Core Course
BA211 – Financial Accounting I
Course Unit Code: BA211
Type Of Unit: Core
Level of Course Unit: First cycle
Year of Study: Second year
Semester: Third
Number of ECTS Credits: 7.5
Class Contact Hours: 36
Mode of Delivery
Face to Face
Prerequisites
None
Course Objectives
To develop knowledge and understanding of the underlying principles and concepts relating to financial accounting and technical proficiency in the use of double-entry accounting techniques including the preparation of basic financial statements for single entities and simple groups. Students will be introduced also to basic techniques of interpretation of financial statements.
Learning Outcomes
- Explain the context and purpose of financial reporting.
- Define the qualitative characteristics of financial information.
- Demonstrate the use of double-entry and accounting systems.
- Record transactions and events.
- Prepare a trial balance (including identifying and correcting error.
- Prepare basic financial statements for incorporated and unincorporated entities.
- Prepare simple consolidated financial statements.
- Interpret ate financial statements.
Course Content
Course Features
Planned learning activities and teaching methods
Lectures, case method, class discussion, syndicate group work, class presentations, role-play, ethical dilemma simulation.
Assessment methods and criteria
20% Class participation (including written class quiz)
80% In Class examination
Language of Instruction
English
Work Placement(s)
Not applicable
Readings
Recommended or required reading
1. Caplan Publishers APP ‘Financial Accounting I’ http://ocw.mit.edu/courses/find-by-topic/
English (UK) 
Ελληνικά