FAR110 Assessment Coursework
| Course Name (English) | FINANCIAL ACCOUNTING 1 |
|---|---|
| Course Code | FAR110 |
| MQF Credit | 3 |
| Teaching Methodologies | Lectures, Tutorial, Simulation Activity, Problem Based Learning (PBL) |
| Pre-Requisite Courses | No course recommendations |
Course Description
This course introduces the student to financial accounting and assumes that the student has no prior knowledge of the subject. It deals with the recording of accounting transactions and events using the double entry system and the preparation of financial statements of a sole trader for merchandising and service enterprise. The course will expose the student to the fundamental accounting principles, accounting techniques, the underlying records used in recording, preparing financial statements and developing basic entrepreneurial skills. This course aims to provide students with the basic accounting knowledge and skills in the recording process and the preparation of financial statements for sole proprietors.
Transferable Skills
This course aims to provide students with the basic accounting knowledge and skills in the recording process and the preparation of financial statements.
CLO
CLO1 Describe the terms and the activities associated with financial accounting
CLO2 Prepare accounting records and the financial statements of a sole-proprietorship business
CLO3 Demonstrate entrepreneurial skills in task related to financial accounting simulation package for a sole-proprietorship business.
Reading List
Recommended Text
- Siti Noor Hayati Mohamad Zawawi; Abu,A; Mohamad, R; Haron,R 2021, Fundamental Accounting: Concept and Practical Approach, 2nd Edition Ed., 10, McGraw-Hill Kuala Lumpur [ISBN: 9789670761473]
Reference Book Resources
- Fatimah, A.R., Amla, A., Radziah, M. 2017, FINANCIAL ACCOUNTING FOR NON-ACCOUNTING STUDENTS, Fourth Ed., 15, Mc-GrawHill Malaysia [ISBN: 9789675771866]
- Charles T. Horngren,Walter T Harrison,Suzanne M. Oliver,Peter Best,David D. Fraser,Rebecca C. W. Tan,Roger Willett 2013, Accounting, Seventh Ed., 23, Pearson Australia [ISBN: 9781442551923]
Article/Paper List
This Course does not have any article/paper resources
Other References
This Course does not have any other resources
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