Financial Accounting
Financial Accounting
1. Objectives of the Course
1.1 Students will learn, analyse, and will understand concepts and theories of accounting and their applications
1.2 Students will know how to apply theories and concepts to problems solving
1.3 Students will know how to solve case studies and know how to learn from accounting principles
1.1 Students will learn, analyse, and will understand concepts and theories of accounting and their applications
1.2 Students will know how to apply theories and concepts to problems solving
1.3 Students will know how to solve case studies and know how to learn from accounting principles
2. Reasons for Course Development/Modification
2.1 Students will learn better to solving financial accounting problems
2.2 Students will responsible more for their works
2.3 Students will know how to seek and search for information, for do assignments.
2.1 Students will learn better to solving financial accounting problems
2.2 Students will responsible more for their works
2.3 Students will know how to seek and search for information, for do assignments.
1. Course Description
Importance of accounting to various types of business; general principles of accounting and accounting cycle; preparation of financial statements for service business, merchandising business, and manufacturing business; accounting for cash, account receivables, note receivables, inventories, investments, property plant and equipment, liabilities, and owners’ equity
Importance of accounting to various types of business; general principles of accounting and accounting cycle; preparation of financial statements for service business, merchandising business, and manufacturing business; accounting for cash, account receivables, note receivables, inventories, investments, property plant and equipment, liabilities, and owners’ equity
3. Number of hours provided for academic advice and guidance to students
- The faculty member provides academic advice and guidance to students (Individual/group) 4 hours/week.
- The faculty member announces the advising schedule by announcing and notification in class and posting to LINE subject group
- The faculty member provides academic advice and guidance to students (Individual/group) 4 hours/week.
- The faculty member announces the advising schedule by announcing and notification in class and posting to LINE subject group
1.1 Ethics
1.1.1 Understanding of morals and business financial accounting professionalism, recognize their social responsibility of accounting , the value of morals, sacrifice, non-exploitation of others, honesty to themselves and others in dealing with accounting problems
1.1.2 Learning to have self-sufficiency, diligence, perseverance, discipline, punctualities, responsibility for themselves, society, and profession
1.1.3 Following rules and regulations of the school, organization, and society
1.1.1 Understanding of morals and business financial accounting professionalism, recognize their social responsibility of accounting , the value of morals, sacrifice, non-exploitation of others, honesty to themselves and others in dealing with accounting problems
1.1.2 Learning to have self-sufficiency, diligence, perseverance, discipline, punctualities, responsibility for themselves, society, and profession
1.1.3 Following rules and regulations of the school, organization, and society
1.2 Teaching strategies for developing ethics
Contribution to school from student’s performance: students can express their ethical behavior, such as their discipline, responsibility by attending class on time, and wearing university uniform properly. Moreover, students should be a responsible person as well as being a good team member. Showing honesty by avoiding copying, plagiarizing others’ work, etc. Lecturers should be concerned and expressed about morals and ethics by adopting morals and ethical activities, such as promoting a good model for students and promoting those who self-sacrifice. Case studies can be shown.
Contribution to school from student’s performance: students can express their ethical behavior, such as their discipline, responsibility by attending class on time, and wearing university uniform properly. Moreover, students should be a responsible person as well as being a good team member. Showing honesty by avoiding copying, plagiarizing others’ work, etc. Lecturers should be concerned and expressed about morals and ethics by adopting morals and ethical activities, such as promoting a good model for students and promoting those who self-sacrifice. Case studies can be shown.
1.3 Assessment strategies for students’ ethics
1.3.1 Evaluate students’ punctuality, submission of assignments on time, and students’ participation.
1.3.2 Evaluate their self-sacrifice and willingness to participate in activities.
1.3.3 Determine the number of frauds, (if any) in examinations.
1.3.4 Evaluate students’ responsibilities toward assignments and commitments.
1.3.1 Evaluate students’ punctuality, submission of assignments on time, and students’ participation.
1.3.2 Evaluate their self-sacrifice and willingness to participate in activities.
1.3.3 Determine the number of frauds, (if any) in examinations.
1.3.4 Evaluate students’ responsibilities toward assignments and commitments.
2.1 Learning outcome for knowledge
2.1.1 Have knowledge about accounting principles, theories and practices in the area of the course; can appropriately integrate the knowledge of accounting with other knowledge involved such as finance and management, and can continually develop their knowledge by utilizing their academic skills and experience.
