​ ​for​ ​that​ ​course.
- For each additional absence (over five) for a 1.5 hour class session, an additional penalty of 1 point is applied to the
reduced​ ​course​ ​grade.

Example 1: at the end of the semester, a student has a course grade of 75/100. Over the course of the semester, s/he missed 4 unexcused
sessions​ ​of​ ​1.5​ ​hours​ ​for​ ​the​ ​course.​ ​No​ ​penalty​ ​is​ ​applied.

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Example 2: at the end of the semester, a student has an overall grade of 75/100. Over the course of the semester, s/he missed 5
unexcused sessions of 1.5 hours for the course. S/he receives a penalty of 5 points (out of a hundred), and his/her final course grade is
70/100.

Example 3: at the end of the semester, a student has an overall grade of 75/100. Over the course of the semester, s/he missed 7 sessions
of​ ​1.5​ ​hours​ ​for​ ​the​ ​course.​ ​S/He​ ​receives​ ​a​ ​penalty​ ​of​ ​7​ ​points,​ ​and​ ​his/her​ ​final​ ​course​ ​grade​ ​is​ ​68/100.

Note:​​ ​in​ ​case​ ​of​ ​absence,​ ​please​ ​check​ ​the​ ​syllabus​ ​to​ ​learn​ ​about​ ​which​ ​material​ ​was​ ​covered​ ​during​ ​that​ ​particular​ ​class.

Purpose​ ​of​ ​office​ ​hours

As an instructor, teaching to more than 50 students per semester, I have the responsibility to hold office hours in an efficient way. In case
students have questions on the course materials, they are required to ask them as much as possible during the class sessions.
Alternatively,​ ​questions​ ​can​ ​also​ ​be​ ​sent​ ​in​ ​advance​ ​to​ ​the​ ​instructor,​ ​who​ ​will​ ​treat​ ​the​ ​questions​ ​the​ ​next​ ​class.
Office hours are not meant for private tutoring, but rather to deal with specific questions and to discuss the overall progress of students
and​ ​feedback​ ​on​ ​tests​ ​and​ ​exams.

Attitude

The​ ​instructor​ ​places​ ​great​ ​emphasis​ ​on​ ​correct​ ​in-class​ ​behavior.​ ​Examples​ ​of​ ​wrong​ ​attitude​ ​that​ ​is​ ​not​ ​accepted​ ​are:
- arriving​ ​to​ ​class​ ​late;
- coming​ ​to​ ​class​ ​unprepared;
- being​ ​absent​ ​without​ ​a​ ​legitimate​ ​excuse;
- late​ ​notification​ ​of​ ​absence;
- rudeness,​ ​impoliteness,​ ​or​ ​disrespect​ ​to​ ​the​ ​instructor(s)​ ​or​ ​classmates;

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 - using​ ​ICT​ ​(laptops,​ ​tablets,​ ​smartphones,​ ​etc.)​ ​for​ ​non-class​ ​purposed;
- checking​ ​your​ ​smartphone​ ​while​ ​it​ ​is​ ​on​ ​your​ ​lap​ ​under​ ​the​ ​desk.

8. Applications​ ​and​ ​exercises​ ​for​ ​in-class​ ​discussion​ ​(see​ ​course​ ​schedule​ ​for​ ​due​ ​dates)
The​ ​main​ ​objectives​ ​of​ ​the​ ​applications​ ​and​ ​exercises​ ​for​ ​in-class​ ​discussion​ ​are:
- to​ ​apply​ ​and​ ​master​ ​the​ ​material​ ​on​ ​financial​ ​accounting;
- to learn from your mistakes and the in-class feedback provided by the instructor, so you are better prepared for in-class tests and
examinations;
- to​ ​participate​ ​on​ ​in-class​ ​tutorials;
- to​ ​help​ ​yourself​ ​get​ ​organised​ ​and​ ​meet​ ​deadlines.

Answers to applications and exercises do not have to be submitted and will not be graded. A good preparation may, however,
help​ ​you​ ​master​ ​the​ ​theory​ ​and​ ​will​ ​add​ ​to​ ​your​ ​performance​ ​on​ ​tests​ ​and​ ​examinations.

At the end of the class, a short pop quiz may be organised to test your knowledge and insight on the day’s lecture. There is no
way​ ​to​ ​make​ ​up​ ​pop​ ​quizzes.

