School of Business
Department of Accounting & Finance
Course Name:
Introduction to Financial Accounting
Course Code ACT 201
Semester:
INSTRUCTOR & DEPARTMENT INFORMATION
1. Instructor Name: Mokhdum Morshed (MdM)
2. Office: NAC 763
3. Office Hours: TBA
4. Office Phone: 1794
5. Email Address: mokhdum.morshed@northsouth.edu
6. Department: Department of Accounting & Finance
7. Links: North South University Website: http://www.northsouth.edu
School of Business Website: http://www.northsouth.edu/academic/sob/
Course Website:
COURSE & SECTION INFORMATION
Course MAT 112 (if required)
Prerequisite(s)
Course Credit Hours 3:0
Course Description This course focuses on the application of basic Accounting principles to undertake transaction
recording and summary functions. Topics to be covered include journalizing transactions,
setting up financial statements and undertaking basic valuation of assets.
Course Objectives 1. Understand the issues facing firms in the real world when undertaking accounting of
transactions and setting up summaries of financial health of the company
2. Learn about the sphere of the study of Accounting and approaches of general basic
Accounting practices
3. Develop an appreciation of basic accounting principles to enhance firm responsiveness
to internal and external business forces
Student Learning After the completion of the course, students will be able
Outcomes To develop a record of transactions that have been undertaken by a business
assigning values under the correct headers
To setup financial ledgers to identify a summary balance for a period
to setup financial statements for a period
To identify errors and develop correcting entries and postings
To value assets properly and assign adjustments for use & deterioration
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LEARNING RESOURCES AND TEXTBOOK(S)
Text Book(s)
Author Edition & Year Publisher ISBN
Title
Jerry J. Weygandt, Paul Accounting Principles 12th edition, Wiley 978-
D. Kimmel, Donald E. 2016. Publisher 1118342084
Kieso (Bangladesh
Reprint)
Others (Reference Books, CD ROMS, DVDs, e-Library, Internet, Articles, …)
Resource Type Description Type Comments
1. Internet Business news and Accounting Seeing Accounting issues in
information Concepts real business practices
2. Articles Discuss accounting Academic and Get a sense of Accounting
issues Trade articles theories and practices.
TEACHING STRATEGY (Online, classroom, blended, self-
directed through CD, web-based courses and DVD,…)
The class will be conducted through various activities including presentation of concepts and situations,
discussion and exchanges of ideas, student initiative and active involvement, cases reflecting real world
context, and project. Students are expected to actively involve and to take initiative for their own
learning experience.
ASSESSMENT STRATEGY AND GRADING SCHEME
Grading tool
Points
Quizzes 10
First Exam 25
Second Exam 25
Final Exam 25
Assignment 10
Attendance 5
Please Refer to NSU Student Handbook, Section: “Grading Policy”
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CLASSROOM RULES OF CONDUCT
1. You may use your laptops in the class for class related work. Do not use your laptop for non-class
related work or in any manner that will be distracting to other students or the instructor.
2. Use of cell phones in class is not permitted.
3. Students are advised to frequently refer to the Student Handbook of North South University on the
following link:
4. Academic Integrity Policy:
School of Business does not tolerate academic dishonesty by its students. At minimum, students must
not be involved in cheating, copyright infringement, submitting the same work in multiple courses,
significant collaboration with other individuals outside of sanctioned group activities, and fabrications.
Students are advised that violations of the Student Integrity Code will be treated seriously, with special
attention given to repeated offences.
Please Refer to NSU Student Handbook, Sections: “Disciplinary Actions” and “Procedures and
Guidelines”.
QUIZZES POLICY
EXAMS & MAKE UP POLICY
In order to complete the course, students must sit for the exams. Make-up exams are not given unless there is
a major circumstance preventing the student from sitting in the exam (official material evidence is required).
The timing of the make-up is to be fixed with the instructor of the course if granted.
Cell phones are prohibited in exam sessions.
You are expected to attend all quizzes. The number of and criteria by which quizzes count towards your final
grade will be at the discretion of the instructor. There will be no make up for any quiz.
ATTENDANCE POLICY
Students are required and expected to attend all classes and participate in class discussions. North South
University mandates to fail students who are absent 25% or more from their classes, even if such absences are
excusable.
Please Refer to NSU Student Handbook, Section: “Study Principles and Policies”
APPROPRIATE USE POLICY
All members of the North South University community must use electronic communications in a responsible
manner. The University may restrict the use of its computers and network systems for electronic
communications subject to violations of university policies/codes or local laws or national laws. Also, the
university reserves the right to limit access to its networks through university-owned or other computers, and
to remove or limit access to material posted on university-owned computers.
STUDENTS WITH SPECIAL NEEDS
North South University will provide educational opportunities that ensure fair, appropriate and reasonable
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accommodation to students who have disabilities/special needs that may affect their ability to participate in
course activities or meet course requirements. Students with disabilities are encouraged to contact their
instructors to ensure that their needs are met. The University through its Special Need section will exert all
efforts to accommodate special needs.
Please contact administrative services for support in this regard.
Please Refer to NSU Student Handbook, Section: “Special Needs Services”
STUDENTS SUPPORT AND LEARNING RESOURCES
A. SOB-Learning Center:
B. The University Student Learning Support Center (SLSC): These centers provide academic support services
to students at NSU. The SLSC is a supportive environment where students can seek assistance with
academic coursework, writing assignments, transitioning to college academic life, and other academic
issues. SLSC programs include: Peer Tutoring, the Writing Lab, Writing Workshops, and Academic Success
Workshops. Students may also seek confidential academic counseling from the professional staff at the
Center.
Students Learning & Support Center (SLSC)
Please contact administrative services, library and the department for support in this regard.
STUDENTS COMPLAINTS POLICY
Students at North South University have the right to pursue complaints related to faculty, staff, and other
students. The nature of the complaints may be either academic or non-academic. For more information about
the policy and processes related to this policy, you may refer to the students’ handbook.
Please Refer to NSU Student Handbook, Section: “Student Leaning Support Center”
COURSE CONTENTS & SCHEDULE
No
Topic Lecture/week
1. Accounting in Action (Ch. 1) 1st week (Lec 1 2 & 3)
2. The Accounting Process (Ch. 2) 2nd week (Lec 4 & 5)
3. Adjusting The Accounts (Ch. 3) 3rd week (Lec 6 & 7)
4. Review and Mid 1 Exam (Lec 8)
5. Completion of the Accounting Cycle 4th week (Lec 9 & 10)
(Ch. 4)
6. Accounting for Merchandising Operations 6th week (Lec 11, 12 & 13)
(Ch. 5)
7. Inventories (Ch. 6)) 7th week (Lec 14 & 15)
8. Review and Mid 2 Exam 8th week (Lec 16)
9. Internal Control and cash: Bank 9th week (Lec 17)
Reconciliation (Ch. 8)
10. Plant Assets, Natural Resources and 10th week (Lec 18,19 & 20)
Intangibles (Ch. 10)
11. Statement of Cash Flows: Indirect Method 11th week (Lec 21 & 22)
(Ch. 17)
12. Financial Statement Analysis (Ch. 18) & 12th week (Lec 23 & 24)
Final Review
13. Final Exam TBA
Note: The instructor reserves the right to make changes to the syllabus if necessary.
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