To develop a conceptual understanding of financial accounting system and their application in business
Course Outcomes (COs):
Course |
Learning outcome (at course level) |
Learning and teaching strategies |
Assessment Strategies |
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Paper Code |
Paper Title |
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AAF 513
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Functional Accounting |
CO 169: Calculate and understand the difference between Royalty and Lease. CO 170: Frame a solid foundation in accounting and reporting requirements and relevant Accounting Standards. CO 171: Understand basic issues in accounting for assets, liabilities and owner’s equity with respect to Branch Accounts. Translate and account for foreign currencies. CO 172: Account for a range of financial accounting issues. CO 173: Understand accounting requirements for a corporate group and familiarity with the theory underlying the methods used to account for inter-company investments. CO 174: Prepare consolidated accounts for a corporate group. CO 175: Understand principles of accounting for investments in associates. CO 176: Analyse complex issues, to formulate well-reasoned and coherent arguments and to reach well considered conclusions.
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Approach in teaching: Interactive Lectures, Discussion, Tutorials, assignments.
Learning activities for the students: Self-learning assignments, Effective questions, Giving tasks, Solving numerical problems
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Class test, Semester end examinations, Quiz, Solving problems in tutorials, Assignments, Individual projects |