Kurdistan Region – Iraq

Ministry of Higher Education and

Scientific Research
Knowledge University

MODULE DESCRIPTOR FORM

Module Information

Course Module Title Principles of Accounting

‫ناونیشانی مۆدیول‬ ‫بنه ماکانی ژمێریاری‬

‫عنوان الوحدة‬ ‫مبادي المحاسبة‬

Course Module Type Core/Elective Module Code BA102

ECTS Credits 6 Module Level 1

Semester of Delivery 1 Dept. Code AD

College (Code) College of Administrative & Financial Sciences (CAFS)

Module Website
Knu.edu.iq/sms
(CMW)

Besar Ibrahim
Module Leader (ML) e-mail besar.ibrahim@knu.edu.iq
Mohammed

ML Acad. Title Assistant Lecturer Qualification MSc.

ML ORCID https://orcid.org/my-orcid?orcid=0000-0001-5940-5115

ML Google Scholar
https://scholar.google.com/citations?user=frXixkYAAAAJ&hl=en
Acc.

Ammar Waleed
Peer Review Name e-mail ammar.waleed@knu.edu.iq
Mohammed

Reviewer Committee Version

17/01/2022 1.0
Approval Number

Relation With Other Modules

Pre-requisites N/A
Co-requisites N/A

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 Module Aims, Learning Outcomes and Indicative Contents
The objective of this module is to:
1. Explain the concept of accounting;
2. State the purpose of accounting;
3. Identify the users of accounting information;
4. Outline the distinguishing features of various types of business
Module Aims organizations;
5. Identify the main financial statements prepared by various business
organizations;
6. Describe the accounting cycle;
7. Outline the concepts and conventions that guide the accounting process;
8. Assess the role and impact of technology on the accounting process.
At the end of this module students will be able to:
1- Demonstrate the concept of accounting;
2- Conceptualize the importance of accounting in business
3- Define the users of accounting information;
Module Learning 4- Distinguish various types of business organizations;
Outcomes 5- Prepare financial statements in various business organizations;
6- Define the accounting cycle;
7- Outline the accounting process;
8- Evaluate the role and impacts of modern technology on the accounting
process.
The module of principles of Accounting (I) covers a wide range of topics including
accounting cycles, functions of accounting, internal and external accounting
Indicative Contents information. This module helps students to understand, prepare, and use financial
information by linking accounting education with the "real world" accounting
environment. The importance of students understanding the role of financial
information in capital market has never been more important.
Learning and Teaching Strategies
The main strategy that will be adopted in delivering this module is to encourage students’
participation in the exercises, while at the same time refining and expanding their critical
thinking skills. This will be achieved through classes, interactive tutorials and students also
Strategies
to be prepared through practical doing and application of knowledge and to be asked to
prepare financial statement and some other related activities inside the classroom.

Module Delivery
Structured workload (h/w) 2h/w
Unstructured workload (h/w) 8.8h/w
Total workload (h/w) 10.8h/w
Module Evaluation
Number/Time Weight (Marks) Week Due Relevant Learning Outcome

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 Class Activity Weekly 10% Weekly Conceptual skills, team work
Express accounting related
Oral Exam 1 10% 9
knowledge
Individual Presentation Skill,
1 5% 5
Presentation Communication Skill
Writing skills, accounting
Group Project 1 10% 11 & 12
practice
Quiz 1 5% 4 Practicing learning
Demonstrate student
Midterm Exam 1 10 7
knowledge
Demonstrate student
Final Exam 2 hr 50% 15
knowledge
Total 100% (100 Marks)

Learning and Teaching Resources

Available in the
Text
Library?
Weygandt, J. J., Kieso, D. E., Kimmel, P. D.,
Trenholm, B., Warren, V., & Novak, L. (2019).
Required Texts Yes
Accounting Principles, Volume 2. John Wiley &
Sons.
Needles, B. E., Powers, M., & Crosson, S. V.
Recommended Texts Available Online
(2013). Principles of accounting. Cengage Learning.

Websites ‫تعريف المحاسبة‬

Delivery Plan (Weekly Syllabus)

Week Material Covered
Week 1 Introduction to principles of accounting
Week 2 Accounting Cycles
Week 3 Types of accounting
Week 4 Branches of Accounting
Week 5 Internal users of accounting information
Week 6 External users of accounting information
Week 7 Mid-Term Exam
Week 8 Single Entry

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 Week 9 T-Account
Week 10 Trial Balance
Week 11 Income Statement
Week 12 Loose & profit statement
Week 13 Accounting Equation Balance Sheet
Week 14 Balance Sheet
Week 15 Final Exam

APPENDIX:

KNOWLEDGE UNIVERSITY
GRADING SCHEME
Group % of IRQ GPA
ECTS Grade Definition
Marks System
A - Excellent Best 10% Outstanding Performance 90-100 5
Success B - Very Good Next 25% Above average with some errors 80-89 4
Group C - Good Next 30% Sound work with notable errors 70- 79 3
(50-100) D - Satisfactory Next 25% Fair but with major shortcomings 60-69 2
E - Sufficient Next 10% Work meets minimum criteria 50-59 1
Fail Group FX – Fail (45-49) More work required but credit awarded 40-49
(0–49) F – Fail (0-44) Considerable amount of work required 0-44

NB Decimal places above or below 0.5 will be rounded to the higher or lower full mark (for example a
mark of 54.5 will be rounded to 55, whereas a mark of 54.4 will be rounded to 54. KNU has a policy NOT
to condone "near-pass fails" so the only adjustment to marks awarded by the original marker(s) will be the
automatic rounding outlined above.

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