Hailey College of Banking &Finance

University of the Punjab

Lahore


Assignments (15 marks) 2009
Program
MBA (Banking
& Finance)
Course
Instructor
Prof. Mr. Muhammad Idrees
Year/Semester 2009-
2011/First
E-mail
idrees@puhcbf.edu.pk
Name Of the
Course
Financial Accounting (MBF 522)
Credit Hours Three (3)
Pre Requisites None
Follow Up Next Semester for higher Course
Category Core Course
Aims & Objectives Develop an understanding of different concepts of Financial
Accounting and their application in the enterprise for sound
management.
Teaching
Methodology
Lectures
Discussion
Handouts
Assignments
Projects and Term Papers
Reading Assignments
Classroom Presentations

Syllabus (Weekly Scheme) Before Mid-Term Examination
Week 1- Week 2 Overview: Accounting concepts, conventions and principles; Accounting
Equation, International Accounting principles and standards; Objectives of
Accounting, Matching of Pakistani Accounting Standards with International
Accounting Standards.

Week 3 Week 8 Mechanics of Accounting: Double entry system of accounting, journalizing
of transactions; ledger posting and trial balance ,preparation of final
accounts, Profit & Loss Account, Profit & Loss Appropriation account and
Balance Sheet, Policies related with depreciation, inventory and intangible
assets like copyright, trademark, patents and goodwill.

Week 9 Mid-Term Exam (35%)
Week 10 Week 13 Analysis of financial statement: Ratio Analysis- solvency ratios, profitability
ratios, activity ratios, liquidity ratios, market capitalization ratios; Common
Size Statement; Comparative Balance Sheet and Trend Analysis of
Welcome to our Programme
Course Outline
manufacturing, service & banking organizations.
Week 14-17 Funds Flow Statement: Meaning, Concept of Gross and Net Working
Capital, Preparation of Schedule of Changes in Working Capital,
Preparation of Funds Flow Statement and its analysis, Cash Flow
Statement: Various cash and non-cash transactions, flow of cash,
difference between cash flow and fund flow, Simple preparation of Cash
Flow Statement and its analysis.

Week 18 Final Exam (40%)

Subject Assessment Criteria
Summary
Forms of
Assessment
Weighting Content Due Date
Mid-Term 35% Week 1 Week 8 Week 9
Assignment 15% Understanding and
application of
Accounting Concepts
week 1-week 11
Preparation of
assignment started
from Week 3
rd.

Week 12 Submission
Presentation 10% Topic Decided
During Lecture With
Consultation
Upon Discretion of
lecturer
Final Exam 40% Week 10 Week 17 Week 18

Suggested Readings:
1) Sohail Ahmad - Financial Accounting: A Managerial Perspective (Prentice Hall, 4th
Edition)
2) Asad Ejaz - Financial Accounting: A Managerial Perspective (PHI, 2nd Edition).