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 6 January 2014
Page 1
LO1
CO1
CO2
CO3
CO4
CO5
CO6
CO7
CO8
LO2
LO4
LO6
PLAN STRUCTURE
NO
WEEK TOPIC
INTRODUCTI
ON
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).
Introduction
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
Introduction
to concepts
and
conventions
CO2
LO1
LO4
Lecture
and tutorial
Page 3
of
accounting
2-3
4-5
6-7
2.5
2.6
2.7
2.8
Accounting
Comparability concept
Consistency concept
Neutrality concept
Materiality concept
situation.
Accounting
6
Equation and
Accounting
classification
CO3
Principles of
double entry
and trial
balance
CO3
LO1,
CO4
LO2
Books of
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
LO1,
LO2
Lecture
and
tutorials
Lecture
and
tutorials
Quiz 1,Test 1
and final exam
Quiz 1
Preparation of
trial balance
Test 1-effects
(+-), accounts
debited,credited
CO5
LO1
Lecture
ASSIGNMENT
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
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
adjustments
and
preparation
of final
accounts
16
Preparation
balance
of
FINAL EXAM
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)
Self created
assignment
-Identify types
of book of
prime entry
only
CO6
LO1,
LO2,
LO4,
Lecture
and tutorial
Test 1 ( tested in
financial
statements
before
adjustments)
Page 5
statements and
6.4 Doubtful debts-providing statement of
for
Allowance
for financial position)
doubtful debts
LO6
Final Exam
(financial
statements with
adjustments)
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:
CO7
LO1,
LO2,
Lecture
and tutorial
Final Exam
LO6
Page 6
Debtors collection
period
Inventory turnover
ratio
7.3 Preparation
interpretation
7.4 Limitation
analysis
8
13-14
Bank
reconciliation
statement
and
of
ratio
8.1 Use
of
banking Able to prepare
facilities for safe keeping the adjusted cash
of cash (bank account).
book and bank
reconciliation
8.2 Update cash book
statement
CO8
LO1,
LO2
Lecture
and tutorial
Quiz 2
*not tested in
final exam
Exit survey
Page 7