IT3404: Business Management

Size: px
Start display at page:

Download "IT3404: Business Management"

Transcription

1 IT3404: Business Management (Optional) INTRODUCTION This course on Business Management is one of the five courses designed for Semester 3 of Bachelor of Information Technology Degree program. It starts with introduction to evolution of management and moves to managerial processes and the economics of the business management covering 60 hours of lectures. CREDITS: 04 LEARNING OUTCOMES After successful completion of this course, students will be able to: Apply management theories and practices in the decision making process Identify the skills needed by managers and managerial roles Recognize the importance of leadership qualities and motivation theories Discuss Marketing Strategies based on Marketing Principles Interpret Financial Statements and use Financial Ratios in the decision making process Apply economic principles in day to day business operations ONLINE LEARNING MATERIALS AND ACTIVITIES You can access all learning materials and this syllabus in the VLE: if you are a registered student of BIT degree program. It is very important to participate in learning activities given in the VLE to learn this subject. ONLINE ASSIGNMENTS The assignments consist of two quizzes, assignment quiz 1 (It covers the first half of the syllabus) and assignment quiz 2 (It covers the second half of the syllabus). Maximum mark for a question is 10, minimum mark for a question is 0 (irrespective of negative scores). Final assignment mark is calculated considering 40% of assignment quiz 1 and 60% of assignment quiz 2. Pass mark for the online assignments in a course is 50. You are advised to do 1

2 online assignments before the final exam of the course. It is compulsory to pass all online assignments to partially qualify to obtain year 2 certificate. FINAL EXAMINATION Final exam of the course will be held at the end of the semester. Each course in the semester 3 is evaluated using a two hour question paper which consists of MCQs and 3-4 structured questions. OUTLINE OF SYLLABUS Topics 1. Evolution of Management 2. Managerial Roles & Skills 3. Management Process 4. Organizational Structure & Behavior 5. Motivation & Leadership 6. Marketing 7. Introduction to Accounting Hours Introduction to Double Entry Account System & Trial Balance Financial Statements : The Balance Sheet 10. Financial Statements : The Profit & Loss Account Introduction to the Analysis & Interpretation of Accounting Statements Managerial Economics 08 Total Hours 60 2

3 REQUIRED MATERIALS Main Reading: Ref 1 : Management (6 th edition), By James A.F. Stoner & R. Edward Freeman, ISBN: , Prentice Hall Ref 2 : Principles of Marketing (11 th edition) By Philip Kotler & Gary Armstrong, ISBN: , Prentice Hall of India. Ref 3 : Financial Accounting in Sri Lanka (1 st edition), by Hema Wijewardena, ISBN: , Wijaya Publishing Ref 4 : Economics (10 th edition), By Lipsey & Chrystal ISBN: , Oxford University Press Supplementary Reading Ref 5 : Business Accounting (6 th edition), By Frank Woods & Alan Sangster. ISBN: , Prentice Hall 3

4 DETAILED SYLLABUS: Section 1: Evolution of Management (3 Hrs.) [Ref1] Define what you mean by management Explain the classical and behavioral theories of management Describe the different approaches to management 1.1. Introduction to Management [Ref1: pg 32-39] 1.2. Classical Theories of Management [Ref1: pg ] 1.3. Behavioral Theories of Management [Ref1: pg 67-70] 1.4. Systems & Contingency Approach to Management[Ref1: pg 72-75] 1.5. Modern Approach to Management [Ref1: pg 77-78] Section 2 : Managerial Roles & Skills (4 Hrs.) [Ref1] Identify different types of managers State the different roles of a manager Identify various management levels and skills Describe the challenges of management 2.1. Types of Managers [Ref1: pg 42-43] 2.2. Management Level & Skills [Ref1: pg 43-44] 2.3. Managerial Roles [Ref1: pg 40-41] 2.4. The Challenge of Management [Ref1: pg 44-48] 4

5 Section 3 : The Management Process (10 Hrs.) [Ref1] Explain the process of management Discuss the techniques such as SWOT and Porter s Forces in Environmental analysis Describe the steps involved in analyzing and planning Identify the concepts of organizing Identify the importance of leading process of management Identify the steps in controlling process 3.1. Introduction to the Management Process [Ref1: pg ] 3.2 Environmental Analysis [Ref1: pg and ] 3.3. Planning Process & Strategic Planning [Ref1: pg ] 3.4. Organizing [Ref1: pg ] 3.5. Leading [Ref1: pg , ] 3.6. Control process & Types of Controls [Ref1: pg ] Section 4 : Organizational Structure & Behavior (4 Hrs.) [Ref1] Summarize different organizational structures Define the role of coordination, communication and delegation Explain the concept of decentralization and empowerment Summarize different authority levels 4.1. Organizational Structures [Ref1: pg ] 4.2. Delegation & Empowerment [Ref1: pg ] 5

6 4.3. Coordination [Ref1: pg ] 4.4. Communication [Ref1: pg ] Section 5 : Motivation & Leadership (6 Hrs.) [Ref1] Identify different theories in motivation Apply different theories and approaches in leadership 5.1. Introduction to Motivation Content Theories [Ref1: pg ] Process Theories [Ref1: pg ] Reinforcement Theories [Ref1: pg ] 5.2. Introduction to Leadership Trait Approach [Ref1: pg ] Behavioral Approach [Ref1: pg ] Contingency Approach [Ref1: pg ] Modern Leadership Theories [Ref1: pg ] Section 6 : Marketing (8 Hrs.) [Ref2] Describe the fundamental principles in marketing Identify the elements of marketing mix Explain the process of segmenting, targeting and positioning Discuss the product life cycles and BCG matrix Express the pricing and marketing strategies 6

