GBPGBP (Global Business Program)

The objective of this course is to provide students with a sufficient understanding of the theory and practice underlying the measurement and presentation of financial information in accordance with Generally Accepted Accounting Principles (GAAP).
To help understand how GAAP is trying to measure and present business transactions in financial statements, underlying business transactions will be identified first, and then technical details of GAAP will be explained.
In addition to learning accounting concepts, methods and rules, how management’s incentives can influence the decisions and estimates that are made when reporting financial statements will be discussed.

Students will be able to understand,
・the structure of and the linkage between the income statement, the balance sheet and the cash flow statement
・the basic business transactions and economic events that firms engage in
・how business transactions and economic events are reported in the financial statements

This course is strongly related to the "DP1-2" diploma policy and fairly related to the "DP1-1", "DP2-1", "DP2-2" and "DP3" policies.

英語 / English

After the student's presentation based on the textbook, important issues with respect to several learning objectives in the chapter will be explained and supplemented by the instructor.
Exercises will be done to check comprehension, followed by feedback.
Students' active involvement is encouraged during class. Questions and comments are welcomed at any time.

あり / Yes

なし / No

授業形態/methods of teaching：対面/face to face

※各回の授業形態は予定です。教員の指示に従ってください。

1[対面/face to face]：Course overview

・Explain how the course will be delivered

2[オンライン/online]：Accounting information system(1)

・Understand the basic accounting information system
・Record and summarize basic transactions

3[オンライン/online]：Accounting information system(2)

・Identify and prepare adjusting entries

4[対面/face to face]：Accounting information system(3)

・Prepare financial statements from the adjusted trial balance
・Prepare closing entries
・Prepare financial statements for a merchandising company

5[対面/face to face]：Review and exercise session of accounting information system.

・Comprehend the Accounting cycle by doing exercises

6[オンライン/online]：Income statement(1)

・Understand the uses and limitations of an income statement
・Describe the content and format of the income statement
・Prepare an income statement

7[対面/face to face]：Income statement(2)

・Explain how to report various income items
・Understand the reporting of accounting changes and errors
・Prepare a retained earnings statement
・Explain how to report other comprehensive income

8[オンライン/online]：Review and exercise session of income statement.

・Comprehend the income statement by doing exercises

9[対面/face to face]：Balance sheet and statement of cash flows(1)

・Explain the uses and limitations of a balance sheet
・Identify the major classifications of the balance sheet
・Prepare a classified balance sheet using the report and account formats

10[オンライン/online]：Balance sheet and statement of cash flows(2)

・Indicate the purpose and content of the statement of cash flows
・Prepare a basic statement of cash flows
・Understand the usefulness of the statement of cash flows

11[対面/face to face]：Balance sheet and statement of cash flows(3)

・Identify the major types of financial ratios and what they measure

12[オンライン/online]：Review and exercise session of Balance sheet and statement of cash flows.

・Comprehend the balance sheet by doing exercises

13[対面/face to face]：End of term test

・60 minutes test

14[対面/face to face]：Test feedback and Wrap-up

・Provide test feedback and wrap-up the course

Assigned materials that will be covered should be read prior to class. It will be assumed that the required chapters have been read. Exercises will be given during class or as homework.
Students should prepare a presentation using PowerPoint slides when assigned. Preparatory study and review time for this class are 2 hours each.

INTERMEDIATE ACCOUNTING, by Kieso, Weygandt & Warfield ,Wiley.

References will be provided when necessary.

The course grade is based on following criteria:
-Presentation based on text book (30%)
-Exercises done during class or as assignments (30%)
-End of term test (40%)
Taking the end of term test will not be allowed in the case of 4 absences or more.

As doing exercises and giving feedback after studying each topic would help students comprehend better, I take in exercises after learning each topic.

Presentation slides when assigned.

This course will be delivered via Zoom (real-time) and in-person on a weekly bases. For details, please check Hoppii before the start of this course.
A PC/Tablet with a camera is required for online discussions.
Basic knowledge of financial accounting is necessary to understand and achieve the goal of this course. Taking the Introduction to Accounting　course in advance is highly recommended.

Introduction to Accounting

Please note that the teaching approach may vary according to which threat level we are at: at level 1, this course will be held on campus, though at level 2, it will be held online.