Course Overview

Required Topics: 1.Introduction of Accounting: users and uses of accounting information, accounting principles and assumptions, accounting equations, overview of financial statements, etc. 2.Accounting cycle 3.Internal Control 4.Cash 5.Inventories 6.Receivables 7.Payroll Accounting 8.Plant assets and intangible assets 9.Liabilities 10.Time value of money 11.Provisions and contingent liabilities 12.Corporations (Equity) 13.Investments 14.Statement of cash flows 15.Financial statement analysis Optional Topics: 1.Accounting for partnerships 2.Lease liabilities 3.Subsidiary ledgers and special journals

Learning Achievement

This course is intended primarily as the fundamental of a sequence of courses for accounting and finance majors. This course equips a student to be not only a preparer of financial reporting but also an insightful user of accounting information. By taking this course, students are expected to: 1.Have solid grasp of accounting principles, techniques, and procedures, the assumptions and logic inherent in these principles and procedures, and how financial statements are assembled. 2.Understand how a company’s financial position and operating performance are measured and reported. 3.Understand the language of business and the role of accounting in business decision making and security markets. 4.Understand the ways that enterprises transact, their methods of financing and investing, and how to read and analyze financial statements, among other things. 5.Obtain some perspectives from the real world.

Competence

Course prerequisites

*Majors-only (including minor and double major students).

Grading Philosophy

Course schedule

Course type

Online Course Requirement

Instructor

Stanley Y. Chang

Other information

Department of Accounting

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