Course Information Summer Semester 2019/2020

Princess Sumaya University for Technology
The King Talal Faculty for Business and Technology

Accounting Department
1. Course Information
Summer Semester 2019/2020
Course ID: 34101 Course Name: Principles of Accounting (I)
Prerequisites None
Course Type College / Mandatory
Credit Hours 3 credits
Level 1st Year
Course Schedule Daily 10:0 – 11:00 , 12:00 - 1:00 & 1:00 - 2:00
Course Location Online
Wild, J., Kowk W., Shaw K; and Chiappetta, B., Principles of Financial
Textbook
Accounting, 2nd edition, Mc-Graw hill education., 2016.
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: Dr. Rasha Alghazzawi Office No. B 204
Instructor
Email: r.alghazzawi@psut.edu.jo
I am available through my email almost all day r.alghazzawi@psut.edu.jo
If you feel the need to talk to me, Don’t hesitate to let me know and we can
Office Hours setup one to one meeting on Zoom at any suitable time.
I encourage you to reach me with any problem you face, Don’t postpone it to
the end of the semester as solving it then will be harder.
Section 10:00 -11:00 https://zoom.us/j/93657156008
Zoom links for Section 12:00-1:00 https://zoom.us/j/96493926384
virtual lectures Section 1:00 – 2:00 https://zoom.us/j/91296505159
Section 10:00 -11:00 https://connect.mheducation.com/class/a-rasha-

summer-2020--daily-1000---1100-principles-of-accounting-1-dr-rasha
Section 12:00-1:00 https://connect.mheducation.com/class/a-rasha-
Registration links for
McGraw Hill Connect
Section 1:00 – 2:00 https://connect.mheducation.com/class/a-rasha-
1
2. Course Description
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/ Educational Aims
- Defining accounting and identify users and uses of accounting
- Explaining accounting principles and assumptions
- Analyzing the effect of business transactions on the accounting equation
- Knowing how to analyze record and report economic events for service companies.
- Knowing how to analyze, record and report economic events for merchandising concerns
- Knowing how to prepare trial balance and financial statements for service and merchandising
concerns
- Differentiating between accrual bases and cash bases accounting
- Preparing different types of adjusting entries
- Knowing how to prepare closing and correcting entries
- Understanding the accounting for merchandise companies and knowing how to calculate the
Cost of goods sold.
4. Course learning outcomes
COURSE LEARNING OUTCOMES

Course Learning Outcomes (CLOs) Aligned Program Learning Outcomes
CLO 1: Identify the effect of business transactions on the basic

PLO 1
accounting equation and financial statements for service entities
CLO 2: Recognize and apply knowledge of the double entry system

and journalization and posting of transactions for service organizations PLO 2
and preparation of a trial balance
CLO 3: Illustrate and apply knowledge about adjusting entries and
PLO 2
the adjusted trial balance.
CLO 4: Illustrate and apply knowledge about the accounting cycle and
closing and correcting entries. Classify the accounts into the statement
PLO 1
of financial position.
CLO 5: Illustrate and apply knowledge about accounting for

merchandising companies. PLO 2
2
5. Teaching Methods:
This course will be taught through lectures, tutorials and exercises.

 White board for summarizing main points
 Data show presentations to promote skills.
 Solving exercises, problems and cases on the board.
 Conducting online quizzes during the classes using interactive tools such as Kahoot!.
6. Assessment Policy
Students must be aware that we need to follow any new instructions by our school and the
ministry of higher education. Accordingly, any necessary changes to the assessment policy during
the semester will be communicated to you by the instructor.
Assessment Expected Date Weight

Online Quizzes All Course duration 30%
Online Midterm Exam 30%
Online Final Exam 40%
Total 100%
7. Assessment Relationship to Learning Outcomes
Assessment CLO1 CLO2 CLO3 CLO4 CLO5

Quizzes √ √ √
Midterm Exam √ √ √
Final exam √ √ √ √ √
8. Curriculum Design: Outline Syllabus
Week Topics Chapter in Text

Week 1 Introduction: Accounting in Business 1
Week 2+3 Analyzing and Recording Transactions 2
Week 4 Adjusting Accounts and Preparing Financial 3
Statements
Midterm Exam
Week 5+6 Completing the accounting Cycle 4
Week 7 Merchandising Operations 5
Final exam
3
9. Rules and Regulations
Class Presence and Participation. According to the University rules, class attendance is
mandatory and students are expected to attend all classes. You are encouraged to participate in
the discussions during the class.
Book and Assignments: Students need to note that the main book for this course is purchased
online from the publisher McGraw-Hill Education. To do so, students need to contact the book
shop in the PSUT to fill the designated form online. 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 assignments/ Quizzes. Each student must buy
his/her unique code for the book by the first week of the beginning of the semester.
Academic Integrity. Students, who copy assignments, allow assignments to be copied, or cheat
on tests will fail the assignment or test on the first offense, and may fail the entire course on the
second.
Plagiarism means using words, ideas, or arguments from another person or source without
citation. Cite all sources consulted to any extent (including material from the internet), whether
or not assigned and whether or not quoted directly. For quotations, four or more words used in
sequence must be set off in quotation marks, with the source identified.
10. Contribution of the course to the program component
Program Component Percent

Contribution
Department specific name ( i.e. MIS, BA, E-Marketing, or Accounting) 70%
College Requirements (i.e. Math, Statistics and basic sciences) 25%
University Requirements (i.e. General Education) 5%
11. Access to course material

Material content Student Department Instructor TA
Course Objectives and Learning
X X X
Outcomes
Lecture notes, homework assignments,
X X X
and solutions
Sample homework solutions from 3
X
students
Sample Lab. Reports from 3 students X
Sample exam solutions X
Course performance form X X
End-of-course instructor survey X X

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Princess Sumaya University for Technology

The King Talal Faculty for Business and Technology

Section 10:00 -11:00 https://connect.mheducation.com/class/a-rasha-

4. Course learning outcomes

COURSE LEARNING OUTCOMES

CLO 1: Identify the effect of business transactions on the basic

CLO 2: Recognize and apply knowledge of the double entry system

CLO 5: Illustrate and apply knowledge about accounting for

This course will be taught through lectures, tutorials and exercises.

Assessment Expected Date Weight

7. Assessment Relationship to Learning Outcomes

Assessment CLO1 CLO2 CLO3 CLO4 CLO5

8. Curriculum Design: Outline Syllabus

Week Topics Chapter in Text

10. Contribution of the course to the program component

Program Component Percent

11. Access to course material

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