Bangladesh University of Business and Technology (BUBT)

(Outcome-Based Curriculum)
Faculty of Business and Social Science
Program: BBA
Course Outline
Part A
1. Course Code : ACC 1101 (BNQF Code: 041102)
2. Course Title : Principles of Accounting
3. Course Type : Compulsory
4. Year/Semester : First Year, Semester-2
5. Academic Session : Spring, 2025

6. Course Teacher’s Information

▪ Name and Code : Jannatul Ferdousy Supty (JFS)
▪ Designation : Lecturer
▪ Department : Department of Accounting
▪ Contact Details : Cell Phone: 01771567125, Email: suptyjannat@bubt.edu.bd
▪ Room Number : Building 04, Room No. 501

7. Pre requisite (If any) : None

8. Credit Value : 3.00 Credit Hours
9. Contact Hours : Class Hours = 17 Weeks = (34 Classes x 1.25 Hours per class) = 42.5 Hours
Counseling Hours = 17 Weeks x 2 Hours per week = 34 Hours
*For optimum utilization of physical resources, the duration of our
class weeks are 17 weeks.
10. Total Marks : 100
 11. Class Schedule and Counseling Hours

Intake Section Class Schedule Counseling Hours

Room Room
Day Time Day Time
No. No.
8
Sunday 02:45 pm to 4:00 pm B4-805 Sunday 09:15 am to 10:30 am B4-501
Tuesday 11:45 am to 01:00 pm B4-405 Tuesday 09:15 am to 10:30 am B4-501
9 Sunday 10:30 am to 11:45 am B4-703 Sunday 01:30 pm to 2:45 pm B4-501
Wednesday 5:15 pm to 06:30 pm B4-704 Wednesday 02:45 pm to 4:00 pm B4-501
63
10 Tuesday 10:30 am to 11:45 am B4-703 Tuesday 02:45 pm to 4:00 pm B4-501
Thursday 1:30 am to 2:45 pm B4-703 Thursday 10:30 am to 11:45 am B4-501
11 Monday 09:15 am to 10:30 am B4-904 Monday 10:30 am to 11:45 am B4-501
Tuesday 01:30 pm to 2:45 pm B4-405 Tuesday 4:00 pm to 5:15 pm B4-501
13 Wednesday 4:00 pm to 5:15 pm B4-904 Wednesday 11:45 am to 01:00 pm B4-501
Thursday 8:00 am to 9:15 am B4-801 Thursday 02:45 pm to 4:00 pm B4-501

12. Rationale of the Course:

Accounting is very often referred to as the language of business. With the increased application of
accounting information in decision making, there developed specific specialization within the
subject. The traditional financial accounting has been used to address the needs of external users
as also the statutory requirements of disclosure, while a newly developed branch namely, cost and
management accounting focuses on satisfying the data and information requirements of internal
users for decision making. In this course we shall find a selection of topics taken from both these
branches of accounting which are very much relevant for a BBA student. Particularly students who
do not desire to specialize in the discipline of accounting but still require an overall knowledge of
the subject in its totality will benefit much from this course. A very good knowledge and skill in
the use of tools and techniques of accounting is a prerequisite for becoming a good executive in
any organization.

13. Course Objectives (CO):

CO1: To define bookkeeping and accounting;
CO2: To introduce students with the process of accounting which emphasizes on the
recording, classification, analysis and summarization of business transactions;
CO3: To teach preparation of income statements and the balance sheet;
CO4: To teach preparation of final accounts reflecting the performance as well as
financial position of an entity;
 CO5: To teach all the steps of Accounting Cycle;
CO6: To learn about accounting for merchandising operations;
CO7: To learn about accounting for inventories;
CO8: To know the structure of accounting information systems;
CO9: To learn about fraud, internal control and cash;
CO10: To understand the accounting for receivables;

14. Course Learning Outcomes (CLOs):

After completing the course, students will be able:
CLO1: To define bookkeeping and accounting
CLO2: To explain the general purposes and functions of accounting
CLO3: To explain the differences between management and financial accounting
CLO4: To describe the main elements of financial accounting information – assets,
liabilities, revenue and expenses
CLO5: To identify the main financial statements and their purposes.

