COURSE INFORMATION AND REPORT (CIR)

Session : 1122
Course Code : PAC1163 Course Title : PRINCIPLES OF BUSINESS ACCOUNTING

Course Leader:
Department: ACCOUNTING
MONALIZA BINTI IBERAHIM

Course Lecturer: Office /Room No. : Mobile Phone/Direct Line:

1. MONALIZA BINTI IBERAHIM 207 016-654 3732

2. NORLIZA BINTI RAMLI 219 011-1058 8676
3. AZINA BINTI YAAKOB Pejabat Dekan 019-264 9291

Course Assessment : Course Learning Outcome:

Continuous Assessment Recognise required accounting knowledge, principles, concept, tools and techniques
CLO1
1 Quiz 1 10% in business context. (C2)
2 Test 20% Apply appropriate accounting knowledge, principles, tools and techniques in
CLO2
3 Assignment 30% preparing financial statements for decision making purposes. (C3)
CLO3 Demonstrate effective communications skills. (C3,A3)
Summative Assessment
1 Final Exam 40%

Reference:

1. Weygant, J. J., Kieso, D. E. And Kimmel, P. D. (2020), Accounting Principles. 14th Edition, John Wiley & Sons,
New York: John Wiley & Sons, Inc
2. Norliza, R., Diana, G., Allezawati, I., Norbaizura, H., Shahrul Niza, J., & Nurul Huda, A.S. (2021). Principles of
Financial Accounting - For Non Accounting Students. 2nd Ed., KPTMSB.
3. Drury, C. (2021) Management and Cost Accounting. 11th Ed., Cengage Learning.
4. Garrison R., Noreen E., Brewer P. (2021) Managerial Accounting. 17th Ed., McGraw-Hill Education.
5. Wood, Frank & Sangster, Alan. (2018) Frank Wood's Business Accounting 1. 14th Ed., Pearson.

CONVENTIONAL (PHYSICAL) ONLINE

Report

F2F NF2F F2F (Sync) NF2F (Asynch) TOTAL

Week Topic CLO
SELF- SLT
LEARNIN
L T P O G M AT AS M AT AS

1. INTRODUCTION TO ACCOUNTING
1.1 Definition of Accounting
1 1.2 User and Uses of Accounting Data 1 2 4 2 8
1.3 Types and Characteristics of
Business Organization

2. ACCOUNTING CYCLE AND RECORDING

PROCESS
2.1 Accounting Concepts
2 2.2 Accounting Equation and Transaction 1,2 1 4 3 8
Analysis
2.3 Double Entry System
 2.4 Accounting Cycle: Steps in Recording
Process (Journal, Ledger, Trial Balance)
2.5 Introduction to the Accounting Software
3 1,2 2 2 4 8
2.6 Financial Statement
2.6.1 Types of Financial Statement
2.6.2 Adjusting Entries

2.6.3 Statement of Profit or Loss and

Other Comprehensive Income
1,2 2 2 4
2.6.4 Statement of Financial
Position

4 QUIZ 1,2 2 1 3
3. FINANCIAL STATEMENT ANALYSIS
3.1 Tools of Financial Statement Analysis
3.1.1 Trend Analysis (Horizontal and
3 1 2 3
Vertical)
3.1.2 Ratio Analysis

3.2 Apply Ratio Analysis with interpretation

3.2.1 Liquidity Ratio

(Current Ratio, Quick Ratio, Inventory Turnover,

Fixed Asset Turnover, Total Asset Turnover,
Average Collection Period (Receivable) Turnover)

5 3.2.2 Solvency Ratio 3 1 1 4 2 8

(Debt Ratio, Debt to Equity Ratio, Time Interest
Earned)
3.2.3 Profitability Ratio

(Gross Profit Margin, Operating Profit Margin, Net

Profit Margin, Return on Asset, Retun on Equity)

Assignment 3 2 1 2 5 * Breifing on assignment

3.2 Apply Ratio Analysis with interpretation

3.2.1 Liquidity Ratio

(Current Ratio, Quick Ratio, Inventory Turnover,

Fixed Asset Turnover, Total Asset Turnover,
Average Collection Period (Receivable) Turnover)
6
3.2.2 Solvency Ratio
3 3 2 5
(Debt Ratio, Debt to Equity Ratio, Time Interest
Earned)
3.2.3 Profitability Ratio