7 6.1. Introduction to Marketing [Ref2: pg 4-12 and 22-31] 6.2. Marketing Mix [Ref2: pg 46-51] 6.3. Segmentation, Targeting & Positioning [Ref2: pg ] 6.4. Product Life Cycles & BCG Matrix [Ref2: pg and ] 6.5. Pricing Strategies [Ref2: pg ] Loss Leader Pricing [Ref2: pg 341] Odd Ending Pricing Price Lining Pricing Quantity Discount Pricing [Ref2: pg ]` Cumulative Pricing 6.6. Marketing Strategies [Ref2: pg ] Basic Competitive Strategies [Ref2: pg ] Competitive Positions [Ref2: pg ] Market Leader Strategies [Ref2: pg ] Market Challenger Strategies [Ref2: pg ] Market Follower Strategies [Ref2: pg 542] Market Nicher Strategies [Ref2: pg ] Section 7 : Introduction to Accounting (2 Hrs.) [Ref3] Identify the basic principles of financial accounting Explain the different forms of ownership in business entities 7.1. Financial and Management Accounting (Ref3 : pg. 5-8) 7.2. Forms of Business Organizations (Ref3 : pg.13-14) 7.3. Primary objectives of a business (Ref3 : pg.14-15) 7

8 7.4. Basic Principles of Accounting (Ref3 : pg.22-24) Section 8 : Introduction to Double Entry Account System & Trial Balance (4 Hrs.) [Ref3] Discuss the principles of Double Entry Analyze Ledger Accounts and Trial Balances Identify the procedures used in a double entry accounting system Identify the relationship between the trial balance and the double entry system Explain the usefulness & limitations of the trial balance 8.1. Principles of Double Entry (Ref3 :pg 65-72) The account, ledger and journal (Ref3 :pg , pg. 71 and pg.98) The system of debits and credits (Ref3 :pg 65-70) The double-entry system (Ref3 :pg 72-78) 8.2. The Trial Balance & its limitations (Ref3 :pg ) Section 9 : Financial Statements : The Balance Sheet (3 Hrs.) [Ref3] Discuss the concepts behind the Balance Sheet Identify the transactions which has an effect on the Balance Sheet Extract data from the Balance Sheet & comment on the performance of the organization 9.1 Balance sheet of a sole proprietor (Ref3 :pg 29-32, pg ) Assets (Ref3 :pg 32; pg ) 8

9 9.1.2 Owner s equity (Ref3 :pg 33-35) Liabilities (Ref3 :pg 35-36; pg 189) The accounting equation (Ref3 :pg 36-37) Transactions affecting and not affecting owner s equity (Ref3 :pg 37-41) Effect of transactions on the balance sheet (Ref3 :pg 37) 9.2 Transaction and their effect on Balance Sheet (including examples) (Ref3 :pg 37-52) Section 10 : Financial Statements : The Profit & Loss Account (3 Hrs.) [Ref3] Discuss the concepts behind the preparation of a profit and loss account Analyze sales, other income and expenses in a balance sheet Extract information from a profit and loss account and comment on the performance of the organization 10.1 Key features of accounting for a trading business (Ref3 :pg ) 10.2 Value of sales (Revenue) Returns & allowances (Ref3 :pg ) Net sales (Ref3 :pg 177) 10.3 Cost of sales (Ref3 :pg ) Value of inventory (Ref3 :pg ) Discounts (Ref3 :pg ) Returns & allowances (Ref3 :pg ) Transport cost (Ref3 :pg ) 10.4 Operating Expenses & profit or loss (Ref3 :pg 183) 9

10 10.5 Example (Ref3 :pg. 178, pg 185) Section 11 : Introduction to the Analysis & Interpretation of Accounting Statements (4 Hrs.) [Ref3] Define ratio analysis Identify different uses of financial statement analysis Extract necessary information from a given financial statement to calculate ratios to comment on the profitability, liquidity and financial stability of the organization Type of ratios and its use (Ref3 :pg 625) Profitability ratios (Ref3 :pg ) Liquidity ratios (Ref3 :pg ) Financial stability ratios (Ref3 :pg ) Limitations of financial statement analysis (Ref3 :pg ) Section 12 : Managerial Economics (9 Hrs.) [Ref4] Identify the laws of demand and supply Identify different types of markets Discuss the principles in production and costs in the short run Explain the basics of macro economic principles Introduction to Economics (Ref4 : pg. 1-10) Demand, Supply & Price (Ref4 : pg ) Types of Markets 10

11 Perfect Competition (Ref4 : pg ) Monopoly (Ref4 : pg ) Oligopoly (Ref4 : pg , ) Production & Cost in the Short Run (Ref4 : pg ) Macro Economic Issues (Ref4 : pg 367) 11

IT4204 - Information Technology Project Management (Compulsory)

IT4204 - Information Technology Project Management (Compulsory) - Information Technology Project Management (Compulsory) INTRODUCTION Information Technology Project Management (ITPM) is one of the compulsory courses in Semester 4. A knowledge of the concepts, theories,

More information

IT6304 e-business Applications (Optional)

IT6304 e-business Applications (Optional) e-business Applications (Optional) INTRODUCTION This is one of the optional courses designed for Semester 6 of the Bachelor of Information Technology Degree program. It provides a sound understanding of

More information

IT1104- Information Systems & Technology (Compulsory)

IT1104- Information Systems & Technology (Compulsory) INTRODUCTION - Information Systems & Technology (Compulsory) This is one of the 4 courses designed for Semester 1 of Bachelor of Information Technology (BIT) Degree program. Information Systems and Technology

More information

IT4304 Rapid Software Development (Optional)

IT4304 Rapid Software Development (Optional) Rapid Software Development (Optional) INTRODUCTION This is one of the optional courses designed for Semester 4 of the Bachelor of Information Technology Degree program. This course on Rapid Software Development

More information

IT3205: Fundamentals of Software Engineering (Compulsory)

IT3205: Fundamentals of Software Engineering (Compulsory) INTRODUCTION : Fundamentals of Software Engineering (Compulsory) This course is designed to provide the students with the basic competencies required to identify requirements, document the system design

