School of Business

Department of Accounting &Finance

Course Name:
Introduction to Financial Accounting
Course Code ACT 201
Semester: Spring 2025
INSTRUCTOR & DEPARTMENT INFORMATION

1. Instructor Name: Dr. Mohammad Islam Biswas (MIBS)

2. Office: NAC 758
3. Office Hours: Sunday to Wednesday

4. Office Phone: Phone: +880-2-55668200 Ext: 6056

5. Email Address: [email protected]

6. Department: Department of Accounting & Finance (DAF)

7. Links: North South University Website: http://www.northsouth.edu

School of Business Website: http://www.northsouth.edu/academic/sob/
Course Website: www.northsouth.edu/canvas/

COURSE & SECTION INFORMATION

Class Time & Section 15: ST 9.40 AM- 11.10 AM, Room# NAC 310
Location Section 16: ST 11.20 AM- 12.50 PM, Room# NAC 310
Course MAT 112 (if required)
Prerequisite(s)
Course Credit Hours 3:0

Course Description This course focuses on the application of basic Accounting principles to undertake
transaction recording and summary functions. Topics to be covered include
journalizing transactions, setting up financial statements and undertaking basic
valuation of assets.

Course Objectives 1. Understand the issues facing firms in the real world when undertaking
accounting of transactions and setting up summaries of financial health of the
company
2. Learn about the sphere of the study of Accounting and approaches of general
basic Accounting practices
3. Develop an appreciation of basic accounting principles to enhance firm
responsiveness to internal and external business forces

Student Learning After the completion of the course, students will be able
Outcomes ● To develop a record of transactions that have been undertaken by a
business assigning values under the correct headers
● To setup financial ledgers to identify a summary balance for a period
● to setup financial statements for a period
● to identify adjusting entries and develop journal entries and ledger postings.
● To value assets properly and assign proper adjustments for use and

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deterioration

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LEARNING RESOURCES AND TEXTBOOK(S)

Text Book(s)

Author Edition & Year Publisher ISBN

Title
Jerry J.Weygandt, Paul D. Accounting Principles 12th Edition, Wiley 978-
Kimmel, Donald E. Kieso
International 1118342084
Student
Version,
Wiley

2016
Bangladesh
Reprint

Others (Reference Books, CD ROMS, DVDs, e-Library, Internet, Articles, …)

Resource Type Description Type Comments

1. Internet Business news and Accounting Seeing Accounting issues in

information Concepts real business practices

2. Articles Discuss accounting Academic Get a sense of Accounting

issues and Trade theories and practices.
articles

TEACHING STRATEGY (Online, classroom, blended, self-

directed through CD, web-based courses and DVD,…)

The class will be conducted through various activities including presentation of concepts and situations,
discussion and exchanges of ideas, student initiative and active involvement, cases reflecting real world
context, and project. Students are expected to actively involve and to take initiative for their own learning
experience.

ASSESSMENT STRATEGY AND GRADING SCHEME

Grading tool
Points
Quizzes 15%
Midterm 20%
Midterm 25%
Final Exam 25%
Assignment/Project 10%
Attendance 5%

Please Refer to NSU Student Handbook, Section: “Grading Policy”

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CLASSROOM RULES OF CONDUCT

1. You may use your laptops in the class for class related work. Do not use your laptop for non-class related
work or in any manner that will be distracting to other students or the instructor.

2. Use of cell phones in class is not permitted.

3. Students are advised to frequently refer to the Student Handbook of North South University on the
following link: www.northsouth.edu/canvas/

4. Academic Integrity Policy:

School of Business does not tolerate academic dishonesty by its students. At minimum, students must not
be involved in cheating, copyright infringement, submitting the same work in multiple courses, significant
collaboration with other individuals outside of sanctioned group activities, and fabrications.

Students are advised that violations of the Student Integrity Code will be treated seriously, with special
attention given to repeated offences.

Please Refer to NSU Student Handbook, Sections: “Disciplinary Actions” and “Procedures and Guidelines”.

QUIZZES POLICY

EXAMS & MAKE UP POLICY

In order to complete the course, students must sit for the exams. Make-up exams are not given unless there is
a major circumstance preventing the student from sitting in the exam (official material evidence is required).
The timing of the make-up is to be fixed with the instructor of the course if granted.

Cell phones are prohibited in exam sessions.

You are expected to attend all quizzes. The number of and criteria by which quizzes count towards your final
grade will be at the discretion of the instructor. There will be no make up for any quiz.

ATTENDANCE POLICY

Students are required and expected to attend all classes and participate in class discussions. North South
University mandates to fail students who are absent 25% or more from their classes, even if such absences are
excusable.

Please Refer to NSU Student Handbook, Section: “Study Principles and Policies”

APPROPRIATE USE POLICY

All members of the North South University community must use electronic communications in a responsible
manner. The University may restrict the use of its computers and network systems for electronic
communications subject to violations of university policies/codes or local laws or national laws. Also, the
university reserves the right to limit access to its networks through university-owned or other computers, and
to remove or limit access to material posted on university-owned computers.

STUDENTS WITH SPECIAL NEEDS

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North South University will provide educational opportunities that ensure fair, appropriate and reasonable
accommodation to students who have disabilities/special needs that may affect their ability to participate in
course activities or meet course requirements. Students with disabilities are encouraged to contact their
instructors to ensure that their needs are met. The University through its Special Need section will exert all
efforts to accommodate special needs.

Pls contact administrative services for support in this regard.

Please Refer to NSU Student Handbook, Section: “Special Needs Services”

STUDENTS SUPPORT AND LEARNING RESOURCES

A. SOB-Learning Center:
B. The University Student Learning Support Center (SLSC): These centers provide academic support services to
students at NSU. The SLSC is a supportive environment where students can seek assistance with academic
coursework, writing assignments, transitioning to college academic life, and other academic issues. SLSC
programs include: Peer Tutoring, the Writing Lab, Writing Workshops, and Academic Success Workshops.
Students may also seek confidential academic counseling from the professional staff at the Center.

Students Learning & Support Center (SLSC)

Please contact administrative services, Library and the department for support in this regard.

STUDENTS COMPLAINTS POLICY

Students at North South University have the right to pursue complaints related to faculty, staff, and other
students. The nature of the complaints may be either academic or non-academic. For more information about
the policy and processes related to this policy, you may refer to the students’ handbook.
Please Refer to NSU Student Handbook, Section: “Student Leaning Support Center”

COURSE CONTENTS & SCHEDULE

No
Topic Date/week
1. Accounting in Action 1st week (Lec 1 2 & 3)

2. The Accounting Process 2nd week (Lec 4 & 5)

3. Adjusting Accounts 3rd week (Lec 6 & 7)

4. Review and Midterm Exam 1 4th (Lec 8)

5. Completion of the Accounting Cycle 5th week (Lec 9 & 10)

6. Accounting for Merchandising Operations 6th week (Lec 11 12 & 13)

7. Inventories (all methods for valuation) 7th week (Lec 14 & 15)

8. Review and Midterm Exam 2 8th week (Lec 16)

9. Internal Control and cash (Bank Reconciliation) 9th week (Lec 17)

10. Plant Assets, Natural Resources and 10th (Lec 18 19 & 20)
Intangibles
11. Statement of Cash Flows (Indirect Method) 11th week (Lec 21 & 22)

12. Financial Statement Analysis 12th week (Lec 23 & 24)

13. Final Review TBA

Note: The instructor reserves the right to make changes to the syllabus if necessary.

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