9. Examinations

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Tests
During the semester two test are scheduled in addition to the mid-term and final examination. Please check the schedule below for the
exact​ ​dates.

Additional​ ​short​ ​tests/quizzes​ ​may​ ​be​ ​organised​ ​throughout​ ​the​ ​semester​ ​to​ ​test​ ​your​ ​knowledge​ ​on​ ​theory​ ​and​ ​practice.

The​ ​mid-term​ ​and​ ​final​ ​examination

The​ ​mid-term​ ​and​ ​final​ ​examination​ ​will​ ​ask​ ​you​ ​to:
- demonstrate​ ​theoretical​ ​knowledge​ ​on​ ​the​ ​fundamentals​ ​and​ ​conventions​ ​of​ ​accounting;
- to​ ​process,​ ​analyse​ ​and​ ​interpret​ ​transactions​ ​from​ ​the​ ​various​ ​statements;
- to​ ​prepare​ ​financial​ ​statements​ ​from​ ​relevant​ ​financial​ ​information​ ​and​ ​interpret
the​ ​information​ ​that​ ​it​ ​contains;
- to​ ​calculate​ ​and​ ​interpret​ ​key​ ​investment​ ​ratios;
- to​ ​relate​ ​accounting​ ​issues​ ​to​ ​decision​ ​making.

10.​ ​Grade​ ​distribution

The​ ​final​ ​grade​ ​on​ ​the​ ​course​ ​will​ ​be​ ​calculated​ ​on​ ​the​ ​following​ ​weighting:

In-class​ ​test​ ​1 13% 100%

Mid-term​ ​examination 36% 78,35%
Final​ ​examination 36%
In-class​ ​test​ ​2​ ​(and​ ​possible​ ​extra​ ​quizzes) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​15% 18,89/20 A

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TOTAL 100%

11.​ ​ ​Grading​ ​scale​ ​of​ ​Vesalius​ ​College

Vesalius​ ​College​ ​grading​ ​policy,​ ​in​ ​line​ ​with​ ​the​ ​Flemish​ ​Educational​ ​norms,​ ​is​ ​now​ ​as​ ​stated​ ​follows:

Grade Scale​ ​of​ ​20 Scale​ ​of​ ​100

A 17.0-20.0 85-100
A- 16.1-16.9 81-84
B+ 15.3-16.0 77-80
B 14.5-15.2 73-76
B- 13.7-14.4 69-72
C+ 13.1-13.6 66-68
C 12.3-13.0 62-65
C- 11.5-12.2 58-61
D+ 10.7-11.4 54-57
D 10.0-10.6 50-53
F Below​ ​50 0-49

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12.​ ​ ​Additional​ ​course​ ​policies

I​ ​do​ ​not​ ​accept​ ​coming​ ​late​ ​to​ ​class.​ ​If​ ​you​ ​would​ ​come​ ​in​ ​late,​ ​please​ ​let​ ​me​ ​know​ ​in​ ​advance​ ​and/or​ ​provide​ ​me​ ​in​ ​class​ ​with​ ​a​ ​reason
before​ ​you​ ​get​ ​seated.
Policy​ ​regarding​ ​late​ ​submission​ ​of​ ​assignments:
1.5/20​ ​point​ ​will​ ​be​ ​subtracted​ ​for​ ​each​ ​day​ ​of​ ​delay.​ ​Work​ ​submitted​ ​after​ ​5​ ​calendar​ ​days​ ​will​ ​be​ ​graded​ ​with​ ​an​ ​F​ ​(or​ ​0/20).

13. Academic​ ​honesty​ ​statement

Academic​ ​dishonesty​ ​is​ ​NOT​​ ​tolerated​ ​at​ ​Vesalius​ ​College.

Academic honesty is not only an ethical issue but also the foundation of scholarship. Cheating and plagiarism are therefore serious
breaches​ ​of​ ​academic​ ​integrity.

The​ ​Catalogue​ ​has​ ​a​ ​section​ ​on​ ​academic​ ​honesty​ ​that​ ​students​ ​should​ ​read​ ​before​ ​continuing.

Examples of academic misconduct are: cheating on exams; working together on an assignment while it is supposed to be an individual
work; failing to mention the references used for an assignment; using the same assignment topic in different courses without having
notified​ ​the​ ​instructors​ ​of​ ​the​ ​courses.