More information

IT3504: Web Development Techniques (Optional)

IT3504: Web Development Techniques (Optional) INTRODUCTION : Web Development Techniques (Optional) This is one of the three optional courses designed for Semester 3 of the Bachelor of Information Technology Degree program. This course on web development

More information

Financial Accounting. (Exam)

Financial Accounting. (Exam) Financial Accounting (Exam) Your AccountingCoach PRO membership includes lifetime access to all of our materials Take a quick tour by visiting wwwaccountingcoachcom/quicktour Table of Contents (click to

More information

IT1105- Information Systems & Technology

IT1105- Information Systems & Technology INTRODUCTION - Information Systems & Technology This is one of the 4 courses designed for Semester 1 of Bachelor of Information Technology (BIT) Degree program. Information Systems and Technology course

More information

Prerequisite: None or as established by individual college. 3.0 semester credit hours/4.5 quarter credit hours/45 contact hours

Prerequisite: None or as established by individual college. 3.0 semester credit hours/4.5 quarter credit hours/45 contact hours I. CATALOG DESCRIPTION ACCT-1200 Principles of Accounting I Prerequisite: None or as established by individual college This course is designed to provide introductory knowledge of accounting principles,

More information

Learning Objectives: Quick answer key: Question # Multiple Choice True/False. 14.1 Describe the important of accounting and financial information.

Learning Objectives: Quick answer key: Question # Multiple Choice True/False. 14.1 Describe the important of accounting and financial information. 0 Learning Objectives: 14.1 Describe the important of accounting and financial information. 14.2 Differentiate between managerial and financial accounting. 14.3 Identify the six steps of the accounting

More information

Unit 2 The Basic Accounting Cycle

Unit 2 The Basic Accounting Cycle Unit 2 The Basic Accounting Cycle Chapter 3 Chapter 4 Chapter 5 Chapter 6 Chapter 7 Chapter 8 Chapter 9 Business Transactions and the Accounting Equation Transactions That Affect Assets, Liabilities, and

More information

ACCOUNTING LIFEPAC 7 ADJUSTING & CLOSING ENTRIES

ACCOUNTING LIFEPAC 7 ADJUSTING & CLOSING ENTRIES Unit 7 ACCOUNTING LIFEPAC 7 ADJUSTING & CLOSING ENTRIES CONTENTS I. ADJUSTING ENTRIES.............................. 3 The Purpose of the Worksheet....................... 3 The Need for Adjustments..........................

More information

Review of Accounting Principles

Review of Accounting Principles Appendix A Review of Accounting Principles Appendix A is a review of basic accounting principles and procedures. Standard accounting procedures are based on the double-entry system. This means that each

More information

SEC Syllabus (2015) Accounting SEC SYLLABUS (2015) ACCOUNTING SEC 01 SYLLABUS

SEC Syllabus (2015) Accounting SEC SYLLABUS (2015) ACCOUNTING SEC 01 SYLLABUS SEC SYLLABUS (2015) ACCOUNTING SEC 01 SYLLABUS 1 Accounting SEC 01 Syllabus (not available in September) Paper 1 (2hrs) + Paper II (2 hrs) The aims of the syllabus are to enable students: 1. To understand

More information

Salem Community College Course Syllabus. Section I. Course Title: Principles Of Accounting I. Course Code: ACC121

Salem Community College Course Syllabus. Section I. Course Title: Principles Of Accounting I. Course Code: ACC121 Salem Community College Course Syllabus Section I Course Title: Principles Of Accounting I Course Code: ACC121 Lecture Hours: 4 Lab Hours: 0 Credits: 4 Course Description: An introduction to accounting

More information

Financial Accounting by Michael P. Licata, Ph.D. Course Syllabus and Learning Objectives by Chapter

Financial Accounting by Michael P. Licata, Ph.D. Course Syllabus and Learning Objectives by Chapter Financial Accounting by Michael P. Licata, Ph.D. Course Syllabus and Learning Objectives by Chapter Basic Course Description Financial Accounting by Michael P. Licata, Ph.D. is a first accounting course

More information

Basic Accounting Principles

Basic Accounting Principles Basic Accounting Principles Basic Accounting Model The basic accounting model represents the relationship between assets (what the company owns), liabilities (what the company owes), and owner s equity

More information

Unit 2 The Basic Accounting Cycle

Unit 2 The Basic Accounting Cycle Unit 2 The Basic Accounting Cycle Chapter 3 Chapter 4 Chapter 5 Chapter 6 Chapter 7 Chapter 8 Chapter 9 Business Transactions and the Accounting Equation Transactions That Affect Assets, Liabilities, and

More information

SYLLABUS. Title: Principles of Accounting I

SYLLABUS. Title: Principles of Accounting I Code: ACCT101 Institute: Business & Social Science Title: Principles of Accounting I Department: Accounting Course Description: An introduction to basic concepts and principles of recording and posting

More information

Introduction. Accounting A level. The Specification (or Syllabus) Private Candidates

Introduction. Accounting A level. The Specification (or Syllabus) Private Candidates Accounting A level Welcome to your A level Accounting course. This should provide you with all the information you need to make a successful start to your studies. The Specification (or Syllabus) This

More information

SOUTHWESTERN MICHIGAN COLLEGE School of Business Dowagiac, Michigan COURSE SYLLABUS Winter Session, 2004

SOUTHWESTERN MICHIGAN COLLEGE School of Business Dowagiac, Michigan COURSE SYLLABUS Winter Session, 2004 SOUTHWESTERN MICHIGAN COLLEGE School of Business Dowagiac, Michigan COURSE SYLLABUS Winter Session, 2004 COURSE TITLE: Principles of Accounting I COURSE NO.: ACCO 201 SECTION NO.: 1002 1003 CREDITS/CONTACTS:

More information

COURSE GUIDELINE--Accounting

COURSE GUIDELINE--Accounting COURSE GUIDELINE--Accounting Grade: 9- (Elective Course, offered one semester at a time) SUBJECT: Accounting TEACHER: Reimer STANDARD QTR. RESOURCES STRATEGIES ASSESSMENTS. Define accounting and explain

More information

IT4203 Information Technology Project Management (Compulsory)

IT4203 Information Technology Project Management (Compulsory) Information Technology Project Management (Compulsory) INTRODUCTION Information Technology Project Management (ITPM) is one of the compulsory courses in Semester 4. A knowledge of the concepts and techniques

More information

The Institute of Cost Accountants of India

The Institute of Cost Accountants of India The Institute of Cost ccountants of India ( Statutory Body under an ct of Parliament) www.icmai.in Foundation Course_Syllabus 2016 Structure & Contents Suggestions are invited within 20th July,2015 at

More information

Course- Financial Management.

