Course Document

Course Code UM24BAC43

Course Title Corporate Accounting
Program Code
Program Title BBA-General Management
Department Department of BBA
Faculty Code
Faculty Title Faculty of Commerce and Management (FCM)
Department offering the BBA
Course
Faculty Member
Semester Duration

1. Course Size

Credits L T P Hours/Week
3 3 0 0 3

Total Term/ Semester hours: 36

2. Course Details

2.1 Course Aims and Summary

1. To equip participants with comprehensive knowledge and practical skills essential for
proficiently managing financial transactions, preparing accurate financial statements, and
interpreting corporate financial data in compliance with accounting standards.
2. This course covers fundamental principles of corporate accounting, emphasizing the
application of Generally Accepted Accounting Principles (GAAP) and International Financial
Reporting Standards (IFRS)
3. . Participants will gain expertise in recording financial transactions, preparing financial
statements, analyzing financial performance, and understanding the regulatory framework
governing corporate financial reporting.
4. The curriculum integrates theoretical concepts with practical scenarios to develop a holistic
understanding of corporate accounting practices.

2.2 Course Objectives

The objectives of the Course are:

1. Acquire proficiency in accurately recording various financial transactions, including sales,

purchases, expenses, and investments, using appropriate accounting journals and ledgers.
2. Learn the process of preparing key financial statements, including the Income Statement,
Balance Sheet, and Cash Flow Statement, ensuring compliance with accounting standards and
providing a clear representation of the company's financial performance.
3. Develop skills in interpreting and analyzing financial statements to assess a company's
liquidity, solvency, profitability, and overall financial health. Understand how to use financial
ratios and other analytical tools for decision-making.
4. Explore methods of recognizing revenue and allocating expenses in accordance with
accounting standards, ensuring accurate representation of financial results and compliance
with regulatory requirements.
5. Understand the principles and techniques involved in the preparation of consolidated
financial statements for corporate groups, including the elimination of intercompany
transactions and balances.
6. Gain insights into auditing processes and the role of internal controls in corporate
accounting. Understand how to assess and strengthen internal control systems to safeguard
financial information

2.3 Course Outcomes

After undergoing this course students will be able to:

CO1 Recall and identify key accounting principles and standards applicable to
corporate financial reporting.
CO2 Demonstrate an understanding of how financial transactions are recorded,
classified, and summarized in corporate accounting.
CO3 Apply accounting principles to record and classify various corporate
transactions accurately.
CO4 Analyze and interpret financial statements to evaluate the financial
performance and position of a corporation
CO5 Evaluate the impact of different accounting methods on financial statements
and assess the effectiveness of internal controls in ensuring financial accuracy.
CO6 Synthesize information to prepare consolidated financial statements for
corporate groups, demonstrating an understanding of intercompany
transactions.

Outcome Map:

COs PO PO PO PO PO PO PO PO PSO PSO PSO

01 02 03 04 05 06 07 08 1 2 3

CO1 2 3 1 2 2 1 2 3 1 2 3

CO2 1 2 3 1 2 2 3 1 3 1 2

CO3 3 1 2 3 1 3 1 2 2 3 1

CO4 2 3 1 2 2 1 2 3 2

CO5 1 1 1 2

CO6 1 1 1 2

Relevance: 1 high, 2 medium, 3 low

2.4 Course Content

Unit 1: Foundations of Corporate Accounting (10 hours)

Introduction to Corporate Accounting:Overview of accounting principles,Importance of
GAAP and IFRS in corporate financial reporting :Recording financial transactions using
double-entry system, Financial Statements: Income Statement and Balance Sheet, Principles
of income recognition and expense allocation,Preparation of income statement and balance
sheet,Practical exercises on recording and preparing financial statements.

Unit 2: Financial Analysis and Interpretation (10 hours)

Financial Ratios and Analysis,Calculation and interpretation of liquidity, solvency, and
profitability ratios,Using financial ratios for decision-making
Group activities on financial analysis scenarios,Analytical Tools in Corporate Accounting
Introduction to tools for financial analysis,Case studies on the application of analytical
tools,Class discussions on financial decision-making.

Unit 3: Regulatory Compliance and Governance, (10 hours)

Legal and Regulatory Framework,Overview of financial reporting regulations,Compliance
with accounting standards and laws,Ethical considerations in corporate accounting,Corporate
Governance and Internal Controls
Importance of corporate governance in financial transparency:Internal controls and their role
in financial management,Case study on ethical dilemmas in accounting.

Unit 4: Advanced Topics in Corporate Accounting, (10 hours)

Consolidated Financial Statements,Principles and methods of preparing consolidated financial
statements,Elimination of inter company transactions,Project on preparing consolidated
financial statements,Internal Audit and Controls,Overview of auditing processes,Evaluating
and strengthening internal controls,Final group project on internal controls assessment.

2.5 Text Book and References

TEXT BOOKS

Financial Accounting: Tools for Business Decision Making"Authors: Paul D. Kimmel, Jerry J.
Weygandt, Donald E. Kieso Publication: Wiley

"Corporate Financial Reporting and Analysis" Authors: David Young, Jacob Cohen
Publication: Wiley
REFERENCE BOOKS

 "Financial Accounting: Tools for Business Decision Making" Authors: Paul D. Kimmel,
Jerry J. Weygandt, Donald E. Kieso Publication: Wiley
 "Corporate Financial Reporting and Analysis" Authors: David Young, Jacob Cohen
Publication: Wiley
 "Advanced Accounting" Authors: Joe Ben Hoyle, Thomas Schaefer, Timothy Doupnik
 Publication: McGraw-Hill Education