2.1.2 Having knowledge and understanding the essence of relevant knowledge; apply knowledge and skills in financial accounting via case problems analysis; understand and be able to explain requirements related to the field of study, including application of knowledge and skills in order to choose the right tools to solve problems and issues in daily life.
2.1.3 Have knowledge and understand the essence of accounting in planning, operation, control and operational performance; able to improve plans and methods in response to changing situations.
2.1.4 Have knowledge about academic progress and business accounting career, including an understanding of changing situations and their impacts.
2.1.1 Have knowledge about accounting principles, theories and practices in the area of the course; can appropriately integrate the knowledge of accounting with other knowledge involved such as finance and management, and can continually develop their knowledge by utilizing their academic skills and experience.
2.1.2 Having knowledge and understanding the essence of relevant knowledge; apply knowledge and skills in financial accounting via case problems analysis; understand and be able to explain requirements related to the field of study, including application of knowledge and skills in order to choose the right tools to solve problems and issues in daily life.
2.1.3 Have knowledge and understand the essence of accounting in planning, operation, control and operational performance; able to improve plans and methods in response to changing situations.
2.1.4 Have knowledge about academic progress and business accounting career, including an understanding of changing situations and their impacts.
2.2 Teaching strategies for developing student knowledge
2.2.1 Uses of variety of teaching formats and information that differentiate the content of courses by focusing on theoretical and practical knowledge from business organizations to achieve the body of knowledge.
2.2.2 Student centered activities are provided in learning and assignments.
2.2.3 Assign financial accounting cases, assignments and presentation in the class.
2.2.1 Uses of variety of teaching formats and information that differentiate the content of courses by focusing on theoretical and practical knowledge from business organizations to achieve the body of knowledge.
2.2.2 Student centered activities are provided in learning and assignments.
2.2.3 Assign financial accounting cases, assignments and presentation in the class.
2.3 Assessment strategies for students’ knowledge
2.3.1 Topic cases and assignments.
2.3.2 The mid-term and final tests
2.3.3 Assessment of reports done by students
2.3.4 Assessment of business search – corporate profile, accounting and financial information
2.3.5 Assessment of report presentation in class
2.3.1 Topic cases and assignments.
2.3.2 The mid-term and final tests
2.3.3 Assessment of reports done by students
2.3.4 Assessment of business search – corporate profile, accounting and financial information
2.3.5 Assessment of report presentation in class
3.1 Learning Outcome for Intellectual skills
3.1.1 Able to search, interpret, analyze data, and evaluate information from multiple sources in order to creatively solve problems according to the business environment and making appropriate decisions on their own.
3.1.2 Able to suggest alternatives and outcomes using multiple approaches; able to make choices that are consistent with the situation, and which in turn can build business competitive advantages.
3.1.3 Have critical and systematic thinking, are creative and logical; can integrate knowledge from studies and experience to solve business financial accounting problems and general situations.
3.1.1 Able to search, interpret, analyze data, and evaluate information from multiple sources in order to creatively solve problems according to the business environment and making appropriate decisions on their own.
3.1.2 Able to suggest alternatives and outcomes using multiple approaches; able to make choices that are consistent with the situation, and which in turn can build business competitive advantages.
3.1.3 Have critical and systematic thinking, are creative and logical; can integrate knowledge from studies and experience to solve business financial accounting problems and general situations.
