Załącznik nr 2 do zarządzenia Rektora nr /12

COURSE DESCRIPTION CARD NOTE: If the course consists of lectures and classes, the Course Description applies to both forms of teaching 2. Course code … 1. Course title: Financial Accounting in Polish: Rachunkowość finansowa Number of ECTS credits: 7 Course completion method:E Course commenced / Year 2014/2015 3. Faculty: Finance and Insurance 4. Field of Study: Finance and Accounting 5. Department of the Field of Study Coordinator: Department of Investments and Real Estate 6. Name of tutor: Lectures: Anna Kuzior PhD, Classes: Anna Kuzior PhD, Lab classes … Examiner: Anna Kuzior PhD, 7. Tutor’s department: Department of Accounting 8. Number of contact hours with students: Type of course

Full time study

Lectures Classes Foreign language classes Lab classes Seminars Introductory Seminars Other Total hours Examination (hours)

Part time study

28 45

73 3

9. Course timeframe (no. of semesters) 3 Course commencement / Year 2014/2015 Course commencement / Semester WINTER

10. Stage of tertiary education:

11. Course status Compulsory for the field of study … Compulsory for the specialization Finance and Accounting for Business Optional ...

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12. Requirements Compulsory: Accounting for Business Recommended:

13. Course objectives: 1) presentation of knowledge of preparing documents, recording, valuations of changes in balance – sheet and profit and loss account components in creating informative accounting system 2) Developing abilities in applying accounting procedures to create data concerning assets, liabilities, equity and expenses and revenues in an economic entity 3) Gaining necessary social competence for cooperation in creating and doing accounting

14. Teaching and learning methods: A. Direct student/teacher contact hours: No.

Teaching methods

1.

Lectures using multimedia techniques

2.

Classes

3

Test (2)

Description

A multimedia presentation of the theory of financial accounting illustrated with numerical exercises Classes with numerical exercises, case studies, discussion Open questions and numerical examples

Total

Number of teaching hours Full time study Part time study 28

41

2

AS:73

AN:

B. Self-study hours: No.

Learning methods

1.

The notes analysis

2.

Individual literature studies Solving tests and exercises, case studies

3.

Description

Getting familiar with the talks in terms of the presented theory, Researching and reading Acquisition of proficiency in recording of business transaction and interpretation of results

Total

Number of hours Full time study Part time study 30

22 50

BS: 102

Total AS+BS = 175 Examination (E) = 3 Total AS+BS+E= 178

BN:

Total AN+BN = ……. Examination (E) =……. Total AN+BN+E = ……. -2-

15. Key words: accounting standards, financial statement, an account, recording of business transaction, 16. Course content: 1.

2. 3.

4. 5. 6.

Legal bases of accounting – national and international, the range of accounting. Accounting policy and its range accepted by an economic entity. A chart of accounts as a foundation of financial (accounting) data creating. Accounting concepts and their practical application in business transaction recording. Prepayments and accruals in matching concept. General terms, classifications, initial and balance – sheet valuations , recording approach and presentation rules in financial statement: − cash, − receivables and liabilities, − inventories, − intangible assets, − tangible assets, − investments, − equity. Revenues and expenses of ordinary activity of economic entity other than banks and insurance companies. Cost of products. Profit and loss calculations. Presentation by nature and function. Elements of financial reporting of an economic entity.

17. Student learning outcome achieved in the course, as related to the outcome intended for the field of study. Methods of outcome achievement evaluation. Student learning outcome intended for the field of study / Symbols

Student learning outcome achieved in the course

Methods of assessing student learning outcome achieved in the course

Documentation

Knowledge FiR_W03

Student has knowledge of financial relations between entities and their presentation in accounting system

FiR_W07

Student has knowledge of legal aspects ( standards) of accounting in Poland and EU

FiR_W08

Student has basic knowledge necessary to analyze information concerning financial position of economic entity

FiR_W11

Student knows how to create the accounting policy in economic entity, its elements, ways of applying simplifications , Skills

FiR_U03

Student analyses financial processes using accounting methods and tools

FiR_U04

Student has the ability to predict financial

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The written exam

1.List of written material scope of the current exam 2. Written students papers

The written exam

1.List of written material scope of the

phenomena using accounting methods and tools

current exam 2. Written students papers

Student can use legal acts and accounting standards

FiR_U05

Social skills

1.Student 1.Oral form participation in the discussion on the possibilities Student can perceive ethic problems connected given solution of with the choice of appropriate accounting standards the problem. and valuation rules 2. Competence in presenting and Student is prepared to undertake professional challenges in accounting, knows the rules of doing arguing the proposed accounting especially for SME solution to the problem. Student can actively participate in team work dealing with recording of financial data

FiR_K02

FiR_K04

FiR_K07

18. Methods of grading student performance: No.

Student performance assessment methods and course completion requirements

Description

Percentage of the final grade

1.

The written exam

Includes multiply choice test and numerical examples

70

2.

Tests (during classes)

Includes open questions and numerical examples

30

* If students are required to earn credits and pass an exam, the credit accounts for at least 30% of the final grade

19. Reading list Compulsory reading list: 1. Elliott B., Elliott J., Financial Accounting And Reporting, PEARSON, 2009, XII 2. Stolowy H., Lebas M., Financial Accounting And Reporting A Global Perspective, THOMSON, 2006, II 3. Praca zbiorowa pod red. Z. Messnera i J. Pfaffa: Rachunkowość finansowa z uwzględnieniem MSSF, PWE, Warszawa 2011

Recommended reading: 1. T. Martyniuk, D. Małkowska: Zaawansowana rachunkowość finansowa, PWE Warszawa 2010

20. Language of instruction: English

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21. Tutors’ recommendations:

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