Program Learning Outcomes (PLOs):

1 PLO1 Apply knowledge of administrative and behavioral principles to solve
managerial problems in real world situation.
2 PLO2 Able to work in a digital environment.
3 PLO3 Able to think critically and use analytical methods to handle a situation.
4 PLO4 Able to play a leading role in a team of executives.
5 PLO5 Able to appear at different professional examinations.
6 PLO6 Able to maintain high ethical level in day to day activities in any business
concern.
7 PLO7 Able to identify research problems, write research proposals, execute the
research plan and write research reports.

Mapping of Course Learning Outcomes (CLOs) with the Program Learning Outcomes
(PLOs):

Course Learning Outcomes PLO PLO PLO PLO PLO PLO PLO
(CLOs) 1 2 3 4 5 6 7
CLO1: To define bookkeeping ✔ ✔
and accounting
CLO2: To explain the general ✔ ✔ ✔ ✔ ✔
purposes and functions of
accounting
CLO3: To explain the differences ✔ ✔ ✔
between management and
 financial accounting
CLO4: To describe the main ✔ ✔ ✔ ✔
elements of financial accounting
information – assets, liabilities,
revenue and expenses
CLO5: To identify the main ✔ ✔ ✔ ✔ ✔
financial statements and their
purposes.

Part B
15. Course plan specifying contents, CLOs, teaching-learning and assessment strategy with
corresponding CLOs:
Week Topic Teaching Assessment Corresponding
Learning Strategy CLOs
Strategy
1. Accounting: An Introduction: Classroom Class Test CLO1
Week 01 Meaning of Accounting and uses of Lecture and Midterm CLO3
accounting data. Brief History of home
assignment
Accounting. Distinction between
bookkeeping and accounting. Accounting
and the reader. The Accounting Profession.
The Building Blocks of Accounting: Ethics
– A fundamental business concept.
Generally Accepted Accounting Principles Classroom Class Test CLO1
(GAAP). Assumptions. Basic Accounting Lecture and Midterm CLO3
Equation. Transaction Analysis. Summary home
assignment
of Transactions. Financial Statements:
Income Statement – Owner's Equity
Statement – Balance Sheet – Statement of
Cash Flows.

Week 02 2. The Recording Process: Classroom Class Test, CLO2

The Account. Debits and Credits. Lecture and Assignment
Expansion of Basic Equation. Steps in the Group Midterm
Discussion
Recording Process. The Journal. The
Ledger. The Recording Process Illustrated:
Journalizing and Posting.

The Trial Balance. Limitations of a Trial Classroom Class Test, CLO2

Balance. Locating Errors. The Recording Lecture and Assignment
Process Illustrated: Journalizing and Group Midterm
Posting. Preparation of a Trial Balance. Discussion
Week 03 3. Adjusting the Accounts: Classroom Class Test, CLO2
Timing Issues, Selecting an Accounting Lecture and Assignment
Time Period. Fiscal and Calendar Years. Group Midterm
Discussion
Accrual vs. Cash Basis Accounting.
Recognizing Revenues and Expenses. The
Basics of Adjusting Entries: Types of
Adjusting Entries. Adjusting Entries for
Prepayments.
Adjusting Entries for Accruals. Summary Classroom Class Test, CLO2
of Basic Relationships. The Adjusted Trial Lecture and Assignment
Balance and Financial Statements: Group Midterm
Discussion
Preparing the Adjusted Trial Balance.
Preparation of Financial Statements.

Week 04 4. Completion of the Accounting Cycle Classroom Class Test, CLO4

Completion of the Accounting Cycle: Lecture and Assignment CLO5
Using a Worksheet. Steps in the Group Midterm
Preparation of a Work sheet. Discussion
Group
Practice
Preparing Financial Statements from a Classroom Class Test, CLO4
Work sheet. Preparing Adjusting Entries Lecture and Assignment CLO5
from a Worksheet. Group Midterm
Discussion
Group
Practice
Week 05 Closing the Books: Preparing Closing Classroom Class Test, CLO4
Entries. Posting Closing Entries. Lecture and Assignment
Preparing a Post-closing Trial Balance. Group Midterm
Discussion
Group
Practice
Classified Balance Sheet. Forms of Classroom Class Test, CLO5
Financial Statements: Multiple Step Lecture and Assignment
Income Statement. Single Step Income Group Midterm
Discussion
Statement.
Group
Practice
Week 06 Class Test 01

