Course Description

Home Academic Programs Bachelor of Bachelor of Accounting and Auditing - Cooperative

Course Description - Bachelor of Bachelor of Accounting and Auditing - Cooperative

Bachelor of Bachelor of Accounting and Auditing - Cooperative

About

Study Plan

Course Description

Advising Plan

15200106: ُEnglish (1) [3 Credit Hours]

English 1 is a theoretical, 3-credit hour university requisite, and a general English Course which
is designed to serve all BA and BSc Students of (PTUK) in all faculties. This course aims at
developing students’ repertoire of the English language main skills as well as sub-skills through
providing them with broad varieties of language patterns, grammatical and structural rules, and
vocabulary items that can enable them to communicate meaningfully within ordinary and
real-life contexts and situations. This course is also oriented towards equipping students with
the skills they need to comprehend texts, contexts, and situations that are related to ordinary
and real-life topics. Throughout this course, students will be exposed to a wide and various
aural inputs in order to broaden and deepen their skills in listening, judgment, and critical
thinking. Students of this course are expected to acquire and practice the skills they need to
maximize their capabilities to express opinions about ordinary and real life topics both orally
and in a written format, which will help in widening the students’ academic horizon.

14110311: Local Business Legal Environment [3 Credit Hours]

In this, course students study the nature and development of Local business legal environment,
Laws implemented locally in Business, accounting and management on the public and private
sectors. Including the definition of commercial companies, their types, and their dissolution.
The course also provides tackles banks in terms of their definition, and their role in economy. In
addition, the course talks about Palestine Monetary Authority and The Palestine Capital Market
Authority.

14201014: Audit II [3 Credit Hours]

This course applies the concepts from Audit I to the audit of revenues process, purchasing
process, the inventory process human resource management process .it includes auditing the
related balance sheet accounts as cash and investments, current assets, fixed assets,
intangible assets current liabilities. Long term liabilities and Equity. Also includes auditing the
subsequent events and Use statistical techniques in auditing tests.

14201020: Professional Training III [12 Credit Hours]

This practical period aims to complete the student's three-month training plan in the labor
market within more comprehensive assignment including accounting and Auditing skills. With
supervision, they are used to work on their own and to deliver their problem solutions in time. At
the end of this practical session, student has to document his work as a practical report and to
provide a presentation for discussion. The following list contains some examples of the
knowledge and skills to be acquired during this practice period: 1. Filling in cost center data. 2.
Prepare financial reports for a number of non-profit organizations (associations, clubs, etc.). 3.
Preparation of revenue sources disclosure for non-profit organizations. 4. Identify the cost
systems in place for a number of taxpayers. 5. Prepare income statements for industrial
companies. 6. Prepare accounting treatment of production costs. 7. Evaluate industrial scrap
and associated waste costs. 8. Evaluate defective production costs. 9. Analyze cost systems of
some establishments. 10. Prepare auditor reports for a number of projects 11. Audit receipts
and bonds 12. Audit liquidity, inventory and fixed assets 13. Identify the mechanism for
selecting the random sample size that will be examined by audit 14. Search for accounting
errors and correct them 15. Evaluate the internal controller system of at least one company 16.
Identify capital audit procedures in individual projects 17. Identify the auditor's responsibility for
financial statements accuracy 18. Determine and identify the types of audit reports
14140101: Principles of Microeconomics [3 Credit Hours]

This course enables the students define the theories and concepts of microeconomics
includes: microeconomic theory of demand and supply, flexibility and balance, consumer and
enterprise behavior, decision-making processes, production and costs, types and
characteristics of markets in the context of competitive and monopoly markets and oligopoly.

14140102: Macroeconomics [3 Credit Hours]

Introducing the student to the terms and theories of the national economy, the importance of
studying it, distinguishing between it and microeconomics, explaining financial and monetary
policies, components of methods for measuring national income, consumption, investment
(government spending), national income (national output), wages, unemployment, inflation.

