King Abdulaziz University

Faculty of Economics & administration

Accounting Department
Second Semester 2019-2020

Course title: Accounting Principles II
English Code no.: Acct 213
Credit Hours: 3 Credits
Pre requisite Course: Acct. 117
Accounting 213
Instructor: Dr. Mohammad Wazzan
Office no. : 320, Third floor, Faculty of
E&A
Phone no. : 6952000 Extension (65302)
E – mail: mwazan@kau.edu.sa
Office hours: by an appointment

Course Description:
This course covers Accounts Receivables and Fixed Assets. It also covers the major
characteristics and accounting entries for formation and profit distribution of partnerships and
corporations. Financial statements analysis is also included. A classification of manufacturing
costs is also covered.

Course Objectives:
1. Study accounting for accounts receivables and fixed assets.
2. Analyze record and report transactions for partnerships and corporations.
3. Analyze and interpret financial statements.
4. Summarize and apply financial and managerial accounting terms, concepts and
principles

Course Outcomes:
By the end of this course, students should be able to:
1. Analyze and record account receivables and fixed assets.
2. Recognize company's formation (both partnership and corporation), distribution of their
profits as well as Liquidation of partnership.
3. Analyze financial statements and ability to interpret the ratios.
4. Application of managerial accounting terms, concepts and principles

Assessment Methods:
1. Exams :{Mid- term Exam. (20 points); Second- Exam. (30 points); Final – Exam. (40 points)}.
Supplementary Reference:
Larson, Wild, and Chiappetta. Fundamental Accounting Principles, (McGraw-Hill, 17ed, 2010).

Attendance:

1. Class attendance is very important to achieve the best understanding of the course
material since topics are closely related and dependent. Each class benefits from the
attendance and participation of all students. Late arrivals are disruptive to the class and
show disrespect to those who are on time. Students who miss 25% of term lectures will
get a “DN” grade.
2. Attending the Tutorial classes is highly recommended as this will enable you understand

the material faster.

Minimizing Disruptions:

Mobile phones should be turned off during class. If you use your mobile during the
lecture, you will be considered as absent. You should also avoid engaging in side
conversations during class.

Cheating:
Cheating of any form will result in your being assigned an “F” grade for the course. Note that
you may not use your mobile phone during lectures and examinations.

Examination Absence:

If you miss an examination, you will be assigned a grade of “0” for the particular exam. Note
that a make-up examination will not be administered.

The distribution of grades may change during the semester

 Acct. 213 Syllabus

Chapter Contents ***

CH. 9 Accounting for Receivables

CH. 10 Plant Assets, Natural Resources, and Intangible Assets

Mid -term Exam. (Covers CHs .9 and 10), date is to be determined later on.

Ch.12 Accounting for Partnership

CH.13 Corporations: Organization and Capital Stock Transactions

Second Exam. (Covers CHs. 12, 13 and 14), date is to be determined later on.

CH.14 Corporations: Dividends, Retained Earnings, and Income Reporting

CH.18 Financial Statement Analysis

CH.19 Managerial Accounting

Final Exam. (Comprehensive; Covers CH. 18, 19 and previous chapters), date
.is to be determined later on