If you refer to someone else’s work ​or your past work​, appropriate references and citations must be provided. Grammar, spelling and
punctuation​ ​count.​ ​Hence,​ ​students​ ​should​ ​use​ ​the​ ​tools​ ​necessary​ ​to​ ​correct​ ​before​ ​handing​ ​in​ ​assignments.
Also​ ​recycling​ ​one's​ ​own​ ​paper​ ​is​ ​not​ ​tolerated​ ​at​ ​Vesalius​ ​College​ ​unless​ ​the​ ​instructors​ ​for​ ​the​ ​courses​ ​are​ ​explicitly​ ​approving​ ​it.
Cheating​ ​and​ ​plagiarism​ ​(including​ ​self-plagiarism)​​ ​are​ ​therefore​ ​serious​ ​breaches​ ​of​ ​academic​ ​integrity.

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Severe punishment will be inflicted on anyone caught cheating. Students’ responsibility, besides maintaining a high standard of personal
honesty,​ ​includes​ ​taking​ ​precautions​ ​to​ ​prevent​ ​others​ ​from​ ​copying​ ​their​ ​work.

Following the College policy, cheating and plagiarism cases will be communicated in writing to the Associate Dean and submitted to the
Student​ ​Conduct​ ​Committee​ ​for​ ​disciplinary​ ​action.

14. ​ ​Course​ ​topics

Chapter​ ​1​ ​–​ ​Accounting​ ​and​ ​the​ ​business​ ​environment

Chapter​ ​2​ ​–​ ​Recording​ ​business​ ​transactions
Chapter​ ​3​ ​–​ ​The​ ​adjusting​ ​process
Chapter​ ​4​ ​–​ ​Completing​ ​the​ ​accounting​ ​cycle
Chapter​ ​5​ ​–​ ​Merchandising​ ​operations
Chapter​ ​6​ ​–​ ​Merchandise​ ​inventory
Chapter​ ​7​ ​–​ ​Internal​ ​control​ ​and​ ​cash
Chapter​ ​8​ ​–​ ​Receivables
Chapter​ ​9​ ​–​ ​Plant​ ​assets,​ ​natural​ ​resources,​ ​and​ ​intangibles
Chapter​ ​10​ ​–​ ​Investments
Chapter​ ​11​ ​–​ ​Current​ ​liabilities​ ​and​ ​payroll
Chapter​ ​12​ ​–​ ​Long-term​ ​liabilities
Chapter​ ​13​ ​–​ ​Stockholders’​ ​equity
Chapter​ ​14​ ​–​ ​The​ ​statement​ ​of​ ​cash​ ​flows
Chapter​ ​15​ ​–​ ​Financial​ ​statement​ ​analysis

15. Preparation​ ​before​ ​coming​ ​to​ ​class

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Per week, we will cover one chapter of 30-35 pages. Tuesday is reserved for theory from the textbook. On Thursday, we complete the
chapter​ ​and​ ​do​ ​exercises.​ ​Small​ ​deviations​ ​from​ ​this​ ​approach​ ​may​ ​however​ ​occur.

Preparation​ ​includes​ ​theory​ ​and​ ​self-assessment​ ​questions​ ​at​ ​the​ ​end​ ​of​ ​each​ ​chapter.

16.Schedule​ ​of​ ​course​ ​topics​ ​per​ ​week​ ​(incl.​ ​important​ ​dates​ ​and​ ​deadlines)

Topics Important​ ​dates​ ​and

deadlines
Textbook​ ​chapters​ ​are​ ​indicated​ ​below.
Students​ ​will​ ​also​ ​receive​ ​a​ ​list​ ​of​ ​review
questions​ ​and​ ​problems​ ​from​ ​the
textbook.​ ​These​ ​questions​ ​and​ ​problems
need​ ​to​ ​be​ ​solved​ ​weekly​ ​in​ ​preparation
of​ ​the​ ​corresponding​ ​chapter​ ​subject.

In​ ​order​ ​to​ ​fully​ ​grasp​ ​the​ ​subject,

students​ ​are​ ​required​ ​each​ ​week​ ​to
prepare​ ​the​ ​entire​ ​chapter​ ​by​ ​Tuesday,​ ​so
they​ ​get​ ​prepared​ ​for​ ​applications,
problems,​ ​and​ ​exercises​ ​on​ ​Thursday.
Week​ ​1 Tuesday.
Introduction:​ ​course​ ​and​ ​syllabus​ ​/
Ch.​ ​1​ ​–​ ​Accounting​ ​and​ ​the​ ​business
environment

Thursday.