Course- Financial Management. Course- Financial Management. PHAR 4233 Semester/Year: Spring 2013 Course dates2/2/2013-2/27/2013 Lecture Objective Template Lecture #1/2 Date/time: 10:00 AM 1/3/2013 Lecture/Name Topic: Introduction to

More information

Course- Financial Management.

Course- Financial Management. Course- Financial Management. PHAR 4233 Semester/Year: Spring 2015 Lecture Objective Template Lecture #1/2 Date/time: 10:00 AM 1/6-7/2015 Lecture/Name Topic: Introduction to Financial Management and Accounting

More information

REPORT ON CANDIDATES WORK IN THE CARIBBEAN SECONDARY EDUCATION CERTIFICATE EXAMINATION JANUARY 2013

REPORT ON CANDIDATES WORK IN THE CARIBBEAN SECONDARY EDUCATION CERTIFICATE EXAMINATION JANUARY 2013 CARIBBEAN EXAMINATIONS COUNCIL REPORT ON CANDIDATES WORK IN THE CARIBBEAN SECONDARY EDUCATION CERTIFICATE EXAMINATION JANUARY 2013 PRINCIPLES OF ACCOUNTS GENERAL PROFICIENCY EXAMINATION Copyright 2013

More information

COURSE SYLLABUS. Academic year 2012-2013. (English teaching)

COURSE SYLLABUS. Academic year 2012-2013. (English teaching) 1. COURSE DESCRIPTION Degree: Administración y Dirección de Empresas (English teaching) Double Degree: Derecho y Administración y Dirección de Empresas (English teaching) Course: BUSINESS MANAGEMENT PROCESS

More information

Objective Evidence. Unit of Measurement. Accounting Period Cycle. Business Entity. Going Concern. Adequate Disclosure. Matching Expenses with Revenue

Objective Evidence. Unit of Measurement. Accounting Period Cycle. Business Entity. Going Concern. Adequate Disclosure. Matching Expenses with Revenue Accounting Concept: A source document is prepared for each transaction Objective Evidence Accounting Concept: Business transactions are stated in numbers that have common values; that is, using a common

More information

Advanced Placement (AP) Accounting Course & Exam Pilot Program Course Outline, Learning Objectives and Student Outcomes

Advanced Placement (AP) Accounting Course & Exam Pilot Program Course Outline, Learning Objectives and Student Outcomes Advanced Placement (AP) Accounting Course & Exam Pilot Program Course Outline, Learning Objectives and Student Outcomes Course Overview The Advanced Placement (AP) Accounting Course & Exam Pilot Program

More information

Accounting 1 Semester 1 Final Exam Review Practice

Accounting 1 Semester 1 Final Exam Review Practice Accounting 1 Semester 1 Final Exam Review Practice True/False Indicate whether the sentence or statement is true or false. 1. Accounting is the language of business. 2. The relationship among assets, liabilities,

More information

CENTURY 21 ACCOUNTING, 8e General Journal Chapter Objectives

CENTURY 21 ACCOUNTING, 8e General Journal Chapter Objectives CENTURY 21 ACCOUNTING, 8e General Journal Chapter Objectives Chapter 1 Starting A Proprietorship: Changes that Affect the Accounting Equation After studying Chapter 1, you will be able to: 1. Define accounting

More information

Century 21 Accounting, 8e General Journal Chapter Outlines

Century 21 Accounting, 8e General Journal Chapter Outlines Century 21 Accounting, 8e General Journal Chapter Outlines PART 1 Chapter 1 ACCOUNTING FOR A SERVICE BUSINESS ORGANIZED AS A PROPRIETORSHIP Starting A Proprietorship: Changes that Affect the Accounting

More information

COWLEY COLLEGE & Area Vocational Technical School

COWLEY COLLEGE & Area Vocational Technical School COWLEY COLLEGE & Area Vocational Technical School COURSE PROCEDURE FOR PRINCIPLES OF ACCOUNTING I ACC1150 3 Credit Hours Student Level: This course is open to students on the college level in either the

More information

Advanced Placement (AP) Accounting Course and Exam Pilot Program Course Outline, Learning Objectives and Student Outcomes

Advanced Placement (AP) Accounting Course and Exam Pilot Program Course Outline, Learning Objectives and Student Outcomes Advanced Placement (AP) Accounting Course and Exam Pilot Program Course Outline, Learning Objectives and Student Outcomes Course Overview The Advanced Placement (AP) Accounting Course and Exam Pilot Program

More information

Advanced Placement (AP) Accounting Course & Exam Pilot Program Course Outline, Learning Objectives and Student Outcomes

Advanced Placement (AP) Accounting Course & Exam Pilot Program Course Outline, Learning Objectives and Student Outcomes Advanced Placement (AP) Accounting Course & Exam Pilot Program Course Outline, Learning Objectives and Student Outcomes Course Overview The Advanced Placement (AP) Accounting Course & Exam Pilot Program

More information

A Simple Model. The Accounting Equation

A Simple Model. The Accounting Equation An introduction to the accounting equation in the context of building a financial model. This series introduces the financial statements in the context of a financial model. NOTES TO ACCOMPANY VIDEOS These