5. Accounting for Merchandising Classroom Class Test, CLO2

Operations Lecture and Assignment
Documents and Terms used in Buying and Group Midterm
Discussion
Selling of Inventories.
Types of Inventory Accounting.
Differences in Methods of Recording.
Week 07 Record Sales under a Perpetual Inventory Classroom Class Test, CLO2
System. Sales Returns and Allowances. Lecture and Assignment
Sales Discounts. Recording Purchases and Group Midterm
Sales under a Periodic Inventory System. Discussion
Interactive CLO1
Discussion CLO2
Revision Class CLO3
CLO4
CLO5
Mid-Term (Feb 22- Mar 07)
Week 08 Apply the Steps in the Accounting Cycle to Classroom Class Test, CLO2
a Merchandising Company. Compare a Lecture and Assignment
Multiple-Step with a Single-Step Income Group Final Exam
Discussion
Statement in a Merchandising Company.

6. Inventories Classroom Class Test, CLO2

Inventories Classification and Lecture and Assignment
Determination of Inventory. Inventory Group Final Exam
Cost Flow methods and their Financial Discussion
Effects. Inventory Cost Flow Methods to
Perpetual Inventory Records.
Week 09 FIFO, LIFO and Average Cost. Methods of Classroom Class Test, CLO2
Estimating Inventories. Effects of Lecture and Assignment
Inventory Errors on the Financial Group Final Exam
Statements. Discussion
Statement Presentation and Analysis of Classroom Class Test, CLO2
Inventory. Preparation of Comparative Lecture and Assignment
Income Statement for different Cost Flow Group Final Exam
Discussion
Methods Used in Accounting.
Week 10 7. Accounting Information Systems Classroom Class Test, CLO4
Accounting Information Systems: Basic Lecture and Assignment
Concepts of AIS, Computerized Group Final Exam
Discussion
Accounting Systems, Manual Accounting
System, and Subsidiary Ledger.

Sales Journal, Cash Receipts Journal, Classroom Class Test, CLO4

Lecture and Assignment
Group Final Exam
Discussion
Week 11 Purchases Journal, Cash Payments journal, Classroom Class Test, CLO4
Effects of Special Journals on the General Lecture and Assignment
Journal. Group Final Exam
Discussion
8. Fraud, Internal Control and Cash Classroom Class Test, CLO4
Fraud, Internal Control and Cash: Lecture and Assignment
Principles of Internal Control Activities, Group Final Exam
Discussion
Limitations of Internal Control,
Week 12 Cash Receipts, Disbursements and Petty Classroom Class Test, CLO4
Cash. Bank Reconciliation statement. Lecture and Assignment
Group Final Exam
Discussion
9. Accounting for Receivables Classroom Class Test, CLO4
Types of Receivables, Recognizing Lecture and Assignment
Accounts Receivables, Valuing Accounts Group Final Exam
Discussion
Receivables, Disposing of Accounts
Receivables.
Week 13 Computing Interest, Notes Receivables, Classroom Class Test, CLO4
Valuation and Disposition of Notes Lecture and Assignment
Receivables, Statement Presentation and Group Final Exam
Discussion
Analysis.

Class Test 02
Week 14 10. Financial Statement Analysis Classroom CLO5
Financial Statement Analysis. Basics of Lecture and Class Test,
Financial Statement Analysis. Need for Group Assignment
Discussion Final Exam
Comparative Analysis. Tools of Analysis.
Group
Horizontal Analysis. Practice
Balance Sheet, Income Statement and Classroom CLO5
Retained Earnings Statement. Vertical Lecture and Class Test,
Analysis. Balance Sheet and income Group Assignment
Discussion Final Exam
Statement. Ratio Analysis. Liquidity
Group
Ratios, Profitability Ratios Practice
Week 15 Solvency Ratios. Summary of Ratios. Classroom Class Test, CLO4
Earning Power and Irregular Items. Lecture and Assignment
Discontinued Operations. Extraordinary Group Final Exam
Items. Discussion
Changes in Accounting Principle. Classroom CLO5
Comprehensive Income. Quality of Lecture and Class Test,
Earnings. Alternative Accounting Group Assignment
Methods. Pro Forma Income. Improper Discussion Final Exam
Recognition. Group
Practice
Week 16 Revision Class Interactive CLO1
Discussion CLO2
CLO3
CLO4
CLO5
Week 17 Presentation Assignment CLO1
CLO2
Brainstorming session CLO3
CLO4
CLO5
 Semester Final Examination (26 May-6 June)
Result to be Published: 27 June
Note: The above Coverage of Course and the Segregated Schedules are tentative and may change at the
discretion of the Course Teacher.