14140307: Economic Feasibility and Projects Evaluation [3 Credit Hours]

This course introduces the student to the different forms of investment and the decision
making process for the case of a certain-type, probable-type and unknown future-type
investments. It also covers studying the market, economic feasibility criteria, technical matters,
site selection criteria within industrial zones in addition to assessing the efficiency of economic
activities.

14130223: ComputerApp. in Accounting [3 Credit Hours]

A hands-on study of the market leading business accounting software, Bisan program.
Emphasis is placed on using Bisan program to record transactions and report financial
information for both new and existing businesses. Students will also learn how to use Bisan
program to analyze the performance of the business.
14130224: Cost Accounting [3 Credit Hours]

This course aims to provide students an introduction in cost accounting course and its
relationship with other courses, study the elements and types of costs , methods of allocating
of indirect costs. Also, this course aims to improve students' knowledge of the accounting
systems in industrial companies, preparing financial statements for industrials companies
using order costing system and process costing system. In addition, determining how to
allocate supporting units’ costs. Finally, cost allocation for joint products and byproducts

14201019: Professional Training II [4 Credit Hours]

This practical period aims at completing the student's training plan with the same partner
company. At the end of this practical session, student has to write a practice report and to
submit it to their academic supervisor. The following list contains some examples of the
knowledge and skills to be acquired during this practice period: 1. Bookkeeping 2. Prepare the
bank settlement memorandum and its benefits statement 3. Correct number of accounting
errors 4. Remember banking operations and newly opened bank accounts 5. Process bad debt
according to the method adopted by the accounting office. 6. Preparation of monthly purchases
and monthly sales. 7. Prepare and fill in value added tax (VAT) forms. 8. Prepare and fill
withholding tax files. 9. Prepare income tax forms for a number of companies. 10. Prepare a
statement of capital gains and capital losses

15200104: Social Services [1 Credit Hours]

Students perform voluntary work such as donating blood, repairing homes, tourist trails, or
holding educational workshops at the university, and the student is committed to training or
working for 40 hours.

14131101: Financial Accounting (1) [3 Credit Hours]

This course is an introduction to the basic concepts and standards underlying financial
accounting systems. Topics like definition and objective of financial accounting and reporting,
the accounting equation, double entry system, the accounting cycle that consists of recording
transactions through Journal Entries, posting those Journals to T-Ledger Accounts, and
preparing Trial Balance will be covered. The course will also cover the construction of the basic
financial statements - the income statement, balance sheet, and cash flow statement - as well
as their interpretation.

14110415: Corporate Governance [3 Credit Hours]

This course aims to be acquainted with the concept of governance, its principles, the
international environment for its development, as well as the local environment through the
corporate governance code in Palestine. It also sheds light on the element of internal and
external control and risk management, as well as identifying the role of governance in social
responsibility. The course contains various practical experiences.

14130435: International Acct.Stds. [3 Credit Hours]

This course discusses the International Accounting Standards (IAS) on the one hand, and the
International Financial Reporting Standards (IFRS) on the other hand. In the first place, it
considers the conceptual framework for financial reporting issued by the International
Accounting Standards Board (IASB) in theory and in practice. This course deals with IAS/IFRS in
terms of their origins and definitions, and linking them with what was studied in the principles of
accounting, intermediate accounting, advanced accounting, etc. Furthermore, this course, also,
identifies the objectives, scopes, and definitions of these standards. In addition, it illustrates the
related provisions concerning the preparation and presentation of financial reporting, under
these standards.