More information

FACULTY OF MANAGEMENT INTRODUCTORY ACCOUNTING MGT 2100, SECTION Y SPRING 2015

FACULTY OF MANAGEMENT INTRODUCTORY ACCOUNTING MGT 2100, SECTION Y SPRING 2015 FACULTY OF MANAGEMENT INTRODUCTORY ACCOUNTING MGT 2100, SECTION Y SPRING 2015 MONDAYS - 6:00PM to 9:00 PM ROOM: S4021 INSTRUCTOR OFFICE HOURS COURSE MATERIALS Required Textbook: Jeremie Lavoie Jeremie.lavoie@uleth.ca

More information

Bookkeeping Tips & T Accounts Prepared by Accomp Services (www.accompservices.ca)

Bookkeeping Tips & T Accounts Prepared by Accomp Services (www.accompservices.ca) Bookkeeping Tips & T Accounts Prepared by Accomp Services (www.accompservices.ca) Further valuable accounting and bookkeeping website resources are listed at the end of this document. A business is one

More information

Requisite Approval must be attached

Requisite Approval must be attached Requisite Approval must be attached CITRUS COMMUNITY COLLEGE DISTRICT DEPARTMENT Business COURSE NUMBER ACCT 101 TITLE Financial Accounting THIS COURSE IS CLASSIFIED AS: DEGREE APPLICABLE UNIT VALUE 4

More information

BUS 221 FINANCIAL ACCOUNTING

BUS 221 FINANCIAL ACCOUNTING BUS 221 FINANCIAL ACCOUNTING PRESENTED AND APPROVED: AUGUST 9, 2012 EFFECTIVE: FALL 2013-14 Prefix & Number BUS 221 Course Title: Financial Accounting Purpose of this submission: New X Change/Updated Retire

More information

UNIVERSITY OF MUMBAI. Syllabus for T.Y.B.Com Business Management Paper III-Management and Organisation Development

UNIVERSITY OF MUMBAI. Syllabus for T.Y.B.Com Business Management Paper III-Management and Organisation Development UNIVERSITY OF MUMBAI AC 7/6/2013 Item no. 4.30 Syllabus for T.Y.B.Com Business Management Paper III-Management and Organisation Development Under the Credit and Grade Based Evaluation System (For the Academic

More information

Principles of Financial Accounting ACC-101-TE. TECEP Test Description

Principles of Financial Accounting ACC-101-TE. TECEP Test Description Principles of Financial Accounting ACC-101-TE TECEP Test Description This TECEP is an introduction to the field of financial accounting. It covers the accounting cycle, merchandising concerns, and financial

More information

Review of the Accounting Process THE BASIC MODEL

Review of the Accounting Process THE BASIC MODEL THE BASIC MODEL The accounting information system is designed to collect and organize data into information that is useful for stakeholders. The Accounting Equation The basic accounting equation is what

More information

ACC106 Office Accounting I Administration Outline

ACC106 Office Accounting I Administration Outline ACC106 Office Accounting I Administration Outline Course Information Organization Mercer County Community College Credits 3 Contact Hours 3 Description Basic accounting course designed for non-transfer

More information

The Double-Entry System EFFECTS OF TRANSACTIONS ON THE BALANCE SHEET. Initial Paid-in Capital. An Example Entity. Transaction 2.

The Double-Entry System EFFECTS OF TRANSACTIONS ON THE BALANCE SHEET. Initial Paid-in Capital. An Example Entity. Transaction 2. The Double-Entry System EFFECTS OF TRANSACTIONS ON THE BALANCE SHEET 2001 Richard S. Barr Transaction: Any event that affects the entity's financial position and requires recording Every accounting transaction

More information

IT4404 - Fundamentals of Multimedia (Optional)

IT4404 - Fundamentals of Multimedia (Optional) - Fundamentals of Multimedia (Optional) INTRODUCTION This is one of the three optional courses designed for Semester 4 of the Bachelor of Information Technology Degree program. This course provides the

More information

JEFFERSON COLLEGE COURSE SYLLABUS

JEFFERSON COLLEGE COURSE SYLLABUS JEFFERSON COLLEGE COURSE SYLLABUS MGT 262 FINANCIAL MANAGEMENT 3 Credit Hours Prepared by Don Boyer Revision Date: May 2002 by Don Boyer CAREER & TECHNICAL EDUCATION Alan C. Foster, Associate Dean MGT

More information

THE UNIVERSITY OF THE WEST INDIES, ST. AUGUSTINE FACULTY OF SOCIAL SCIENCES DEPARTMENT OF MANAGEMENT STUDIES

THE UNIVERSITY OF THE WEST INDIES, ST. AUGUSTINE FACULTY OF SOCIAL SCIENCES DEPARTMENT OF MANAGEMENT STUDIES THE UNIVERSITY OF THE WEST INDIES, ST. AUGUSTINE FACULTY OF SOCIAL SCIENCES DEPARTMENT OF MANAGEMENT STUDIES ACCT 1002 INTRODUCTIION TO FINANCIAL ACCOUNTING COURSE OUTLINE NO. OF CREDITS: 3 LEVEL: I PREREQUISITES:

More information

Accounting Pilot & Bridge Project Course Outline, Learning Objectives and Student Outcomes

Accounting Pilot & Bridge Project Course Outline, Learning Objectives and Student Outcomes Accounting Pilot & Bridge Project Course Outline, Learning Objectives and Student Outcomes Course Overview The Accounting Pilot & Bridge Project is a year-long course based on high school teachers having

More information

Liquidation of a Partnership

Liquidation of a Partnership Liquidation of a Partnership STUDY OBJECTIVE 5 Explain the effects of the entries to record the liquidation of a partnership. Liquidation of a business involves selling the assets of the firm, paying liabilities,

More information

* * * Chapter 15 Accounting & Financial Statements. Copyright 2013 Pearson Education, Inc. publishing as Prentice Hall

* * * Chapter 15 Accounting & Financial Statements. Copyright 2013 Pearson Education, Inc. publishing as Prentice Hall Chapter 15 Accounting & Financial Statements Copyright 2013 Pearson Education, Inc. publishing as Prentice Hall Bookkeeping vs. Accounting Bookkeeping Accounting The recording of business transactions.