Part C
16. Assessment and Evaluation:
a) Assessment Strategy:
Course Learning Outcomes (CLOs) Teaching-Learning Assessment
Strategy Strategy
CLO1: To define bookkeeping and accounting Classroom Lecture Class Test
and home assignment
CLO2: To explain the general purposes and Classroom Lecture Class Test,
functions of accounting and Group Assignment
Discussion
CLO3: To explain the differences between Classroom Lecture Class Test,
management and financial accounting Midterm Exam
CLO4: To describe the main elements of Classroom Lecture Class Test,
financial accounting information – assets, and Group Assignment
Discussion
liabilities, revenue and expenses
CLO5: To identify the main financial Classroom Lecture Class Test, Group
statements and their purposes. and Group Assignment,
Discussion and Semester Final
Group Practice Exam

b) Marks Distribution:
The Evaluation of each course in BUBT is made on 100 marks and the distribution of weightage is given
below:
i. Attendance* 5% Continuous Assessment
ii Class Tests 15% Continuous Assessment
Iii Assignment/Presentation/Lab/Project 10% Continuous Assessment
Iv Mid Term Exam (Middle of the Semester) 30% Summative Assessment
v Final Exam (End of the Semester) 40% Summative Assessment
TOTAL: 100% Continuous + Summative

*Attendance Mark is allocated as follows:

Percentage of Attendance Marks
70 – 75 1
76 – 80 2
81 – 85 3
86 – 90 4
91-100 5

c) Grading Policy:
Grading of students in the course will be done as per BUBT policy shown in the following table –
Marks obtained (out of 100) Letter Grade Grade Point (4.00 scale)
80 – 100 A+ 4.00
75 – 79 A 3.75
 70 – 74 A- 3.50
65 – 69 B+ 3.25
60 – 64 B 3.00
55 – 59 B- 2.75
50 – 54 C+ 2.50
45 – 49 C 2.25
40 – 44 D 2.00
Below 40 F 0.00
Note: Other Grades are as per the policy of BBA program, enumerated in the detailed rules to be found in
the Prospectus/BUBT Catalogue/Program Brochure.

d) Make-up Procedures:
Missing examinations of class tests may be allowed to be retaken at the discretion of the course
teacher. The student must adhere to the date specified for submission of assignments. Delayed
submissions might carry no marks at all or discounted marks depending on the duration of late
submission. Supplementary Mid-term and Final Examinations are allowed as per BUBT rules by
the Controller of Examinations. Examinations will consist of theory questions, problems and/or
short questions depending upon the nature of class lectures.

Presence in the class is very important due to the fact that for each absence mark is deducted from
a student’s score (out of marks reserved for class attendance), whatever may be the reason behind
such absence.
Students are requested to note down carefully the rules regarding examinations discipline and
misconduct. Students are also requested to wear identity cards in the BUBT premises and wear
formal dresses.

Students are requested to document the class lectures without any discontinuation. Selected
problems and questions from the text will be reviewed and solved in the class. Assignments will
usually be given from problems and exercises at the end of the chapter of the textbook. Every
student must bring the textbook in every class.

The instructor will use his/her knowledge and experience along with his/her skills to lead the
learning process as easy as possible and facilitate understanding in all possible ways but the student
is also expected to work hard. However, how much a student is to get out of this course depends
largely on the student concerned. The instructor as per his/her discretion in conformity with BUBT
practice would deal with any other issues not covered in this outline.

Part D
17. Learning Materials:
Textbook (Recommended):

Weygandt, J. J., Kimmel, P. D., & Mitchell, J. E. (2020). Accounting Principles (14th ed.).
Singapore: John Wiley & Sons.
References (Supplementary):

Libby, R., Libby, P., & Hodge, F. (2019). Financial Accounting (10th ed.). McGraw Hill Inc.

______________
Jannatul Ferdousy Supty
Lecturer
Department of Accounting
Faculty of Business and Social Sciences
Bangladesh University of Business and Technology (BUBT)