3.2 Teaching strategies for developing Intellectual skills
3.2.1 Case studies that apply the theory of financial accounting management.
3.2.2 Utilize cognitive skills, analysis and synthesis.
3.2.3 Provide students with learning situations based on practical, real life problems.
3.2.1 Case studies that apply the theory of financial accounting management.
3.2.2 Utilize cognitive skills, analysis and synthesis.
3.2.3 Provide students with learning situations based on practical, real life problems.
3.3 Assessment strategies for students’ Intellectual skills
3.3.1 Ability to analyze a case and provide well-reasoned solutions.
3.3.2 Ability to analyze and synthesize material from different sources to provide a coherent outcome.
3.3.3 Ability to present and/or defend problem solution through written or oral assessment.
3.3.1 Ability to analyze a case and provide well-reasoned solutions.
3.3.2 Ability to analyze and synthesize material from different sources to provide a coherent outcome.
3.3.3 Ability to present and/or defend problem solution through written or oral assessment.
4.1 Learning outcome for Interpersonal relationship and responsibility
4.1.1 Have leadership and followership within a team; have responsibility; listen and
accept idea of others; able to resolve conflict appropriately and adopt a professional attitude
4.1.2 Show ability in proposing initial ideas, comment on different views, new ideas, and advance ideas to support their team; can use their knowledge to solve their team’s problem in financial accounting issues appropriately
4.1.3 Have responsibility to both develop their own learning and to continue in their career.
4.1.1 Have leadership and followership within a team; have responsibility; listen and
accept idea of others; able to resolve conflict appropriately and adopt a professional attitude
4.1.2 Show ability in proposing initial ideas, comment on different views, new ideas, and advance ideas to support their team; can use their knowledge to solve their team’s problem in financial accounting issues appropriately
4.1.3 Have responsibility to both develop their own learning and to continue in their career.
4.2 Teaching strategies for developing interpersonal skills and responsibility
4.2.1 Assign tasks that require contact and coordination with others.
4.2.2 Assign tasks that require interpersonal skills.
4.2.3 Assign tasks that require brainstorming and working together.
4.2.4 Provide activities to enhance their personal interaction.
4.2.1 Assign tasks that require contact and coordination with others.
4.2.2 Assign tasks that require interpersonal skills.
4.2.3 Assign tasks that require brainstorming and working together.
4.2.4 Provide activities to enhance their personal interaction.
4.3 Assessment strategies for students’ interpersonal skills and responsibilities
4.3.1 Assessment of the students’ behavior in group activities.
4.3.2 Assessment of the results of both an individual student and groups.
4.3.3 Assess student ability to communicate in a variety of situations.
4.3.1 Assessment of the students’ behavior in group activities.
4.3.2 Assessment of the results of both an individual student and groups.
4.3.3 Assess student ability to communicate in a variety of situations.
5.1 Learning outcome on numerical skills, communication and information technology skills
5.1.1 Have ability to apply mathematics, statistics, and qualitative analysis for solving business financial accounting decision and daily life.
5.1.2 Have ability to communicate, explain, and promote understanding by using media techniques, methodology, communication tools and technology in the right way for both written and oral presentation efficiently and creatively.
5.1.3 Have ability to communicate effectively in English language as is necessary in business world now a day.
5.1.4 Able to use information technology appropriately in bringing data.
5.1.1 Have ability to apply mathematics, statistics, and qualitative analysis for solving business financial accounting decision and daily life.
5.1.2 Have ability to communicate, explain, and promote understanding by using media techniques, methodology, communication tools and technology in the right way for both written and oral presentation efficiently and creatively.
5.1.3 Have ability to communicate effectively in English language as is necessary in business world now a day.
5.1.4 Able to use information technology appropriately in bringing data.
5.2 Teaching strategies for developing numerical skills, communication and information technology skills
5.2.1 Assign case and assignment activities for students to analyze simulations or scenarios and present appropriate solutions.
5.2.2 Provide activities for students to learn technical applications, data analysis for decision making in different situations different business markets.
5.2.3 Provide opportunity to work with information communication technology such as inquiry information from markets.
5.2.1 Assign case and assignment activities for students to analyze simulations or scenarios and present appropriate solutions.
5.2.2 Provide activities for students to learn technical applications, data analysis for decision making in different situations different business markets.