14130338: Fin. STMT An. Using CMP [3 Credit Hours]

In this course, students learn how to analyze firms' financial statements and disclosures to
determine how a firm's particular accounting choices reflect the underlying economics of the
firm. Ratios and techniques of the two types of analysis: Vertical (Common Statement Analysis)
and horizontal analyses will be detailed. As a result, the course strengthens students' ability to
use financial statements as part of an overall assessment of the firm's strategy and valuation.
The course provides both a framework for and the tools necessary to analyze financial
statements. At the conceptual level, it emphasizes that preparers and users of financial
statements have different objectives and incentives. At the same time, the course is applied and
stresses the use of actual financial statements. For example, students learn how to detect when
firms are managing earnings and/or balance sheets. It draws heavily on real business problems
and uses cases to illustrate the application of the techniques and tools. In this regard, it will be
useful that instructor requires students to apply the techniques learned in analyzing Actual
Financial Statements published by a Palestinian firm and submit a report as part of evaluation
of students.

14130423: Accounting Theory [3 Credit Hours]

The objective of this course is to provide the student with the opportunity to obtain a sound
knowledge of normative, positive and critical theories of accounting. The course designed to
give students a basis of reflection concerning central parts of the theoretical fundament of
financial accounting by introducing the nature of theories and alternative forms of logic. The
conceptual framework and key contemporary and historical accounting issues are covered,
highlighting the role of theory in understanding current accounting standards, accounting
practice and the use of accounting information by the myriad stakeholders in reporting entities.
Throughout the course examples of the relationship between theories of accounting and
decisions facing real people (accountants and financial statement users) are highlighted.

14201011: Tax Accounting [3 Credit Hours]

Definition, important, of tax special issue to Palestine tax and it’s important to Palestine
economy, direct and indirect tax, calculation income tax for different categories of tax payers,
value added tax (VAT) and its calculation, customs tax and other different types of tax.

14201017: Technical Writing for Accountants [3 Credit Hours]

Examination and application of effective written business and accounting communications.

This course focus how the accountant write reports for example progress report, financial
analyses report, and progress report … etc.

14213101: Modern Issues in Accounting [3 Credit Hours]

This course introduces contemporary issues in accounting such as corporate social and
environmental reporting. Financial accounting regulations, standard setting and conceptual
framework for financial reporting; Earnings management ,returns; Corporate governance and
corporate failure .

14160101: Marketing Principles [3 Credit Hours]

The course aims to introduce students to the system of contemporary marketing methods and
to clarify the meanings of marketing mix elements (product, pricing, distribution, promotion and
methods of product planning). It also covers different studies including consumer behavior,
market division and marketing strategies.

14130313: Financial Institutions Accountig [3 Credit Hours]

This course provides students with a comprehensive overview of the accounting process
carried out in Palestinian banks. It also looks at the process of preparing the final accounts in
banks and identifies the main components of these accounts. In addition, the student will be
familiarized with insurance companies’ accounting system which includes: books and records,
processing insurance operations and end of year final accounts. While addressing practical
applications in the accounting procedures, it deals with the preparation of financial statements
and final accounts of banks in general, commercial banks in particular, and insurance
companies.

14110314: Scientific Research Methods [3 Credit Hours]

This course aims to introduce students to the scientific research methods (descriptive,
experimental and historical), as well as to develop their skills in using references and selecting
the research network. It also covers skills on how to prepare research plans for theoretical and
applied scientific research works armed with sound scientific documentations.

14130221: Intermediate Accounting II [3 Credit Hours]

This course is the second of two intermediate accounting courses. It is designed to discuss the
advanced issues relating to impairment and depreciation of fixed assets, depletion of natural
resources, amortization and impairment of intangible assets, current and long-term liabilities.

14130222: Acc. Information Systems [3 Credit Hours]

This course discusses in details overview of accounting information systems. The information
system: an accountant’s perspective. Accounting information systems subsystems, a general
model for accounting information systems. Ethics, fraud, and internal control. Transaction
cycles and business processes, The revenue cycle. The expenditure cycle Part I: purchases and
cash disbursements Procedures. The expenditure cycle Part II: payroll processing and fixed
asset Procedures. The conversion cycle. Financial reporting and management reporting
systems.

