Management Sciences KFUEIT

Financial Accounting
(Weekly Lesson Plan)

Course & Course Code Financial Accounting MSCI-2102

Credit Hours 3
Department Management Sciences
Course Type: Fundamentals
Theory/Lab Theory
Program/semester/section BBA, 4th section A, B & C
Semester Spring, 2020
Course Instructor name/Designation Ms. Asmara Habib
Office Faculty office management sciences, CSIT.2.02
Office Hours / Counseling hours for 10:00 to 12:00
students
Email id: asmarahabib14@gmail.com

Week 1 Lecture 1: Introduction and course discussion

Lecture 2: Introduction to business, Commerce, Trading, Finance
and Financial Institutions
Week 2 Lecture 3: Concept of Account, Assets, Liabilities, Revenues,
Expenses, Capital etc.
Lecture 4: Accounting & Accounting equation
Week 3 Lecture 5: The IASB and Financial reporting IFRS-I
Lecture 6: Accounting Concepts and conventions IAS-I
Week 4 Lecture 7: Case study 1
Lecture 8: Quiz 1
Week 5 Lecture 9: Recording the business transaction
Case study 1 submission deadline
Lecture 10: Adjusting entries and contra accounts
Week 6 Lecture 11: Accruals and prepayments
Lecture 12: Revenue and expense recognition principles
Week 7 Lecture 13: Unadjusted and Adjusted trial balance
Lecture 14: Financial statements, accounting cycle
Week 8 Lecture 15: Quiz 2
Lecture 16: Assignment 1 Submission deadline
Midterm Exams
Week 9 Lecture 17: Accounts for short term investment & Accounts
receivables
Lecture 18: Evaluate short term investment and liquidity
Week 10 Lecture 19: Accounts for inventory and cost of goods sold
Lecture 20: Analyzing how inventory errors effect Financial
Management Sciences KFUEIT

statements
Week 11 Lecture 21: Tangible and intangible assets
Lecture 22: Accounting for intangible and tangible assets
Week 12 Lecture 23: Case study 2
Lecture 24: Quiz 3
Week 13 Lecture 25: Accounting for liabilities
Lecture 26: Analysis of financing with debt and equity
Week 14 Lecture 27: Issuance of shares, repurchase of shares, retained
earnings and dividends
Lecture 28: Reporting equity transactions and events in financial
statements
Week 15 Lecture 29: Income statements and statement of share holder’s
equity
Lecture 30: Financial statement analysis
Week 16 Lecture 31: Quiz 4
Lecture 32: Assignment 2 Submission deadline
Final term Exam