FAR110 - OBE Lesson Plan - Oct2022
FAR110 - OBE Lesson Plan - Oct2022
FAR110 - OBE Lesson Plan - Oct2022
FAKULTI PERAKAUNAN
UNIVERSITI TEKNOLOGI MARA
40450, SHAH ALAM
COURSE OUTCOMES
CLO1 Describe the terms and the activities associated with financial accounting. (C2)
CLO2 Prepare accounting records and the financial statements of a sole-proprietorship business. (C3)
CLO3 Demonstrate entrepreneurial skills in task related to financial accounting simulation package for a sole-proprietorship
business. (A3)
PROGRAM OUTCOMES
PO1 Apply accounting knowledge and understanding in relevant
organisations.
CO1
CO2
CO3
CO-PEO MATRIX
PEO1 PEO2 PEO3
CO1
CO2
CO3
PLAN STRUCTURE
Contact Learning
Chapter Week Topic Lecture/ Tutorial coverage Topic Outcome CO PO Assessment
Hours Model
▪ Understand the
significance and
importance of adopting
OBE for the course.
Introduction
on OBE-SCL,
Ice breaking. ▪ Recognize FACT
Entrance ▪ Overview of OBE. program educational
Sharing of ▪ Entrance
objectives (PEOs).
1 1 survey, ½ (1L) ▪ Overview of the course via materials and Survey
Assessment lesson plan and syllabus ▪ Recognize FACT information
contents. program outcomes
plan and SLT (POs).
▪ Recognize the course
outcomes (COs).
▪ Recognize the course
topic outcomes (TOs).
1 1 Introduction to 3(3L) 1.1 Definition of accounting. Ability to: CLO1 PLO1 ▪ Sharing of ▪ Test
Accounting 1.2 Three basic activities: ▪ Define accounting. notes and ▪ Final Exam
1.2.1 Identification information
1.2.2 Recording ▪ Explain the three ▪ Lecture
1.2.3 Communication activities of accounting-
▪ Self-created
1.3 Objective of financial Identification, Recording
accounting
reporting. and Communication.
simulation
1.4 Users and uses of accounting
5 9 Accounting 3(2L/1T) 5.4 The suspense account ▪ Explain the use of CL02 PLO2 ▪ Sharing of ▪ Final exam
Errors suspense accounts. notes and
▪ Draw up a suspense information
account ▪ Lecture
▪ Calculate the revised ▪ Discussion
profit ▪ Tutorial –
past year
Q&A
6 10 Accounting 3(3L) 6.1 Accruals and prepayments Ability to: CL02 PLO2 ▪ Sharing of ▪ Final exam
Adjustments 6.2 The implications on the financial ▪ Understand the notes and
statement timing issues information
6.3 The recording in the financial which lead to ▪ Lecture
statement Accrual Basis ▪ Discussion
6.4 The causes of depreciation. Accounting. ▪ Tutorial –
6.5 Recording and reporting of ▪ Understand the past year
depreciation expense and non- concept of Q&A
current assets. accruals and
6.6 Methods of depreciation: prepayments.
7.4.1 Straight line method. ▪ Prepare the
7.4.2 Reducing balance method. journal entries to
6.7 Factors to consider in record the
depreciation calculation. adjustments.
▪ Posting the
adjusting entries
to the three
column general
ledger
▪ Understand the
term and causes
of depreciation.
▪ Students are
required to
calculate the
amount of
depreciation for
the current year
only.
▪ Transfer the
amount of
depreciation from
journal to ledger.
6 11 Completing 3(2L/1T) 6.8 Preparing the adjusted trial Ability to: CL02 PLO2 ▪ Sharing of ▪ Final exam
the balance. ▪ Prepare closing notes and
Accounting 6.9 Preparing the adjusted financial entries. information
Cycle and statements ▪ Posting closing entries ▪ Lecture
Financial to three column ledger. ▪ Discussion
Statements ▪ Prepare a post-closing ▪ Tutorial –
trial balance. past year
Q&A
7 12 Accounting 3(2L/1T) 7.1 Purpose and the explanation of Ability to: CL01 PLO1 ▪ Sharing of ▪ Final exam
Ratio accounting ratio ▪ Explain the importance notes and
7.2 Types of ratio: of accounting ratio. information
7.2.1 Profitability ratio ▪ Lecture
7.2.2 Gross profit ratio ▪ Describe the different ▪ Discussion
types of accounting
7.2.3 Net profit ratio ▪ Tutorial –
7.2.4 Liquidity ratio ratio.
past year
7.2.5 Current ratio ▪ Calculate and interpret Q&A
7.2.6 Acid test ratio the main types of
7.2.7 Efficiency ratio accounting ratio.
7.2.8 Inventory turnover ratio ▪ Discuss the use of
7.3 Usefulness of accounting ratios ratios in analysing the
7.4 Limitations of accounting ratios performance, liquidity,
efficiency and
leverage of the
business.
▪ State the usefulness
and limitations of
ratios.
8 13 Bank 3(2L/1T) 8.1 Cash and bank transactions. Ability to: CLO1 PLO1 ▪ Sharing of ▪ Final exam
Reconciliation 8.2 Bank statement. ▪ Know who is notes and
8.3 Bank reconciliation and its responsible for making information
purpose. bank deposits. ▪ Lecture
8.4 Transactions recorded by the ▪ Know the element in a ▪ Discussion
business but not by the bank. cheque. ▪ Tutorial –
8.5 Transactions recorded by the ▪ Understand that using past year
bank but not by the business. a cheque is a method Q&A
8.6 Error. of cash control.
8.7 The bank reconciliation ▪ Understand the
techniques: importance and
9.7.1 Steps in preparing a bank purpose of a bank
reconciliation. statement.
▪ Understand the
reasons why the
balance in bank
statements and
business bank
accounts is different.
▪ Reconcile the bank
statement with the
business bank account
(three column ledger)
or CRJ and CPJ.
▪ Prepare the Bank
Reconciliation
Statement.
9 14 Incomplete 3(2L/1T) 9.1 Single entry and double entry Ability to: CLO2 PLO2 ▪ Sharing of Group Project
Records system. ▪ Differentiate between a notes and 2 - PBL
9.2 Disadvantages of a single entry single entry system and information
system: a double entry system. ▪ Lecture
9.2.1 Unsystematic system. ▪ Distinguish between ▪ Discussion
9.2.2 Incomplete system. Comparison and
9.2.3 Lack of accuracy. Analysis Method.
Continuous Assessment:
Topics Marks
Test Chapter 1: Introduction to Accounting 15%
Chapter 2: Accounting cycle and equation
Chapter 3: Double Entry System
Chapter 4: Journal, Ledger and Trial Balance
Group Assignment Chapter 10: Incomplete Records - Problem Based Learning 10%
Self-Created Accounting Simulation 15%
Total 40%