5.2.3 Provide opportunity to work with information communication technology such as inquiry information from markets.
5.3 Assessment strategies for students’ numerical skills, communication and information technology skills
5.3.1 Assessment of students’ outcomes/activities relating to numerical analysis.
5.3.2 Assessment of the individual student’s searching and using information technology.
5.3.3 Assessment of students’ communicative skills and presentation in class
5.3.1 Assessment of students’ outcomes/activities relating to numerical analysis.
5.3.2 Assessment of the individual student’s searching and using information technology.
5.3.3 Assessment of students’ communicative skills and presentation in class
| กิจกรรมที่ | ผลการเรียนรู้ * | วิธีการประเมินผลนักศึกษา | สัปดาห์ที่ประเมิน | สัดส่วนของการประเมินผล |
|---|---|---|---|---|
| 1 | Student learn how to do cases assignment and report paper | Cases & assignments | all | 20% |
| 2 | Student learn how to do cases assignment and report paper | Report and Paper | all | 10% |
| 3 | Student learn to express in class, coming to class on time | Class Attendance | all | 10% |
| 4 | Student learn to express in class, coming to class on time | Communication/Participation | all | 10% |
| 5 | Course evaluation | Mid-term Exam | 25% | |
| 6 | Course evaluation | Final Exam | 25% |
1. Books and Textbooks
1. Jan R. Williams, Susan F. Haka, Mark S. Bettner, and Joseph V. Carcello (2010). Financial Accounting. 14th edition. McGraw – Hill International Edition. New York, USA.
2. J. David Spiceland, Wayne Thomas, and Don Herrmann (2011). Financial Accounting. 2nd edition. McGraw – Hill International Edition. New York, USA.
3. Maryanne M. Mowen, Don R. Hansen, and Dan L. Heitger (2009). Cornerstones of Managerial Accounting. 3rd edition, South-Western Cengage Learning. New York, USA.
1. Jan R. Williams, Susan F. Haka, Mark S. Bettner, and Joseph V. Carcello (2010). Financial Accounting. 14th edition. McGraw – Hill International Edition. New York, USA.
2. J. David Spiceland, Wayne Thomas, and Don Herrmann (2011). Financial Accounting. 2nd edition. McGraw – Hill International Edition. New York, USA.
3. Maryanne M. Mowen, Don R. Hansen, and Dan L. Heitger (2009). Cornerstones of Managerial Accounting. 3rd edition, South-Western Cengage Learning. New York, USA.
2. Documents and Information
Internet search, corporate profiles, market information
Internet search, corporate profiles, market information
3. Documents and Recommend Information
Company information and hand outs
Company information and hand outs
1. Evaluation Strategies for Course Effectiveness by Students
1.1 student evaluations,
1.2 feedback from course and comments from class meeting
1.1 student evaluations,
1.2 feedback from course and comments from class meeting
2. Teaching Evaluation Strategies
2.1 student assignments checks
2.2 observation and credit of student participation in class
2.1 student assignments checks
2.2 observation and credit of student participation in class
3. Teaching Improvement
3.1 seminars and meetings of staffs
3.2 discussion among colleagues
3.3 library and internet search for new information
3.1 seminars and meetings of staffs
3.2 discussion among colleagues
3.3 library and internet search for new information
4. Verification of Students Achievements in the Course
4.1. effectiveness of student activities
4.2. contributions during class discussions
4.3. student feedback
4.4. formal assessment
4.1. effectiveness of student activities
4.2. contributions during class discussions
4.3. student feedback
4.4. formal assessment
5. Course Review and Improvement Plan for the Course Effectiveness
5.1. enhance practical components through market and corporate websites
5.2 improve teaching strategies by reviewing practices at other institutions
5.3. revise program to reflect latest developments in business financial accounting problem solving
5.1. enhance practical components through market and corporate websites
5.2 improve teaching strategies by reviewing practices at other institutions
5.3. revise program to reflect latest developments in business financial accounting problem solving