More information

BUSINESS DEPARTMENT BASIC ACCOUNTING (ACT 100) SYLLABUS Fall 2015 Wed. 6:30 9:45

BUSINESS DEPARTMENT BASIC ACCOUNTING (ACT 100) SYLLABUS Fall 2015 Wed. 6:30 9:45 BUSINESS DEPARTMENT BASIC ACCOUNTING (ACT 100) SYLLABUS Fall 2015 Wed. 6:30 9:45 INSTRUCTOR: Mark Sullivan OFFICE HOURS Office: FOH 205i T 4:30 6:15 Office Telephone 410-334-2838 W 4:15 6:15 Home Telephone

More information

Chapter 2. Analyzing transactions

Chapter 2. Analyzing transactions 1 Chapter 2 Analyzing transactions 2 Learning objectives 1. Explain the steps in the accounting cycle and each step s supporting documentation 2. Explain the purpose of source documents 3. Describe an

More information

IM SYLLABUS (2015) ACCOUNTING IM 01 SYLLABUS

IM SYLLABUS (2015) ACCOUNTING IM 01 SYLLABUS IM SYLLABUS (2015) ACCOUNTING IM 01 SYLLABUS 1 Accounting IM01 Syllabus (Available in September) 1 Paper (3 hrs) Introduction The syllabus seeks to develop sound financial literacy, and the presentation

More information

WEEK. 1/19 Unit 1: The Accounting Environment/Benchmarks 10/28 Unit 5: Accounting for a Merchandising Enterprise

WEEK. 1/19 Unit 1: The Accounting Environment/Benchmarks 10/28 Unit 5: Accounting for a Merchandising Enterprise WEEK Semester 1 Marking Periods 1&2/5&6 WEEK Semester 2 Marking Periods 3&4/7&8 1/19 Unit 1: The Accounting Environment/Benchmarks 10/28 Unit 5: Accounting for a Merchandising Enterprise 2/20 11/29 3/21

More information

Advanced Accounting. Chapter 4: Financial Reporting for a Departmentalized Business

Advanced Accounting. Chapter 4: Financial Reporting for a Departmentalized Business Advanced Accounting Chapter 4: Financial Reporting for a Departmentalized Business Financial statements are used to summarize financial info and then are used to evaluate the financial position and progress

More information

Questions and Answers

Questions and Answers Questions and Answers 1. List and describe the major steps in the accounting cycle. 2. In accounting, debit and credit have specific meanings. What are they? 3. You overheard one of your friends telling

More information

Advanced Placement (AP) Accounting

Advanced Placement (AP) Accounting Advanced Placement (AP) Accounting The Advanced Placement (AP) Accounting Course is a full academic year course. The course is based on high school teachers having 120 contact hours with students from

More information

IT2404 Systems Analysis and Design (Compulsory)

IT2404 Systems Analysis and Design (Compulsory) Systems Analysis and Design (Compulsory) BIT 1 st YEAR SEMESTER 2 INTRODUCTION This is one of the 4 courses designed for Semester 1 of Bachelor of Information Technology Degree program. CREDITS: 04 LEARNING

More information

Financial Accounting (F3/FFA) February 2014 to August 2015

Financial Accounting (F3/FFA) February 2014 to August 2015 Financial Accounting (F3/FFA) February 2014 to August 2015 This syllabus and study guide are designed to help with teaching and learning and is intended to provide detailed information on what could be

More information

Certificate program in. Accounting. Management Institute of Canada (MIC) Copyright 2008 Management Institute of Canada, Inc - Montreal

Certificate program in. Accounting. Management Institute of Canada (MIC) Copyright 2008 Management Institute of Canada, Inc - Montreal Certificate program in Accounting Management Institute of Canada (MIC) Copyright 2008 Management Institute of Canada, Inc - Montreal Introduction If you are interested in majoring in Accounting, there

More information

Dutchess Community College ACC 204 Managerial Accounting Quiz Prep Chapter 9

Dutchess Community College ACC 204 Managerial Accounting Quiz Prep Chapter 9 Dutchess Community College ACC 204 Managerial Accounting Quiz Prep Chapter 9 Budgetary Planning Peter Rivera March 2011 Disclaimer This Quiz Prep is provided as an outline of the key concepts from the

More information

CONTENTS CHAPTER - 1 : FINANCIAL ACCOUNTING : AN OVERVIEW

CONTENTS CHAPTER - 1 : FINANCIAL ACCOUNTING : AN OVERVIEW CONTENTS CHAPTER - 1 : FINANCIAL ACCOUNTING : AN OVERVIEW Introduction ; Evolution of accounting; Meaning of book keeping; Definition of book keeping; Characteristics of book keeping; Process of book keeping;

More information

Accounting Self Study Guide for Staff of Micro Finance Institutions

Accounting Self Study Guide for Staff of Micro Finance Institutions Accounting Self Study Guide for Staff of Micro Finance Institutions LESSON 5 Summarizing Changes in Financial Position OBJECTIVES The purpose of this lesson is to show how to summarize the transactions

More information

Ordinances and Syllabus of Post Graduate Diploma in Management of Non-Governmental Organizations

Ordinances and Syllabus of Post Graduate Diploma in Management of Non-Governmental Organizations Ordinances and Syllabus of Post Graduate Diploma in Management of Non-Governmental Organizations Rationale The NGO s since the last two decades, due to their unique vision and perspectives of a just, equitable

More information

Victorian Certificate of Education 2008 ACCOUNTING. Written examination 2. Thursday 6 November 2008

