Professional Documents
Culture Documents
COURSE
CODE
LECTURE
TUTORIAL
LECTURER
COURSE OUTCOMES
CO1
CO2
CO3
CO4
CO5
CO6
CO7
CO8
Differentiate between accounting and book keeping, types and various form of organisations,
Explain the various types of accounting concepts and convention
Identify effects of accounting transactions on the accounting equation
Apply expanded accounting equation and double entry rules to prepare journals and ledgers
Identify the 7 types of specialised journals and prepare the subsidiary ledgers
Prepare the financial statement (income statement and balance sheet)
Calculate the simple ratios and gives comment
Prepare adjusted cash book and bank reconciliation statement
PROGRAM/LEARNING OUTCOMES
LO1
LO2
LO4
LO6
CO-LO MATRIX
ACC106/LP/updated March 2013
Page 1
LO1
CO1
CO2
CO3
CO4
CO5
CO6
CO7
CO8
LO2
LO4
LO6
PLAN STRUCTURE
NO
WEEK TOPIC
INTRO
CONTACT
HOURS
0.5
LECTURE/TUTORIAL
COVERAGE
TOPIC
OUTCOME
Ability to:
Ice breaking.
Overview of OBE.
Overview of the course via
lesson plan and syllabus
contents.
Understand the
significance
important
of
adopting OBE for
the course.
Recognize THE
program
educational
objectives
(PEOs).
Recognize THE
program
outcomes (POs).
Recognize
the
CO
LO
LEARNING ASSESSMENT
MODEL
Sharing of
materials
and
information
Entrance Survey
Page 2
course outcomes
(COs).
Recognize
the
course
topic
outcomes (TOs).
Introductio
n to
Accounting
1.5
1.1 Definition,
functions, Able to explain:
objectives and uses of
-definition,
financial statements.
functions,
1.2 Main user groups of objectives and
financial statements.
uses of financial
statement.
1.3 Types
and
various
forms of business (sole
-identify different
trader of merchandising
and service enterprise, groups of users
partnership and private and their use of
the financial
& public companies)
statement.
1.4 Differentiate
between
bookkeeping
and -explain the
accounting.
different types of
business.
CO1
LO1
Lecture
and tutorial
- differentiate
between
accounting and
bookkeeping.
2
Introductio
n to
concepts
and
CO2
LO1
LO4
Lecture
and tutorial
Page 3
convention
s of
accounting
2-3
4-5
6-7
2.5
2.6
2.7
2.8
Accounting
Equation
and
Accounting
classificati
on
Principles
of double
entry and
trial
balance
Books of
Accounting
Comparability concept
Consistency concept
Neutrality concept
Materiality concept
situation.
CO3
CO3
LO1,
CO4
LO2
Able to use
double entry rules
4.2 Expanded accounting to prepare journal
equation
and ledger
account
4.3 Ledger entries
4.4
Balancing of ledger
account
4.5
5.1
Introduction to source
Able to identify
LO1,
LO2
CO5
LO1
Lecture
and
tutorials
Lecture
and
tutorials
Lecture
Quiz 2
Quiz 1 Preparation
of trial balance
Page 4
Prime
entry
document
5.2 Types of journal:
- Sales journal
- Purchases journal
- Return inwards journal
-Return outwards journal
- Cash Receipts Journal
- Cash Payments journal
- General journal
the 7 types of
journals and able
to prepare the
subsidiary
ledgers.
LO2
and
tutorials
Group assignment
Students are
required to create
their own
business
transactions with
at least 3
transactions for
each specialised
journals together
with ledger and
trial balance.
8-11
Balance
day
adjustment
s and
preparatio
n of final
accounts
16
Preparation
balance
of
trial
6.1Acrual-based Accounting
Able to
incorporate the
6.2 Adjustments of accruals adjustments in
and
prepayments
the preparation of
through ledger accounts
6.3 Bad debts ( Allowance final account
(Income
method)
statements and
6.4 Doubtful debts-providing statement of
for
Allowance
for
CO6
LO1,
LO2,
Lecture
and tutorial
LO4,
LO6
Page 5
doubtful debts
financial position)
12-13
Financial
statement
analysis
7.1
Objectives
financial statement
of Able to calculate
each ratio and
gives relevant
7.2 Types of analysis
comment for
Profitability:
decision making
- Gross profit margin
purposes.
- Net profit margin
Liquidity ratio:
- Current ratio
- Acid test ratio
Efficiency:
- Debtors collection
period
- Inventory turnover
CO7
LO1,
LO2,
Lecture
and tutorial
LO6
Page 6
ratio
7.3 Preparation
interpretation
7.4 Limitation
analysis
8
13-14
Bank
reconciliati
on
statement
and
of
ratio
8.1 Use
of
banking
facilities for safe keeping
of cash (bank account).
8.2
Able to prepare
the adjusted cash
book and bank
reconciliation
statement
CO8
LO1,
LO2
Lecture
and tutorial
Test 2
Exit survey
Page 7