Principles of Accounting I (34101)

First Semester (Fall) 2024/2025

Department of Accounting
King Talal School of Business Technology
1. Course Information:
Course Name & ID Principles of Accounting I (34101)
Prerequisites None
Course Type Department Requirement / Mandatory
SDG 8 – Decent Work and Economic Growth

Sustainable
Development Goal

Credit Hours 3 Hours

Level 1st Year
Lecture Schedule 9-10 : 10-11
Lecture Location Classroom 702,821

Wild, Kowk, Vwnkatesh, and Shaw. Fundamental

Textbook Accounting Principles, 3rd edition, Mc-Graw hill
education, 2021.

1- Weygandt, J. J., Kimmel P. D., and Kieso, D. E.,

Accounting
Principles, 13th edition, John Wiley & Sons, Inc., 2014.
References 2- Weygandt, J. J., Kimmel P. D., and Kieso, D. E.,
Financial
Accounting, IFRS edition, John Wiley & Sons, Inc.,
2014.

Name: Asma Al-Znaimat

Instructor Office No. 105 (Business school / Building B / First floor)
Email: a.znaimat@psut.edu.jo
(11:00-12:00) Sun/Tue /Thu - (12:00-01:00) Mon -(11:00-12:00) Wed In
Office Hours Campus
Teaching Assistant N/A

2. Course Description:

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This course covers the definition of accounting, the accounting system and its
main elements, the double entry system, transactions related to capital, cash
transactions, inventory transactions, accounts receivable, and preparing the trial
balance, income statement, and statement of financial position.
3. Course Objectives:
The main objective of this course is to prepare students for a successful career in
accounting as accountants (bookkeepers), auditors, or consultants. This
course is vital in progressing students into further topics in accounting (mainly:
auditing, advanced financial accounting, and financial statements analysis). Each
chapter of the course has its objectives, which in turn, are indicated at the
beginning of the chapter. Specifically, this course has the following ‘Course
Objectives’ (CO):

Figure 1 The Objectives of this Module

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 4. Program Learning Outcomes
The program learning outcomes that are mapped for the course and
accreditation purposes are:
Table 1 BBT Programs Learning Goals and Outcomes
Jordan
National Learning Learning
Qualifications Goals (LGs) Outcomes (LOs)
Framework
PLO1: Demonstrate basic knowledge in the
LG1:
Knowledge business and technology.
Knowledge
(K) PLO2: Apply business and technology concepts
that can help develop business solutions.
PLO3: Critically analyze business issues taking
LG2:
into account economic, sustainable, and ethical
Critical
factors.
thinking
Competencies PLO4: Integrate key analytical methods that can
(C) help provide creative and innovative solutions.
LG3:
PLO5: Collaborate effectively within a team to
Teamwork
build jointly prepared projects.
PLO6: Demonstrate the written communication
LG4:
Skills skills essential in business settings
Communicatio
(S) PLO7: Demonstrate effective use of the oral
n
presentation skills that are essential in business

5. Course learning outcomes (Knowledge, Understanding and Skills):

This course is intended to provide students with a core understanding of basic-
level accounting concepts and allow them to demonstrate practical knowledge
of the theory and practice of the financial accounting. Hence, the course learning
outcomes (CLO) are:
Table 2 Course Learning Outcomes
Aligned
Program
Course Learning Outcomes
Learning SDG Targets
(CLOs)
Outcomes
(PLOs)
Identify the effect of business transactions on
the basic
CLO1 PLO 1 SDG 8.3
accounting equation and financial statements
for service entities
CLO2 Recognize and apply knowledge of the double- PLO 2 SDG 8.3

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 entry system and journalization and posting of
transactions for service organizations and
preparation of a trial balance
Illustrate and apply knowledge about adjusting
CLO3 PLO 2 SDG 8.3
entries and the adjusted trial balance
Illustrate and apply knowledge about the
accounting cycle and closing and correcting
CLO4 PLO 1 SDG 8.3
entries. Classify the accounts into the
statement of financial position.
Illustrate and apply knowledge about
CLO5 accounting for
PLO 2
merchandising companies.

6. Curriculum Design:
This course will cover core concepts in principles of accounting. The topics and
their respective
chapter in the recommended textbook is highlighted below:
Table 3 Course Topics and their Respective Chapters
Wee Topic Chapte
k r
1-3 Introduction: Accounting in Business 1
4-6 Analyzing and Recording Transactions 2
7-9 Adjusting Accounts and Preparing Financial Statements 3
Midterm Exam
11- Completing the accounting Cycle 4
13
14- Merchandising Operations 5
15
16 The Final Exam -
Disclaimer: Instructors may deviate from schedule

7. Teaching Methods:
Several teaching techniques and methods will be used to effectively facilitate the
learning process of this course. These methods will include:
 Interactive class activities



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  Smart and whiteboards; data show presentations of key topics and
summarizing main points.
 Solving exercises, problems, and cases interactively on board.
 Handouts.
8. Assessment:
The course is intended to provide students with theoretical and practical
knowledge that will help them in putting theory into practice. Various assessment
techniques will be used to assess students’ understanding of the module. Any
online assessments will be conducted on McGraw Hill Connect, and you
must get access to this course by purchasing the code from the bookshop.
The breakdown of the weight of each element is:

Table 4 Assessment Breakdown for this Module

Assessment Expected Due Date Weight
Final Exam End-of-term 40%
Midterm Exam TBA 30%
3 Online Quizzes TBA 20%
Paper-based Quiz TBA 10%

Total 100%

Disclaimer: Students must be aware that we need to follow any new

instructions by our school and the assessment policy might change
accordingly. Any necessary changes to the assessment policy and to the
exams/quizzes procedures will be communicated to you by the instructor.