Victorian Certificate of Education 2008 ACCOUNTING. Written examination 2. Thursday 6 November 2008 Victorian Certificate of Education 2008 ACCOUNTING Written examination 2 Thursday 6 November 2008 Reading time: 11.45 am to 12.00 noon (15 minutes) Writing time: 12.00 noon to 1.30 pm (1 hour 30 minutes)

More information

GROUP 3 Individuals and Societies

GROUP 3 Individuals and Societies GROUP 3 Individuals and Societies BUSINESS AND MANAGEMENT Business and Management course is aimed at developing the understanding of business as a theory and developing the skills of applying the business

More information

COMPLETION OF THE ACCOUNTING CYCLE - Closing Entries -

COMPLETION OF THE ACCOUNTING CYCLE - Closing Entries - COMPLETION OF THE ACCOUNTING CYCLE - Closing Entries - Worksheet Overview Trial Balance Adjustments Adjusted Trial Balance Income Statement Balance Sheet Account Titles Debit Credit Debit Credit Debit

More information

THE UNIVERSITY OF NORTH CAROLINA AT GREENSBORO BRYAN SCHOOL OF BUSINESS AND ECONOMICS

THE UNIVERSITY OF NORTH CAROLINA AT GREENSBORO BRYAN SCHOOL OF BUSINESS AND ECONOMICS THE UNIVERSITY OF NORTH CAROLINA AT GREENSBORO BRYAN SCHOOL OF BUSINESS AND ECONOMICS Professor: Evan Shough Office: Bryan 342 Phone: 256-0127 Email: emshough@uncg.edu Office Hours: By Appointment MBA

More information

Chapter 3: Double-Entry Bookkeeping

Chapter 3: Double-Entry Bookkeeping Chapter 3: Double-Entry Bookkeeping Double-entry bookkeeping underpins accounting A way of systematically recording the financial transactions of a company so that each transaction is recorded twice. Basic

More information

Department of Economics and Finance Lutgert College of Business ECP 6705 Managerial Economics Fall 2013 CRN 82381 Lutgert Hall 2208

Department of Economics and Finance Lutgert College of Business ECP 6705 Managerial Economics Fall 2013 CRN 82381 Lutgert Hall 2208 Department of Economics and Finance Lutgert College of Business ECP 6705 Managerial Economics Fall 2013 CRN 82381 Lutgert Hall 2208 Instructor: Mushfiq Swaleheen, Ph.D., Associate Professor. Office: Lutgert

More information

Quick Reference for Key Category Management Calculations

Quick Reference for Key Category Management Calculations Quick Reference for Key Category Management Calculations Average Price - Reflects the average product price in retail stores REGARDLESS of merchandising activity (displays, features, temporary price reductions).

More information

IT2305 Database Systems I (Compulsory)

IT2305 Database Systems I (Compulsory) Database Systems I (Compulsory) INTRODUCTION This is one of the 4 modules designed for Semester 2 of Bachelor of Information Technology Degree program. CREDITS: 04 LEARNING OUTCOMES On completion of this

More information

* The official list of textbooks and materials for this course are found on Inside NC.

* The official list of textbooks and materials for this course are found on Inside NC. COURSE SYLLABUS COURSE IDENTIFICATION Course/Prefix Number: ACCT 201 Course Title: Financial Accounting Division: Applied Science Division Program: Accounting Credit Hours: 3 Initiation/Revision Date:

More information

Accounting and Finance for Managers and Entrepreneurs

Accounting and Finance for Managers and Entrepreneurs Accounting and Finance for Managers and Entrepreneurs Course Description This course covers what everything business people and managers need to know about accounting and finance. It is directed toward

More information

Small Business Entrepreneurship Lesson Objectives

Small Business Entrepreneurship Lesson Objectives Small Business Entrepreneurship Lesson Unit 1: OVERVIEW OF SMALL BUSINESS ENTREPRENEURSHIP What Is Entrepreneurship? Define and list examples of entrepreneurs. Explain the difference between a product-based

More information

ACCOUNTING 201 (64381) INTRO TO FINANCIAL ACCOUNTING 03 CREDITS

ACCOUNTING 201 (64381) INTRO TO FINANCIAL ACCOUNTING 03 CREDITS ACCOUNTING 201 (64381) INTRO TO FINANCIAL ACCOUNTING 03 CREDITS ONLINE COURSE SPRING 2012 INSTRUCTOR: Deacon Hanson OFFICE: Hale Na auao, Rm. 137 OFFICE HOURS: To Be Announced TELEPHONE: 236-9237 (O);

More information

801132 - COMPC2 - Cost Accounting II

801132 - COMPC2 - Cost Accounting II Coordinating unit: Teaching unit: Academic year: Degree: ECTS credits: 2014 801 - EUNCET - Euncet University Business School 801 - EUNCET - Euncet University Business School BACHELOR'S DEGREE IN BUSINESS

More information

ILLUSTRATION 3-1 DOUBLE-ENTRY ACCOUNTING SYSTEM

ILLUSTRATION 3-1 DOUBLE-ENTRY ACCOUNTING SYSTEM ILLUSTRATION 3-1 DOUBLE-ENTRY ACCOUNTING SYSTEM ASSETS Increase Decrease + DOUBLE-ENTRY ACCOUNTING REAL (PERMANENT) ACCOUNTS = LIABILITIES + Rules of Thumb + If the "normal balance" for an account is a

More information

Course Outcome Summary

Course Outcome Summary 1 of 8 Wisconsin Indianhead Technical College Course Outcome Summary Course Information Alternate Title Description Instructional Level Total Credits 4.00 Total Hours 80.00 previously Financial Accounting

More information

EASTERN ARIZONA COLLEGE Financial Management

EASTERN ARIZONA COLLEGE Financial Management EASTERN ARIZONA COLLEGE Financial Management Course Design 2013-2014 Course Information Division Business Course Number SBM 211 Title Financial Management Credits 3 Developed by Mike Fox Lecture/Lab Ratio

More information

PROGRAM CONCENTRATION: Business & Computer Science Financial Management - Accounting

PROGRAM CONCENTRATION: Business & Computer Science Financial Management - Accounting PROGRAM CONCENTRATION: Business & Computer Science CAREER PATHWAY: Financial Management - Accounting COURSE TITLE: Principles of Accounting I Students perform accounting activities for sole proprietorships

More information

Introductory Financial Accounting Course Outline

Introductory Financial Accounting Course Outline Aboriginal Financial Officers Association of Alberta Introductory Financial Accounting Course Outline ACCT 210: INTRODUCTORY FINANCIAL ACCOUNTING I... 1 ACCT 240: INTRODUCTORY FINANCIAL ACCOUNTING II...