15200102: Arabic Language [3 Credit Hours]

The course aims to develop the students’ cognitive abilities and communication skills in Arabic
language by introducing Arabic dictionaries, spelling and grammatical errors, and familiarizing
them with ancient and modern Arabic literary models including models from the Holy Qur’an.

14120101: Principles of Management [3 Credit Hours]

This course aims to enable the students identify the importance of management and recognize
its types. It also covers the differences between business management as opposed to public or
official administration. In addition, the course discusses differences between traditional and
modern management schools, the scientific study schemes they include and their
decision-making processes.

14110309: Business Language [3 Credit Hours]

This course introduces the student a good outcome from the technical scientific terms used in
administrative science. It helps students to understand the vocabulary and expressions
contained in various administrative, commercial and financial fields. The student will also be
familiar with the principles of communication and its related aspects as well as writing business
correspondence in the English language in addition to the types of such correspondence.

14130220: Intermediate Accounting I [3 Credit Hours]

This course is the first of two intermediate accounting courses. It is designed to discuss the
theoretical foundation of financial accounting, basic issues related to measurement, reporting
of financial statements, and disclosure issues related to current assets. Also, the course
provides information relating to revenue recognition.

14130315: Advanced Accounting [3 Credit Hours]

The curriculum is designed to teach (1) critical reasoning skills in topics under mergers &
acquisitions and financial instruments in foreign currency. (2) business functions by covering
advanced topics in accounting such as consolidated financial statements, financial instruments
in foreign currency, (3) quantitative and technical skills used in advanced topics in accounting.
(4) Domestic and global environment through the topic of foreign currency transactions and
translations of financial statements of foreign companies.
14130422: international Accounting [3 Credit Hours]

This course discusses Worldwide Accounting Diversity, International Convergence of Financial

Reporting, International Financial Reporting Standards, Foreign Currency Transactions,
Translation of Foreign Currency Financial Statements, Auditing and Corporate Governance from
an International Perspective, and International Sustainability Reporting.

14201015: Computer Application in Auditing [3 Credit Hours]

This course talks about auditing the financial statements of companies using the computer.
The electronic accounting information system will be discussed in it. In addition to the most
important software that can be used in the process of designing accounting systems, as well as
the Excel software in the audit process.

14201018: Professional Training I [4 Credit Hours]

This practical period is designed to enable students in AACT to link the labor market in which
they will get familiar with the fundamentals of the accounting system. All required tasks and
skills are determined in the training plan. At the end of this practical session, student has to
write a practice report and submit it to their academic supervisor. The following list contains
some examples of the knowledge and skills to be acquired during this practice period: 1.
Identify with the nature, policy, and stages of the accounting firm’s work. 2. Identify and be
familiar with the forms and documents used in the department of accounting and auditing. 3.
Register accounting entries in the “American” daily log books/ journals. 4. Prepare the audit
balance for a number of taxpayers. 5. Prepare adjusting entries for goods. 6. Evaluate the goods
of the last period according to the method adopted and used in Palestine. 7. Prepare the trading
account and the closing entries. 8. Prepare financial statements for at least one taxpayer. 9.
Process adjustment entries for inventory 10. Handle the ownership of fixed assets in different
ways 11. Prepare inventory statements for a number of assets. 12. Register accounting entries
in the “American” daily log books/Journals
13010007: Communication Skills [1 Credit Hours]

The course introduces the student to concepts, theories and skills in the field of human
communication in Arabic and English, and provides him with basic skills in the field of
communication with himself and with others through the art of recitation, dialogue, persuasion,
negotiation and leadership, to enhance his practice in his daily and practical life using new
methods based on diverse and effective training and evaluation. In addition to the knowledge of
electronic communication and social intelligence, as well as enabling the student to write his CV
and conduct a personal interview in Arabic and English. The course aims to develop the
student's skills on written, oral and electronic communication and the use of body language in
order to improve the abilities to communicate with others in general, in addition to the students'
abilities to send and receive in the study and work environment in particular.