(Gross Profit Margin, Operating Profit Margin, Net

Profit Margin, Return on Asset, Retun on Equity)

TEST 1,2 2 2 1 5 Student do revision on past year examination questions

3.2 Apply Ratio Analysis with interpretation

3.2.1 Liquidity Ratio

(Current Ratio, Quick Ratio, Inventory Turnover,

Fixed Asset Turnover, Total Asset Turnover,
Average Collection Period (Receivable) Turnover)
7
3.2.2 Solvency Ratio 3 1 1 2 4
(Debt Ratio, Debt to Equity Ratio, Time Interest
Earned)
3.2.3 Profitability Ratio

(Gross Profit Margin, Operating Profit Margin, Net

Profit Margin, Return on Asset, Retun on Equity)
 3.2 Apply Ratio Analysis with interpretation
3.2.1 Liquidity Ratio

(Current Ratio, Quick Ratio, Inventory Turnover,

Fixed Asset Turnover, Total Asset Turnover,
Average Collection Period (Receivable) Turnover)

8 3.2.2 Solvency Ratio 3 4 4 8

(Debt Ratio, Debt to Equity Ratio, Time Interest
Earned)
3.2.3 Profitability Ratio

(Gross Profit Margin, Operating Profit Margin, Net

Profit Margin, Return on Asset, Retun on Equity)

3.2 Apply Ratio Analysis with interpretation

3.2.1 Liquidity Ratio

(Current Ratio, Quick Ratio, Inventory Turnover,

Fixed Asset Turnover, Total Asset Turnover,
Average Collection Period (Receivable) Turnover)
3 1 2 3
3.2.2 Solvency Ratio
(Debt Ratio, Debt to Equity Ratio, Time Interest
Earned)
3.2.3 Profitability Ratio
9

(Gross Profit Margin, Operating Profit Margin, Net

Profit Margin, Return on Asset, Retun on Equity)

4. INTRODUCTION TO COST ACCOUNTING

4.1 Function of Cost & Management
Accounting
4.2 Cost and Terminology 1 3 4 7
4.2.1 Direct & Indirect Cost
4.2.2 Manufacturing Cost &
Non Manufacturing Cost

4.3 Cost Behaviour

4.3.1 Fixed Cost
10 1 1 3 4 8
4.3.2 Variable Cost
4.3.3 Mixed Cost

5. COST-VOLUME PROFIT ANALYSIS

11 5.1 Introduction of Cost Volume Profit 2 4 4 8

5.2 Contribution Margin Approach

12 5.2.1 Break Even Point 2 4 4 8
5.2.2 Target Profit

5.2.3 Margin of Safety

13 5.2.4 Changes in Selling Price, Cost and 2 4 4 8
Sales Volumes

14 Revision for Final Examination 4 4 Student do revision on past year examination questions
FINAL ASSESSMENT
2 3 5
Final Examination
14 18 0 11 59 7 0 4 0 7 0

TOTAL Student Learning Time (SLT)hours 102 18 120

PERCENTAGE (%) 85.00 15.00

CONVENTIONAL (PHYSICAL) ONLINE
Note: F2F – Face-to- face, NF2F – Non-Face-to- face
SYN – Synchronous, ASYN – Asynchronous, M – Teaching & Learning (T&L) Materials, AT – T&L Activities, AS – Assessments,
Independent Learning (Asynchronous) in Table 4 is determined by NF2F

First Review Second Review

Prepared by: Prepared by: ______________________ Prepared by: ______________________

( Course Leader) (Lecturer) (Lecturer)
Date: : 2 NOV 2022 Date : ______________________ Date : ______________________

Verified by : ----------------------------------------- Verified by : ------------------------------------ Verified by : -----------------------------------

(Head of Department) (Head of Department) (Head of Department)
Date: :2 NOV 2022 Date: : _______________________ Date: : _______________________