More information

Dutchess Community College ACC 204 Managerial Accounting Quiz Prep Chapter 2

Dutchess Community College ACC 204 Managerial Accounting Quiz Prep Chapter 2 Dutchess Community College ACC 204 Managerial Accounting Quiz Prep Chapter 2 Job Order Cost Accounting Peter Rivera January 2010 Disclaimer This Quiz Prep is provided as an outline of the key concepts

More information

1 Define Management. Explain Mintzberg Managerial Roles. 12M

1 Define Management. Explain Mintzberg Managerial Roles. 12M Question Paper Code :GMB11T01 MANAGEMENT AND ORGANIZATIONAL BEHAVI0R 1 Define Management. Explain Mintzberg Managerial Roles. 2 Define Social Responsibility. Explain the Arguments for and against Social

More information

MARKETING MANAGEMENT I. Course outline

MARKETING MANAGEMENT I. Course outline MARKETING MANAGEMENT I Course outline Topic 1. INTRODUCTION TO THE MAIN MARKETING FUNCTIONS AND CONCEPTS: HISTORY AND GENERAL EVOLUTION TOPIC 2. ASSESSING MARKETING S CRITICAL ROLE IN ORGANIZATIONAL PERFORMANCE

More information

ACC 120 PRINCIPLES OF FINANCIAL ACCOUNTING

ACC 120 PRINCIPLES OF FINANCIAL ACCOUNTING ACC 120 PRINCIPLES OF FINANCIAL ACCOUNTING COURSE DESCRIPTION: Prerequisites ENG 090, and RED 090 or DRE 098; MAT 070 or DMA 010, 020, 030, 040, or satisfactory score on placement test Corequisites: None

More information

CHAPTER 8 Valuation of Inventories: A Cost Basis Approach

CHAPTER 8 Valuation of Inventories: A Cost Basis Approach CHAPTER 8 Valuation of Inventories: A Cost Basis Approach 8-1 LECTURE OUTLINE This chapter can be covered in three to four class sessions. Students should have had previous exposure to inventory accounting

More information

ACC 135. Course Package

ACC 135. Course Package 1 ACC 135 Accounting Systems and Procedures Course Package Approved August 6, 2009 2. COURSE PACKAGE FORM Contact person(s) Dr. Eric Aurand, Dr. James Childe Date of proposal to Fall 2009 Curriculum Committee

More information

ENTREPRENEURSHIP BUSN 1330 3 Semester Hours. Revised Summer 2015

ENTREPRENEURSHIP BUSN 1330 3 Semester Hours. Revised Summer 2015 ENTREPRENEURSHIP BUSN 1330 3 Semester Hours COURSE INFORMATION Course Description: This course explores the strategies necessary to start and operate a business. Topics may include development of a business

More information

PREPARING FINAL ACCOUNTS. part

PREPARING FINAL ACCOUNTS. part 15_1312MH_CH09 27/1/05 8:38 am Page 87 PREPARING part 3 FINAL ACCOUNTS 9 The final accounts of sole traders 10 Accounting principles, concepts and policies 11 Depreciation and fixed assets 12 Bad debts

More information

Study Guide - Final Exam Accounting I

Study Guide - Final Exam Accounting I Study Guide - Final Exam Accounting I True/False Indicate whether the sentence or statement is true or false. 1. Entries in a sales journal affect account balances in both the accounts receivable ledger

More information

TOPIC LEARNING OBJECTIVE

TOPIC LEARNING OBJECTIVE Topic Mapping 1 Transaction Analysis Understand the effect of various types of transactions on the accounting equation, accounting journal and accounting ledger. Concepts and Skills Accounting Equation

More information

CATHOLIC REGIONAL COLLEGE SYDENHAM. Study: Accounting

CATHOLIC REGIONAL COLLEGE SYDENHAM. Study: Accounting CATHOLIC REGIONAL COLLEGE SYDENHAM Study: Accounting Rationale: Accounting is the process of recording, reporting, analysing and interpreting financial data and information that is then communicated to

More information

CHAPTER 3 The Accounting Information System

CHAPTER 3 The Accounting Information System CHAPTER 3 The Accounting Information System 3-1 LECTURE OUTLINE Chapter 3 provides a review of accounting procedures throughout the accounting cycle. Depending on time constraints and students accounting

More information

Financial Accounting. Tuck 001 Winter 2015

Financial Accounting. Tuck 001 Winter 2015 Financial Accounting Professor Dirk E. Black Tuck 202 603-646-9635 dirk.e.black@tuck.dartmouth.edu Office/Canvas Chat Hours: Wednesday 3-5 p.m. Course Objectives The role of accounting is to provide information

More information

ACCT 280 G Accounting I

ACCT 280 G Accounting I Columbia College Online Campus P a g e 1 ACCT 280 G Accounting I June Session 14-55 June 01, through July 25, 2015 Course Description Introduction to the principles and concepts of accounting and the application

More information

Accounting Principles Education Using a Board Game

Accounting Principles Education Using a Board Game Accounting Principles Education Using a Board Game : This study provides a teaching method for accounting principles using a board game. Many students have negative perception that accounting

More information