ddw2133-siap

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Kolej Negeri Chedang Campus: [Diploma ]

Part C_Area 2_1

1 Name ofCourse

INTERMEDIATE ACCOUNTING 1

2 Course Code DDW2133

3 Name(s) ofacademic staff

4 Rationale for

the inclusion ofthe course

Program Requirement

5 Semester andYear Offered

Semester 2 Year 1

6 Total Student Learning

Time SLT

Face To Face Total Guided and

Independent Learning

L=Lecture

T=Tutorial

P=Praktikal (hr per week)

O=Others

L

54

T

18

P O

69 141

7 Credit Value 3

8 Prerequisite Nil9 Objective 1. Describe the acounting treatment for acquiring, disposal, and valuing property, plant

and equipment and the concept of depreciation and impairment.

2. Axquire and mange relevent information from various sources as well as accept newideas.

10 LearningOutcomes

By the end of the practicum course, students will be able to:

1. Understand and identify the issues related to accounting framework, standards, basicprinciples, information and ethics, and differenciate the cash and acrual basis of

accounting.

2. Identify the uses and limitations of financial statements and Time Value Of Money.3. Identify major classifications of inventory and inventory errors on the financial

statements.

4. Describe the accounting treatment for receivables.5. Explain how property, plant and equipment andnatural resources are reported and

analyzed.

11 TransferableSkills:

y Co-operative learning,y Able to lead a group projecty Ablo to improve communication skilly Alert with the changing in their environment

12 Teaching-learning and

assessmentstrategy

y Teaching-learningy Case studyAssessment strategy

y Continuous assessment : 40%y Term end assessment : 60%

13 Synopisis This course is designed to provide in-depth knowledge about the accounting framework

and financial reports. It will cover various topics in the Income Statement and Balance

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Part C_Area 2_2

Sheet items including time value of money, inventory valuation, cash and cash equivalent

and revenue recognition principles, acquisition and disposition of tangible and intangible

assets, depreciation and depletion, and goodwill treatments.

14 Mode ofdelivery

Lecture and discussion, co-operative learning, group project, presentation

15 AssessmentMethods andTypes

Assessment by Mentor 40%Assessment by Academic supervisor 60%

16 Mapping of thecourse to theProgramLearningOutcomes

Subject Los/ Programme Aims

ProgrammeA01

ProgrammeA02

ProgrammeA03

ProgrammeA04

ProgrammeA05

ProgrammeA06

Subject Learning Outcome 1 Subject Learning Outcome 2 Subject Learning Outcome 3 Subject Learning Outcome 4 Subject Learning Outcome 5

17 Mapping of thecourse to theProgramLearning

Outcomes

Subject LOs/ ProgrammeLOs

Program

meLO1

Program

meLO2

Program

meLO3

Program

meLO4

Program

meLO5

Program

meLO6

Program

meLO7

Subject Learning Outcome1

Subject Learning Outcome

2


Subject Learning Outcome

4


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Part C_Area 2_3

18

Course MaterialsLecture

Tutorial

Self-study

Librarysearch

Quiz

Test

Exam

Assignment

TotalSLT

(hours)

Topic 1: Introduction To The Conceptual

Framework Underlying Financial

Accounting

1.1 Definitions1.2 General Principle

1.3 Accounting Information And Standard1.4 First Level

1.5 Second Level: Fundamental Concept1.6 Third Level: Recognition And

Measurement Concept1.7 Comparison Of IAS and FRS

3 1 3 0 0 1 8

Topic 2: Income Statement and RelatedInformation

2.1 Income Statement Format: ComputationAnd Recording.

2.2 Income Statement: Reporting Irregular

Items2.3 Special Reporting Issues

2.4 Corresponding FRS

3 1 3 0 0 1 8

Topic 3: Balance Sheet3.1 Balance Sheet Format

6 2 6 0 0 1 9

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Part C_Area 2_4

3.2 Additional Reporting Issues3.3 Presentation And Analysis

3.4 Corresponding FRS

Topic 4: Accounting and Time Value Of

Money4.1 Basic Time Value Concept4.2 Single Sum and Annuities4.3 More Complex Situation

6 2 6 1 1 1 11

Topic5: Revenue Recognition5.1 Guidelines And Principles

5.2 Valuation And Recording: At Point ofSale Criteria

3 1 3 0 0 1 8

Topic 6: Revenue Recognition6.1 Valuation and Recording: Before

Delivery.6.2 Valuation and Recording: After Delivery

6.3 Corresponding Frs

3 1 3 0 0 1 8

Topic 7: Accounting For Hire Purchase

3 1 3 0 0 1 8

Topic 8: Tangible Assets Concept8.1 Cash

8.2 Cash Management8.3 Receivables

8.4 Notes Receivables8.5 Corresponding FRS

3 1 3 1 0 1 9

Topic 9: Inventories Valuation: A CostBasic Approach

9.1 Classification And Control9.2 Cost Flow Assumption

9.3 Inventory Valuation And Analysis9.4 Corresponding FRS

3 1 3 1 1 1 10

Topic 10: Inventories: Additional ValuationIssues

10.1 Lower Of Cost Or Market10.2 Valuation Basis

10.3 The Gross Profit Method Of EstimatingInventory

3 1 3 1 0 1 9

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Part C_Area 2_5

10.4 Retail Inventory Method

Topic 11: Acquisition and Diposition OfProperty Plant, and Equipment

11.1 Acquisition Concept And Cost11.2 Valuation And Accounting Treatment

11.3 Costs Subsequent To Acquisition11.4 Corresponding FRS

6 2 6 0 0 1 9

Topic 12 : Depreciation, Impairments andDepletion

12.1 Depreciation

12.2 Impairments12.3 Depletion

6 2 6 0 0 1 9

Topic 13: Intangible Assets13.1 Intangible Assets Issues

13.2 Types: Specifically IdentifiableIntangibles

13.3 Goodwill13.4 Reseach And Development

13.5 Cerresponding FRS

6 2 6 0 0 1 9

Total hours 54 18 54 2 13 141

19 MainReference (s)

Keiso D.E Weygrant, T.D (2008), Intermediate Acounting (12th

edition updated) john Wiley& Sons, NY

20 AdditionalReference (s)

Weygrant, J.J, Keiso D.E, kimmel, P.D (2008), Acounting Principles, (8 th edition), john WileySons Inc, NY.

Hashanah, Perakaunan Kewangan dan [elaporan, Kuala Lumpur, McGraw Hill.

Lembaga Piawaian Perakaunan Malaysia; MASB Standards.

21 Otheradditionalinformation

Students have 14weeks

Every weeks 10 hours * 14 = 140 hours

ddw2133-siap

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