14110101: Principles of Finance (1) [3 Credit Hours]

Topics treated in this course include definition of the time value of money, relationship between
return and risk, appropriate financing foundations for companies, ways of measuring risks and
their types, profit polices of companies, cost of capital, and optimal capital structure.

14130204: Firms Accounting I [3 Credit Hours]

This course discusses partnership accounting including formation, operations and distribution
of profit &loss for partners, Legal forms of companies, and the provision of capital, Partner
withdrawals and, Partners' loans, Partners' salaries and Bonus, accounting treatment for
liquidation. In addition, it discusses the establishment of corporate, the capital and its shares,
increasing the share capital of the public shareholding company at nominal value and at a
premium, ways to increase capital and ways to reduce capital, accounting for dividends and
retained earnings. accounting for Investment in (bonds and shares) finally the accounting for
corporate liquidations

14130309: Managerial Accounting [3 Credit Hours]

This course deals mainly with the concepts, procedures, and quantitative methods needed to
measure and analyze the necessary accounting information for the purposes of planning,
controlling, and making managerial decisions at different levels in the companies. It includes
such topics as cost classification and behavior, cost- volume-profit analysis; relevant cost for
decision making, pricing decision; relevant and irrelevant information for decisions; budgeting,
and operational and capital budgets.

14130418: Acc. for Nonprofit Organizations [3 Credit Hours]

The course discusses the governmental accounting system and its basis, cash basis,
obligations and modified accrual basis. It also deals with the governmental budget and its
significance under the Palestinian Authority, how to control funds, and finally, the issuance of
financial reports and final statements.

14201012: Graduation Project [3 Credit Hours]

The goal of this course is to develop the ability to conduct empirical research on accounting.
This course will be a discussion of particular problems related to the student’s chosen topic and
areas of interest which will lead them to conduct empirical research.

14201013: Audit I [3 Credit Hours]

This course deals with the theoretical aspects of auditing. It deals with the definition of auditing
and its objectives, types of audit, possible errors, fraud and its causes and how take corrective
measures. It also determines the responsibility of the auditor for discovering such errors. The
course also covers the common auditing standards, professional codes of conduct and
disciplinary procedures resulting from auditor's breach of such codes. In addition, the course
discusses the auditor's report in terms of collection of evidence and internal control procedures.
15060105: Princ. of Stat. for Admin. [3 Credit Hours]

This course is an introduction to statistical methods and concepts applied to business and
economics data. The topics include descriptive statistics, graphical representation of data,
expectation and variance of random variables, Sampling distributions, confidence intervals,
hypothesis testing, Correlation and regression, introduction to time series, index numbers.

14131102: Financial Accounting (2) [3 Credit Hours]

This course provides information about the principles of internal control and how companies
recognize account receivable and plant assets, also explain current and long term liabilities. The
course will also cover the how to account for natural resources and intangible assets.

14201016: Internal Auditing [3 Credit Hours]

This course deals mainly with Concepts and principles related to auditing and internal control,
as well as the scope, importance and function of auditing within organizations, in addition to the
most important standards of auditing and internal control on which the practices and activities
involved in the internal audit process are based.it include also Defining and evaluating the types
of audit evidence, preparing the audit reports, and the foundations of rational government,
foremost among which is risk management and auditing.

15200099: Pre-English [3 Credit Hours]

Remedial English: The course is a compulsory service course offered for first year students. It is
a prerequisite for E1 and it focuses mainly on the language learning skills: listening, speaking,
reading and writing. The course is intended to equip the students with basic skills necessary for
successful communication in both oral and written forms of the language. In addition to
grammar and how to use vocabulary in a meaningful context.
Logo

Palestine Technical University - Kadoorie (PTUK) looks forward to becoming a leading state
university and a hub for scientific research...