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BA-330 Intermediate Accounting

GENERAL INFORMATION:

Course title: BA 330 Intermediate Accounting

Campus: National

Initiator: Jean-Pierre Lukusa

Date Initiated: June 1 2021

Course description:
The course builds on the accounting concepts and principles learned in the principles of financial accounting course. Emphasis will be financial reporting standards, property plant and equipment, depreciation, investments, and financial liabilities. The student will present financial reports based on a case study.

COURSE HOURS/CREDITS:

   

Hours per Week

 

No. of Weeks

 

Total Hours

 

Semester Credits

Lecture

  

3

x

16

x

48

=

3

Laboratory

    

x

  

x

  

=

  

Workshop

    

x

  

x

  

=

  
       

Total Semester Credits

  

3

PURPOSE OF COURSE:

[X] Degree requirement

[ ] Degree elective

[ ] Certificate

[ ] Other

PREREQUISITES:

BA230 Principles of Financial Accounting

PSLOs OF OTHER PROGRAMS THIS COURSE MEETS:

PSLO# Program
None  

1) INSTITUTIONAL STUDENT LEARNING OUTCOMES (Check all that apply)

[ ]

1. Effective oral communication: capacity to deliver prepared, purposeful presentations designed to increase knowledge, to foster understanding, or to promote change in the listeners’ attitudes, values, beliefs, or behaviors.

[ ]

2. Effective written communication: development and expression of ideas in writing through work in many genres and styles, utilizing different writing technologies, and mixing texts, data, and images through iterative experiences across the curriculum.

[x]

3. Critical thinking: a habit of mind characterized by the comprehensive exploration of issues, ideas, artifacts, and events before accepting or formulating an opinion or conclusion.

[x]

4. Problem solving: capacity to design, evaluate, and implement a strategy to answer an open-ended question or achieve a desired goal.

[ ]

5. Intercultural knowledge and competence: a set of cognitive, affective, and behavioral skills and characteristics that support effective and appropriate interaction in a variety of cultural contexts.

[ ]

6. Information literacy: the ability to know when there is a need for information, to be able to identify, locate, evaluate, and effectively and responsibly use and share that information for the problem at hand.

[ ]

7. Foundations and skills for life-long learning : purposeful learning activity, undertaken on an ongoing basis with the aim of improving knowledge, skills, and competence.

[X]

8. Quantitative Reasoning: ability to reason and solve quantitative problems from a wide array of authentic contexts and everyday life situations; comprehends and can create sophisticated arguments supported by quantitative evidence and can clearly communicate those arguments in a variety of formats.

2) PROGRAM STUDENT LEARNING OUTCOMES (PSLOs): The student will be able to:

  1. Apply skills concepts and techniques in main functional areas of business and accounting;
  2. Interpret and use quantitative techniques in solving business problems and decision-making using technological tools;
  3. Develop and apply effective intercultural oral and written communication skills appropriate for business; and
  4. Recognize and assess basic legal, environmental, and ethical challenges confronting businesses in general.

3) COURSE STUDENT LEARNING OUTCOMES (CSLOs) (General): The student will be able to:

  1. Describe financial reporting standards and the conceptual framework of financial accounting;
  2. Outline accounting treatments for property, plant and equipment (PPE), and investments; and
  3. Compute financial liabilities, capital and retained earnings.

4. COURSE STUDENT LEARNING OUTCOMES (CSLOs) (Specific): The student will be able to:

CSLO (General) 1: Describe financial reporting standards and the conceptual framework of financial accounting.

Student Learning Outcome (specific)

ISLO

PSLO

Assessment Strategies

1.1 Discuss the conceptual framework of financial accounting.

3

1

The student will do an assignment graded with a rubric focused on discussing the conceptual framework of financial accounting.

1.2. Examine a company’s accounting system.

3, 4

1

The student will do an assignment graded with a rubric focused on examining a company’s accounting system.

CSLO (General) 2: Outline accounting treatments for property, plant and equipment (PPE), and investments.

Student Learning Outcomes (specific)

ISLO

PSLO

Assessment Strategies

2.1 Prepare accounts for PPE.

3, 8

1

The student will do an assignment graded by a rubric focused on preparing accounts for PPE.

2.2 Calculate depreciation, depletion, impairment, and disposal of fixed assets.

3, 8*

1

The student will do an assignment graded by a rubric focused on depreciation and disposal of assets.

2.3 Prepare accounts for investments and long-term receivables.

3, 8

1

The student will do an assignment graded by a rubric focused on preparing accounts for investments and long-term receivables.

CSLO (General) 3: Compute financial liabilities, capital and retained earnings.

Student Learning Outcomes (specific)

ISLO

PSLO

Assessment Strategies

3.1 Prepare accounts for bonds and long-term notes payable.

3,8

1

The student will do an assignment graded by a rubric focused on preparing accounts for bonds and long-term notes payable.

3.2 Analyze capital and retained earnings.

3,4

1

The student will do an assignment graded by a rubric focused on analyzing capital and retained earnings.

5) COURSE CONTENT:

  • Conceptual framework.
  • Accounting system.
  • Property, plant and equipment.
  • Depreciation, depletion, impairment and disposal.
  • Investments and long-term receivables.
  • Bonds and Notes.
  • Capital and retained earnings.

6) METHOD(S) OF INSTRUCTION:

[X] Lecture [X ] Cooperative learning groups

[ ] Laboratory [ X ] In-class exercises

[ ] Audio visual [ ] Demonstrations

[ X ] Other Learning Management Systems

7) REQUIRED TEXT(S) AND COURSE MATERIALS:

  • Wahlen, Jones, Pagach. Intermediate Accounting: Reporting and Analysis, 3rd ed., Cengage learning, 2020 (or most recent edition).
  • Texas Instruments Business Analyst II Calculator

8) REFERENCE MATERIALS:

  • Kieso, Weygant. et al., Intermediate Accounting, 14th ed., Wiley, USA: 2009 (or most recent edition).
  • Nikolai, Bazley et al., Intermediate Accounting, 10th Edition, Thomson South-Western, USA, 2007 (or most recent edition).
  • Stice & Stice., Intermediate Accounting, 17th ed., South-Western College Publishers, 2009 (or most recent edition).

9) INSTRUCTIONAL COSTS:

None.

10) EVALUATION:

Summative evaluation is accomplished by having the student complete midterm and final exams.

The student must achieve a grade of “C” or higher to pass the course.

11) CREDIT BY EXAMINATION:

None.

BA 330 Intermediate Accounting

 Endorsed by CC: 07/28/22
  Approved by VPIA: 07/29/22

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