FEDFACL10401 Principles of Accounting

Code	FEDFACL10401
Title	Principles of Accounting
Module	FEDFACL104 - Principles of Accounting
Department	FAC - Finance Auditing Accounting
Duration	24 h
ECTS credits	3 / 3 (erasmus)
Language	English
Description	The main objective of this course is to familiarize students with the fundamental concepts and practical applications of standard corporate bookkeeping practices. The course begins by providing a comprehensive overview of accounting principles and introduces various accounts and the accounting equation. It covers essential accounting documents such as the journal, General Ledger, and trial balance before diving into a detailed exploration of balance sheets and income statements. Additionally, the course delves into the analysis of ongoing transactions that impact the components of balance sheets and income statements. By the end of the course, students will have developed the necessary skills to accurately record these transactions in various accounting records and to prepare crucial financial statements, including balance sheets and income statements.
Objectives
Prerequisites	No prerequisite
Sustainable development	In order to implement the objectives of France's "Green Plan of Higher Education Institutions", each class considers the issues and stakes of Sustainable Development related to the subject matter being taught
Course sequencing
Method	Lecture with Powerpoint support (downloadable from the intranet), case studies and exercises.
Assessment	Written exam outside of class time (60 %) - Durée. 2h Continuous assessment (40 %)
Bibliography	Financial Accounting, 17, 2024, Carl Warren; Jefferson P. Jones; William B. Tayler Horngren's Accounting, The Financial Chapters, 14th Edition, 2024, Tracie L. Miller-Nobles and Brenda L. Mattison Introduction to Financial Accounting, Cengage Learning EMEA, 1997, Nobes Christopher, 9780043320907
Advised bibliography	- PARRUITE Michel (2013) ; Le meilleur du DCG 9 - Introduction à la comptabilité, 3e édition, Révision (Le meilleur du). - ru Marriott, J R Edwards, Howard J Mellett '2002) ; Introduction to Accounting, SAGE.