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 Ch.​ ​1​ ​–​ ​Accounting​ ​and​ ​the​ ​business
28​ ​August environment:​ ​applications,​ ​problems,​ ​and
exercises
-

01
September

Week​ ​2 Tuesday.
Ch.​ ​2​ ​–​ ​Recording​ ​business​ ​transactions
04-08
Septembe Thursday.
r Ch.​ ​2​ ​–​ ​Recording​ ​business​ ​transactions:
applications,​ ​problems,​ ​and​ ​exercises

Week​ ​3 Tuesday.
Ch.​ ​3​ ​–​ ​The​ ​adjusting​ ​process
11-15
Septembe Thursday.
r Ch.​ ​3​ ​–​ ​The​ ​adjusting​ ​process:
applications,​ ​problems,​ ​and​ ​exercises

Week​ ​4 Tuesday.
Ch.​ ​4​ ​–​ ​Completing​ ​the​ ​accounting​ ​cycle
18-22
Septembe Thursday.
r Ch.​ ​4​ ​–​ ​Completing​ ​the​ ​accounting​ ​cycle​:
applications,​ ​problems,​ ​and​ ​exercises
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Week​ ​5 Tuesday
Ch.​ ​5​ ​–​ ​Merchandising​ ​operations
25-29
Septembe
r Thursday. Thursday,​ ​28
Ch.​ ​5​ ​–​ ​Merchandising​ ​operations: September:
applications,​ ​problems,​ ​and​ ​exercises In-class​ ​test​ ​on
Chapters​ ​1,​ ​2,​ ​3,​ ​and​ ​4
IN-CLASS​ ​TEST

Week​ ​6 Tuesday.
Ch.​ ​6​ ​–Merchandise​ ​inventory
02-06
October Thursday.
Ch.​ ​6​ ​–Merchandise​ ​inventory:
applications,​ ​problems,​ ​and​ ​exercises

Week​ ​7 Tuesday
MID-TERM​ ​REVISION​ ​CLASS
09-13 Thursday,​ ​12​ ​October
October Thursday. MID-TERM
MID-TERM​ ​EXAMINATION EXAMINATION**

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Week​ ​8 Tuesday.
Ch.​ ​7​ ​–​ ​Internal​ ​control​ ​and​ ​cash:​ ​select
16-20 topics,​ ​applications,​ ​problems,​ ​and​ ​exercises
October

Thursday.
Ch.​ ​8​ ​–​ ​Receivables
Week​ ​9 Tuesday.
Ch.​ ​8​ ​–​ ​Receivables:​ ​applications,​ ​problems,
23-27 and​ ​exercises
October
Thursday.
Ch.​ ​9​ ​–​ ​Plant​ ​assets,​ ​natural​ ​resources,​ ​and
intangibles

30 Fall​ ​recess No​ ​classes

October
-
3
Novembe
r
Week​ ​10 Tuesday.
Ch.​ ​9​ ​–​ ​Plant​ ​assets,​ ​natural​ ​resources,​ ​and
06-10 intangibles:​ ​applications,​ ​problems,​ ​and
November exercises

Thursday.
Ch.10​ ​–​ ​Investments:​ ​select​ ​topics,
applications,​ ​problems,​ ​and​ ​exercises

15
Week​ ​11 Tuesday.
Ch.​ ​11–​ ​Current​ ​liabilities​ ​and​ ​payroll
13-17
November
Thursday.
Ch.​ ​11–​ ​Current​ ​liabilities​ ​and​ ​payroll:
applications,​ ​problems,​ ​and​ ​exercises

Week​ ​12 Tuesday.

Ch. 12 – Long-term liabilities: select topics;
20-24 applications,​ ​problems,​ ​and​ ​exercises
November
Thursday.
Ch.​ ​13​ ​–​ ​Stockholders’​ ​equity

Week​ ​13 Tuesday.

