School of Business and Economics

Department of Accounting & Finance

Course Name:
Introduction to Financial Accounting
Course Code
& Section No: ACT 201 Section 16
Semester: Summer 2020
INSTRUCTOR & DEPARTMENT INFORMATION

1. Instructor Name: RUSHDY MD BAKTH (RMB)

2. Office Room: NAC775

3. Office Hours: ST:01:00PM-04:00PM

MW:12:00PM-01:00PM

4. Office Phone: +880 2 55668200 Ext: 6056

5. Email Address: rushdy.bakth@northsouth.edu

6. Department: Accounting & Finance

7. Links: North South University Website: http://www.northsouth.edu

School of Business Website: http://www.northsouth.edu/academic/sob/
Course Website: rmbnsu.weebly.com

COURSE & SECTION INFORMATION

Class Time & ST 11:20AM-12:50PM NAC402

Location

Course
Prerequisite(s)
Course Credit Hours 3:0
Course Description This course will familiarize students with the basic accounting terms and concepts.
It will give the students the basic information to understand financial statements
and its components. This course will introduce the students to financial statements,
steps in the accounting cycle, recording purchases, classifying inventory,
introduction to internal control, bank reconciliation, importance of cash flow, and
introduction to financial statement analysis.

Course Objectives  Learn the basic accounting concepts, principles and techniques.
 Learn the basic components of financial statement and the source of data
used to create them.
 Have complete understanding of the accounting cycle.
 Understand the importance of accounting in the business environment.

Student Learning Upon the successful completion of this course, a student will be able to:
Outcomes  Be able to develop a record of transactions that have been undertaken by a
business assigning value under correct headers.
 Be able to set up financial ledgers to identify a summary balance for a
period.
 Be able to set up financial statements for a period.
 to identify adjusting entries and develop journal entries and postings
 Be able to value assets properly and assign proper adjustments for use and
deterioration.

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LEARNING RESOURCES AND TEXTBOOK(S)

Text Book(s)

Author Edition & Year Publisher ISBN

Title
Jerry J, Weygandt, Accounting Principles 12th Edition, John Wiley & 978-
Donald E. Kieso & 2014 Sons 1118342084
Paul D. Kimmel.

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 real

information Concepts 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,…)

Each lecture will cover one or more topic. Students will be required to complete assignment and will be
quizzed on the topics taught. After completion of a number of topics, students will be tested on the
material. Course materials will be available on the course website. Lectures will be accompanied by a
Power Point presentation and videos and case studies when relevant.

GRADING POLICY OF NSU

A A- B+ B B- C+ C C- D+ D F
93-100 90-92 87-89 83-86 80-82 77-79 73-76 70-72 67-69 60-66 Below 60

ASSESSMENT STRATEGY AND GRADING SCHEME

Grading tool
Points
Class Attendance 5%
Assignment 20%
Quizzes 15%
Mid Term 30%
Final Exam 30%

Please Refer to NSU Student Handbook, Section: “Grading Policy”

Mid Term and Final exam will comprise of 75% in task assessment and 25% in interview.

This assessment strategy is designed by the NSU Department of Accounting and Finance.

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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
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
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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 Date/week
1. Accounting in Action 1st week

2. The Accounting Process 2nd week

3. Adjusting Accounts 3rd week

4. Completion of the Accounting Cycle 4th week

5. Accounting for Merchandising Operations 6th week

6. Review and Exam 7th week

7. Inventories (all methods for valuation) 8th week

8. Internal Control and cash (Bank 9th week

Reconciliation)
9. Plant Assets, Natural Resources and 10th week
Intangibles
10. Statement of Cash Flows (Indirect 11th week
Method)
11. Financial Statement Analysis & Final 12th week
Review

Note: The instructor reserves the right to make changes to the syllabus if necessary.

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