2018 | Basic Accounting - TOKYO TECH OCW

2018　Basic Accounting

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Academic unit or major: Undergraduate major in Industrial Engineering and Economics

Instructor(s): Nagata Kyoko

Class Format: Lecture / Exercise

Media-enhanced courses

Day/Period(Room No.): Tue5-8(W9-425)

Group: -

Course number: IEE.D202

Credits: 2

Academic year: 2018

Offered quarter: 4Q

Syllabus updated: 2018/10/9

Lecture notes updated: -

Language used: Japanese

Access Index

Syllabus

Course description and aims

Accounting is known as language of business as financial statements provide critical source of the information we need for making various economic decisions. This course consists of three parts (1)Overview of financial reporting, (2)Process of preparing financial statements, (3) Basics of financial statement analysis.
This course aims to develop students' ability to understand and analyze financial information effectively in real-world through practical and active learning with actual events and financial statements.

Student learning outcomes

This intended learning outcome include
(1)Ability to explain the overview of financial reporting system
(2)Ability to prepare basic financial statements
(3)Ability to evaluate corporate operating performance with financial statement analysis

Keywords

Accounting
Financial statement analysis
Company valuation

Competencies that will be developed

✔ Specialist skills

✔ Intercultural skills

✔ Communication skills

Critical thinking skills

✔ Practical and/or problem-solving skills

Class flow

This course uses lectures, case assignments, group work.

Course schedule/Required learning

	Course schedule	Required learning
Class 1	Guidance	Understand the overview of this course.
Class 2	Accounting as the “language of business”	Understand the overview of accounting system.
Class 3	Steps in the recording process (1)	Understand definition of accounting transaction, and basic rule of bookkeeping.
Class 4	Steps in the recording process (2)	Understand accounting-specific wording, and how to record various transactions.
Class 5	Accrual accounting and income determination (1)	Understand depreciation and rules of inventory evaluation.
Class 6	Accrual accounting and income determination (2)	Understand closing adjustments and how to compile balance sheet and income statement.
Class 7	Basic financial statements (1)	Understand the components of balance sheet.
Class 8	Mid-term exam	Mid-term exam that covers topics studied in 1st to 6th session.
Class 9	Basic financial statements (2)	Understand the components of income statement.
Class 10	Basics of financial statement analysis (1)	Understand the overview of financial statement analysis.
Class 11	Basics of financial statement analysis (2)	Understand various financial ratios.
Class 12	Special lecture by a guest speaker	Understand actual usage in a real world.
Class 13	Group work	Group presentations and discussions.
Class 14	Group work	Group presentations and discussions.
Class 15	Wrap up	Overall review.

Textbook(s)

Handout will be available at every class.

Reference books, course materials, etc.

Ito, K., Accounting, Theory and today, Nikkeibooks, 2014.

Assessment criteria and methods

Class participation 20% Assignments 40% Mid-term/Final exam 40%

Related courses

Prerequisites (i.e., required knowledge, skills, courses, etc.)

TBD

Contact information (e-mail and phone) Notice : Please replace from "[at]" to "@"(half-width character).

Email address：nagata.k.ac[at]m.titech.ac.jp

Office hours

Contact by e-mail in advance to schedule an appointment

TOKYO INSTITUTE OF TECHNOLOGY