Ch. 13 – Stockholders’ equity: applications,
27 problems,​ ​and​ ​exercises
November
Thursday.
- Ch.​ ​14​ ​–​ ​The​ ​statement​ ​of​ ​cash​ ​flows
1
December
Week​ ​14 Tuesday.
Ch.​ ​14​ ​–​ ​The​ ​statement​ ​of​ ​cash​ ​flows:
04-08 applications,​ ​problems,​ ​and​ ​exercises
December Ch.​ ​15​ ​–​ ​Financial​ ​statement​ ​analysis

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 Thursday.​​ ​REVISION​ ​CLASS

Week​ ​15 Exam​ ​date​ ​to​ ​be

WEEK​ ​OF​ ​FINAL​ ​EXAMS announced.​ ​***
11-15
December
*​ ​Topics​ ​in-class​ ​test​ ​1:​ ​Chapters,​ ​1,​ ​2,​ ​3,​ ​and​ ​4.

**​ ​Topics​ ​mid-term​ ​examination:​ ​Chapters,​ ​1,​ ​2,​ ​3,​ ​4,​ ​5​ ​and​ ​6.

***​ ​Topics​ ​of​ ​final​ ​examination:​ ​Topics​ ​to​ ​be​ ​determined​ ​after​ ​the​ ​mid-term​ ​week.

Note:​ ​A​ ​second​ ​in-class​ ​test​ ​will​ ​be​ ​scheduled​ ​between​ ​week​ ​10​ ​and​ ​13​ ​of​ ​the​ ​semester.​ ​Date​ ​to​ ​be​ ​determined.

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18
17.​ ​Major​ ​learning​ ​objectives,​ ​teaching​ ​methods,​ ​testing​ ​and​ ​feedback​ ​sessions
Summary: 
Number  of  assessments  (assignments,  tests,  examinations)  used  in  this  course:  min  5  (2  tests,  1  mid-term  exam,  1  final  exam,  1  or  more  pop 
quizzes).  Note:  tests  and  pop  quizzes  serve  as  assignments,  be  it  in-class.  This  way,  more  incentive  and  pressure is created towards students, so 
they​ ​make​ ​more​ ​effort​ ​in​ ​staying​ ​on​ ​top​ ​of​ ​the​ ​subject. 
Number​ ​of​ ​feedback​ ​occasions​ ​in​ ​this​ ​course​ ​(either​ ​written​ ​or​ ​oral):​ ​one​ ​per​ ​test/examination/pop​ ​quiz. 
Number​ ​and​ ​types​ ​of​ ​teaching​ ​methods:​ ​2​ ​types​ ​(lectures​ ​on​ ​theory​ ​and​ ​extensive​ ​in-class​ ​tutorials​ ​through​ ​exercises​ ​and​ ​problem-solving) 
Does​ ​the​ ​course​ ​require​ ​graded​ ​student​ ​oral​ ​presentations?:​ ​No 
 
Major​ ​Learning​ ​Objectives  Course  Learning  objectives  Methods  used  to  Teach  Course  Methods  (and  numbers/types  Type,  Timing  and 
addressing  the  Major  Objectives   of  assignments)  used  to  test  Numbers  of  Feedback 
Objectives  (choose  the  most  these​ ​learning​ ​objectives  given​ ​to​ ​Student  
important  ones  that  your 
course​ ​actually​ ​addresses) 
The  bachelor  has  a  broad  knowledge      2​ ​tests  For​ ​each​ ​test:​ ​one​ ​in-class
of  the  different  functional  fields  of      feedback​ ​session,​ ​one​ ​week
business  management.  He  is  able  to  1​ ​mid-term​ ​exam 
X  ​ ​ ​ ​ ​ ​Lectures​ ​and​ ​in-class​ ​tutorials  after​ ​the​ ​test.
apply  this  knowledge  in  the  analysis 
1​ ​final​ ​exam 
of  business-oriented  problems  and  is 
able  to  propose  solution  to  specific  One​ ​feedback​ ​session​ ​after​ ​the
Pop  quizzes  on  exercises  and 
business​ ​problems.  mid-term​ ​exam,​ ​incl.​ ​personal
problems 
feedback​ ​during​ ​office​ ​hours
  in​ ​case​ ​remedial​ ​actions.
 
