جامعة العلوم التطبيقية الخاصة
( ج.ع.ت)
عمان – الأردن
/ / APPLIED SCIENCE PRIVATE UNIVERSITY
(A.S.U)
AMMAN - JORDAN

فلنـجعل مـن أردن العـرب جامعة للـعرب

Subject Name
/
Credit Hours
/
Course No.
/
Prerequisite
/
Concurrent course
Corporate Accounting
/
3
/
303214
/
303102
/ 303207
Coordinator Name
/
Lecturer
/
Room No.
/
E-mail
/
Office Hours
Dr. Ahnaf Alsmadi
/ / / / 12-1 Sun, Tue, Thu
10-11 Mon, Wed

Course Objectives:

Knowledge and understanding of the differences between forming partnerships and corporations and related accounting treatments. In addition, develop practical skills to use appropriate standards to prepare financial statements.

Course Description:

Identification of partnership and corporation companies, the processes for the formation of the company, capital and property rights, profits and losses, liquidation, merger, preparation of financial statements.

Intended Learning Outcomes :

After studying this course the student should be able to:

1.  Prepare entries for forming and liquidating a partnership.

2.  Explain accouting issues related to the issuance of ordinary and preferred shares.

3.  Apply appropriate standards to prepare the income statement, statement of financial position and statement of cash flows.

Course Contents :

Week

/ Topic Details / Reference (chapter) / Assess-ment
1-4 / Introduction + Accounting for partnerships / 12
5-9 / Corporations: Organization , share Transactions , dividends, and retained earnings / 11
10-11 / Income Statement and related Information / 4
12-13 / Statement of Financial Position / 5
14-15 / Statement of Cash Flows / 5
16 / Final Exam

Grade Distribution :

Assessment / Grade / Date
- First Exam / 20%
- Second Exam / 20%
- Assignments ( Reports /Quizzes/ Seminar / Tutorials ….) / 10% / ----
- Final Examination / 50% / ----

* Make-up exams will be offered for valid reasons. It may be different from regular exams in content and format.

Main Reference:

- Weygandt, J., Kimmel, P., Kieso, D. (2014), Financial Accounting IFRS, 2nd Edition, John Wiley & Sons, Inc.

Other References:

- Weygandt, J., Kimmel, P., Kieso, D. (2010), AccountingPrinciples, 9thEdition, John Wiley & Sons, Inc

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