• Other Resources
• Videos
• Hand Book

3.Teaching and Assessment

3.1 Teaching

Lecture Lecture Topic Lecture Slides Lecture Videos

Number
0 Lecture-00 Video-00
Issue-Assignment 1 and Assignment-2 Statements
1 Lecture-01 Video-01
2 Lecture-02 Video-02
3 Lecture-03 Video-03
4 Lecture-04 Video-04
5 Lecture-05 Video-05
6 Lecture-06 Video-06
7 Lecture-07 Video-07
8 Lecture-08 Video-08
9 Lecture-09 Video-09
10 Lecture-10 Video-10
11 Lecture-11 Video-11
Quiz -01 and Test-1-Obtain Student Feedback
12 Lecture-12 Video-12
13 Lecture-13 Video-13
14 Lecture-14 Video-14
15 Lecture-15 Video-15
Submission of Assignment-1
16 Lecture-16 Video-16
17 Lecture-17 Video-17
 18 Lecture-18 Video-18
19 Lecture-19 Video-19
20 Lecture-20 Video-20
21 Lecture-21 Video-21
Quiz -02 and Test -02
22 Lecture-22 Video-22
23 Lecture-23 Video-23
24 Lecture-24 Video-24
25 Lecture-25 Video-25
26 Lecture-26 Video-26
27 Lecture-27 Video-27
28 Lecture-28 Video-28
29 Lecture-29 Video-29
30 Lecture-30 Video-30
Quiz-03 and Test-03
Submission of Assignment-2
Obtain Student Feedback
Examination Preparation Break
Term/Semester End Examination

1.2 Assessment weight Distribution

Quiz Test Assignment/ SEE Total

PBL/PrBL Marks
Weights/ 15 25 20 40 100
Course
Outcomes
CO1
CO2
CO3
CO4
CO5
CO6
1.3 Schedule of Assessment

Assessment Dates Marks COs Quiz Test Assignmen SEE

Type t/PBL/
PrBL
Weight 15 25 20 40
Duration 30 min 60 min 6 weeks 3 hours
Quiz-1 5th 6 CO1/
week CO2
Quiz-2 10th 5 CO3/
week CO4
Quiz-3 15th 4 CO5/
 week CO6
Test-1 5th 10 CO1/
week CO2
Test-2 10th 8 CO3/
week CO4
Test-3 15th 7 CO5/
week CO6
Assignment-1 7th 09 CO
week 1-3
Assignment-2 14th 11 CO
week 4-6
SEE 18th 40 All
Week

1.4 Grading Criterion

 Based on total marks scored grade is Awarded.

If marks scored is:

 91 and above O (outstanding); 81-90 : A+ (Excellent); 71-80: A (Very Good);

61-70: B+ (Good); 51-60 : B (Above Average); 40 -50: C (Average); below 40:
D (Not satisfactory)
 If one scores D grade, the candidate is required to re-register for the course if
he/she wants to earn the credit at his/her own convenience

Attainment Calculations:
Recording Marks and Awarding Grades

S. No. USN Student Quiz Test Assignment SEE Marks Grade

Name (15%) (25%) 20% 40% Scored obtained

3
 N

Total XXXXX

Class Average Marks: Total marks of All Students (XXXX)/ Number of students (N)
Average Grade:

Setting Attainment Targets:

Attainment of Course Outcomes-COs

Outcomes- Targeted Outcomes Level of Observations and
Attainment Remarks
70% of Students will score A grade and
above-1
70% of students will score B+ grade and
Above-2
70% of students will score B grade and
above-3
70% of Students will score A grade and
above-1
70% of students will score B+ grade and
Above-2
70% of students will score B grade and
above-3
70% of Students will score A grade and
above-1
70% of students will score B+ grade and
Above-2
70% of students will score B grade and
above-3
70% of Students will score A grade and
above-1
70% of students will score B+ grade and
Above-2
70% of students will score B grade and
above-3
70% of Students will score A grade and
above-1
70% of students will score B+ grade and
Above-2
70% of students will score B grade and
above-3
70% of Students will score A grade and
above-1
70% of students will score B+ grade and
Above-2
70% of students will score B grade and
above-3

Performance Recording

Acade Program: Semeste Secti Course Code Course Title

mic B.Tech., r on XXYYZZH11 Programming with C
Year in
2023- Compute I A
24 r Science Course Tutor/s:
and Tutor’s ID/Department:
Engineer
ing
Total Number Number Class O- A+ A Grader B+ B C D
 Numb of of Avera Graders Graders Graders Graders Graders Grad
er of Students Students ge >= 91 81<=M< 71<=M< 40<=M< ers
studen appeare -Passed Mark =90 =80 61<=M< 51<=M< =50 M<40
ts in d for all all the s =70 =60
the the compon
Class compon ent of
ents of Examina
Assessm tion
ent
60
B
Grad
e
CO1- Performance

CO2- Performance

CO3- Performance

CO4- Performance

CO5- Performance

CO6- Performance

Performance Plotting

CO-1 Distribution CO-2 Distribution CO-3 Distribution

CO-4 Distribution CO-5 Distribution CO-6 Distribution

Mapping of Course Outcomes with Program Outcomes

COs PO PO PO PO PO PO PO PO PSO PSO PSO

01 02 03 04 05 06 07 08 1 2 3

CO1 1 2 2 1 3

CO2 1 1 2 1 1
 CO3 1 1 1 2 3

CO4 2 1 1 2

CO5 1 1 1 2

CO6 1 1 1 2

4. Other Details

4.1 Assignment Details or Problem Based Learning

Assignments will be given at the beginning of each block period and students can
continuously work on assignment and submit at the end of the block period as per the
format provided.

4.2 Academic Integrity Policy: Students are required to strictly follow academic honesty
and integrity. Copying and plagiarism in any form for any of the assessment components
will result in zero marks.