UNIVERSITI TEKNOLOGI MARA CAWANGAN MELAKA

KAMPUS JASIN

LESSON PLAN

SEMESTER SEP 2019 - JAN 2020

SUBJECT : INTERMEDIATE FINANCIAL ACCOUNTING AND REPORTING

CODE : ACC 406
CREDIT HOURS : 3
CONTACT HOURS : 3
PREREQUISITE : NONE
LECTURER : NURFARAHIN ROSLAN
TELEPHONE NO. : 010-2478846
EMAIL : nurfarahin126@melaka.uitm.edu.my / nurfarahin1310@gmail.com
ROOM : BLOK C (ROOM NO 42) KAMPUS JASIN

Week Topics Hours Levels Ref

1 Introduction to Accounting 3 1,2
 Definition of accounting
 Differentiate between accounting and bookkeeping
 Functions of financial statements
 Main user groups of financial statements
 Accounting cycle
 Various forms of business (sole trader of
merchandising and service enterprise, partnership and
private & public companies)

1 Introduction to Concepts and Conventions of 3 1,2,3

Accounting
 Business Entity Concept
 Going Concern Concept
 Monetary/Money Measurement Concept
 Accrual-based Accounting
 Comparability Concept
 Consistency Concept
 Neutrality Concept
 Materiality Concept

1 Accounting Equation and 6 1,2,3

Accounting Classification
 Statement of financial position format and the
classification of items in it
 Basic accounting equation
 Effects of transactions on the basic accounting
equation
 Expanded accounting equation
 Effects of transactions on the expanded accounting
equation

1
2-3 Principles of Double Entry and Trial Balance 6 1,2,3
 Double entry rules
 Ledger entries
 Balancing of ledger accounts
 Trial Balance (pre-adjusted only)
 Final accounts without adjustment

2-3 Books of Prime Entry 3 1,2,3

 Introduction to source documents
 Types of journal
- Sales journal
- Purchases journal
- Return inwards journal
- Return outwards journal
- Cash Receipts Journal
- Cash Payments journal
- General journal
 Types of ledger
- Sales ledger
- Purchases ledger
- General ledger
 Recording process from source documents to journals
and posting to ledger
 Preparation of Trial Balance

#STUDENTS CAN START WITH GROUP PROJECTS

4-6 Balance Day Adjustment and Preparation of Final 12 1,2,3

Accounts
 Adjustments of accrual and prepayments
 Bad debts and bad debts recovered
 Doubtful debts and Allowance for doubtful debts
 Capital Expenditure and Revenue Expenditure
 Depreciation of non-current assets based on MFRS
116
 Preparation of final accounts with adjustments using
vertical format

7 Accounting for Partnership 6 1,2,3

 Definition of partnership
 Formation and types of partners
 Introduction to partnership accounts
 Formation of partnership
 Characteristics of partnership
 Partner’s capital and current accounts
 Preparation of final accounts: Statement of
Comprehensive Income, Appropriation Account and
Statement of Financial Position
 Simple changes in partnership

Assessment:
1) Continuous Assessment
 Test 15%
 Final Project – Simulation (Week 7) 15%
 Group Project – Fieldtrip (Week 7) 20% 50%

2) Final Examination 50%

Total 100%

2
References:

 Amla A, Fatimah A.R and Radziah M, Financial Accounting for Non-Accounting Students, Mc Graw
Hill 2011 (latest edition).
 Roshayani Arshad et al, Financial Accounting, latest edition, ISBN: 9789833850921.
 Leong A & Wong S V, Business Accounting, 3rd edition, Prentice Hall, 2010.
 Wood F, Business Accounting, Volume 1, 10th Edition, Prentice Hall, 2005.