One​ ​feedback​ ​session​ ​per​ ​pop
quiz
 
 
The  bachelor  has  an  understanding  of    ​ ​ ​ ​ ​Lectures​ ​and​ ​in-class​ ​tutorials  2​ ​tests  For​ ​each​ ​test:​ ​one​ ​in-class
the  interrelatedness  of  the  different  feedback​ ​session,​ ​one​ ​week
functional  fields  of  business  and  X  1​ ​mid-term​ ​exam 
after​ ​the​ ​test.
understands  the  impact  of  this  on 
1​ ​final​ ​exam 
decision-making. 
One​ ​feedback​ ​session​ ​after​ ​the
Pop  quizzes  on  exercises  and 
mid-term​ ​exam,​ ​incl.​ ​personal
problems 

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   feedback​ ​during​ ​office​ ​hours
in​ ​case​ ​remedial​ ​actions.
 

 
 
The  bachelor  has insight into the broad         
societal  context  of  businesses  and  is 
able  to  take  it  into  account  in  the 
analysis​ ​of​ ​business-oriented​ ​problems. 
The  bachelor  knows  and  is  able  to  X  Development​ ​of​ ​quantitative​ ​skills  Tests,​ ​pop​ ​quizzes,​ ​mid-term​ ​and  For​ ​each​ ​test:​ ​one​ ​in-class
apply  common  qualitative  and  through​ ​tutorials  final​ ​examination  feedback​ ​session,​ ​one​ ​week
quantitative  research  methods  and  is  after​ ​the​ ​test.
able  to  apply  these  in  the  field  of 
business​ ​studies 
One​ ​feedback​ ​session​ ​after​ ​the
mid-term​ ​exam,​ ​incl.​ ​personal
feedback​ ​during​ ​office​ ​hours
in​ ​case​ ​remedial​ ​actions.
 
The  bachelor  has  an  open  and  X  In-class  tutorials  on  exercises  and  Tests,​ ​pop​ ​quizzes,​ ​mid-term​ ​and  For​ ​each​ ​test:​ ​one​ ​in-class
academic  attitude  characterized  by  problems  (analyzing  and  setting  up  final​ ​examination  feedback​ ​session,​ ​one​ ​week
accuracy,  critical  reflection  and  financial​ ​statements)  after​ ​the​ ​test.
academic​ ​curiosity. 
One​ ​feedback​ ​session​ ​after​ ​the
mid-term​ ​exam,​ ​incl.​ ​personal
feedback​ ​during​ ​office​ ​hours
in​ ​case​ ​of​ ​remedial​ ​actions.
 
The  bachelor  is  able  to  identify  the         
international  dimension  in 
business-related  problems  and  knows 
how  to  handle  these  problems  in  an 
effective​ ​way. 
The  bachelor  is  able  to  work  in  a         
multi-cultural​ ​team. 

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The  bachelor  recognizes  the         
importance​ ​of​ ​life-long​ ​learning. 
The  bachelor  is  able  to  communicate  X​ ​Focus​ ​on​ ​written​ ​financial  Lectures​ ​and​ ​tutorials  Tests,​ ​pop​ ​quizzes,​ ​mid-term​ ​and  For​ ​each​ ​test:​ ​one​ ​in-class
clearly,  fluently and accurately; as well  reporting  final​ ​examination​ ​(including  feedback​ ​session,​ ​one​ ​week
in  a  written  report  as  in  an  oral  integrative​ ​question​ ​on​ ​financial  after​ ​the​ ​test.
presentation. 
analysis) 
One​ ​feedback​ ​session​ ​after​ ​the
mid-term​ ​exam,​ ​incl.​ ​personal
feedback​ ​during​ ​office​ ​hours
in​ ​case​ ​of​ ​remedial​ ​actions.
 
The  bachelor is able to combine ethical  X  Lectures  on  principles  of  Tests,​ ​pop​ ​quizzes,​ ​mid-term​ ​and  For​ ​each​ ​test:​ ​one​ ​in-class
and  business-oriented  judgments in the  accounting​ ​and​ ​business​ ​ethics  final​ ​examination  feedback​ ​session,​ ​one​ ​week
analysis  of  business  problems  and  after​ ​the​ ​test.
takes  these  ethical  considerations 
explicitly  into  account  in  the  solutions 
proposed​ ​for​ ​business​ ​problems  One​ ​feedback​ ​session​ ​after​ ​the
mid-term​ ​exam,​ ​incl.​ ​personal
feedback​ ​during​ ​office​ ​hours
in​ ​case​ ​of​ ​remedial​ ​actions.
 

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