The link between each assessment and CLO/PLO are:

Assessment type CLO1 CLO2 CLO3 CLO4 CLO5
Final Exam (comprehensive) √ √ √ √ √
Midterm Exam √ √ √
Quizzes √ √ √ √

As for the marking criteria for each assessment technique, each has a rubric that
demonstrates the mark/band the students can achieve in this.
Rubric for Final Exam
Criteria/band Fail Marginal Merit Distinction

The

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Suitability of the answer The answer does not The answer addresses Clear and logical answer question is well-answered
address the question. the questions with that addresses the with a critical analysis of
20 marks limited improvisation on question and attempts to the core concepts covered
the answer. provide critical analysis in the exam.
of core concepts covered
in the exam.

Understanding of the Lacks theoretical Shows a good Shows a good Shows solid understanding
core concepts understanding of the understanding of the understanding of the of the core concepts with a
core concepts covered core concepts and their subject area. There is a strong link between theory
20 marks in the exam. application in practice good link between the and practice.
core concepts and
practice.

Mark
0-19 20-29 30-35 36-40
(out of 40 marks)

Rubric for the Midterm Exam

Criteria/band Fail Marginal Merit Distinction

Understanding of the Lacks understanding Shows some Shows a good understanding of Shows solid understanding of
core concepts of core concepts understanding of the subject area and core the core concepts covered in
covered in the exam. core concepts concepts covered in the exam. the exam
30 marks covered in the exam.

Mark
0-14 15-20 21-25 26-30
(Out of 25 marks)

Rubric for Quizzes

Criteria/band Fail Marginal Merit Distinction

Understanding of Lacks understanding of Shows some understanding of Shows a good Shows solid understanding
the theory the core concepts the core concepts covered in understanding of the of the core concepts
covered in the the assignment. subject area. covered in the assignment.
5 marks for each assignment.
assignment

Mark
0 1-2 3-4 5
(Out of 5 marks)

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 9. Rules and Regulations:

Class Attendance and Participation:

According to the University rules, class attendance is mandatory. Students are expected to attend all
classes. Students who repeatedly arrive late to the lecture will be considered absent. Students are
encouraged for active class participation and discussion to enrich their understanding and gain more
knowledge related to the course topics.
Use of Mobile Devices, Laptops, etc. during Class:
As research on learning shows, unexpected noises and movement automatically divert and capture
people's attention, which means students are affecting everyone’s learning experience if their cell
phones, laptops, etc. make noise or are visually distracting during class. For this reason, students are
required to turn off their mobile devices and close their laptops during class.
Academic Integrity:
Students must refrain from copying each other's work or using information without acknowledging the
source of this information (i.e., providing a reference and in-text citation). A Turnitin plagiarism of 15-
20% could result in a range of disciplinary measures ranging from written warning to deductions of
marks from the submitted work. However, if the submitted work exceeds this percentage, the academic
staff reserves the right to open a plagiarism investigation case.
At the initial investigation stage (before any formal allegation of academic misconduct is made) a
decision will be reached about whether the case constitutes plagiarism as opposed to poor scholarship.
Where an initial investigation is conducted, the case will be forwarded to the Students’ Violation
Committee to take appropriate actions. If the case constitutes plagiarism, the student(s) will be given a
“0” mark for the entire module.
Book:
Book and Assignments: The main book for this course is purchased online from the publisher McGraw-
Hill Education. To do so, students need to fill the designated form online at the boo shop website. The
book shop will order your book code at a reduced price. After you get your code by email, you need to
register to your assigned section through the link available on the e- learning portal of this course. After
registration, this code will give you access to the full e-book and assessments. Each student must buy
his/her unique code by the first week of the beginning of the semester. Further instructions about the
code will be communicated to you by the instructor.
Late Assignments:
Assignments must be completed and submitted to the e-learning system by the due date assigned by the
module leader. Failure to submit the assignment by the due date will automatically result in “0” mark
given for this assignment. If a student has an exceptional circumstance, they have to submit a mitigating
circumstances form to the module leader a week prior to the assignment due date. If the form is
approved, the student will receive another chance to submit their work.
Having a different time zone in your device might restrict your access to the online quizzes.
A “study mode” attempt on McGraw Hill connect is Not counted as a real attempt, and No
grades
will be

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counted.

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