Course outline

School

Economics & Social Sciences

Department

Business Administration

Level of Studies

Undergraduate

Course code

202

Semester

2o

Course title

Accounting I

INDEPENDENT TEACHING ACTIVITIES

Weekly teaching hours
-

ECTS

4

5

Type of course

General background

Prerequisite course

ΝΟ

Language of instruction and exams

Greek

The course is offered to Erasmus students

YES

Course URL

Learning outcomes

This course aims to introduce the student to the basic concepts of Accounting and its role in Business. Upon successful completion of the course, students should be able to perform and know the following:

• Principles and assumptions of General Accounting.
• Balance sheet.
• Results of Use
• Accounting circuit and process
• Journal entries
• Universal, balances
• Inventory, Customization Records, Result Records and Transfer Records
• Accounting for fixed assets, stocks, customers
• Prepares a balance sheet and income statement.
• Informs, debits and credits accounts of the company according to its financial transactions.
• Corrects accounting errors.
• Distinguishes accounts according to their content and nature.
• Selects from the accounts of the Single General Accounting Plan the ones that are needed in order to correctly represent the transactions of a company.
• Values ​​the assets of a business (fixed assets, participations, securities, stocks, receivables, liabilities, cash, other assets) correctly.

General Skills

• Search, analysis and synthesis of data and information, using the necessary technologies
• Adaptation to new situations
• Decision making
• Autonomous work - Teamwork
• Work in an international environment
• Respect for diversity and multiculturalism
• Development of criticism and self-criticism
• Promotion of free, creative and inductive thinking

The content of the course includes the following topics:

Introduction to accounting.

Property-inventory-balance sheet.

Changes in assets and their monitoring with successive balance sheets.

The accounts (concept, significance, opening, operation, equation, closing).

The accounting data and books.

Accounting errors and their correction.

Distinguish accounts according to their nature or content.

Concept and operation of the accounts of the Unified General Accounting Plan.

Valuation of the company's assets (fixed assets, participations, securities, inventories, receivables, liabilities, cash, other assets).

TEACHING METHOD

face-to-face

USE OF INFORMATION AND COMMUNICATION TECHNOLOGIES

Use of information and communication technologies in teaching, laboratory education, communication with students.

Electronic communication with students, learning-process support through the “e-class” online platform.

TEACHING ORGANIZATION

STUDENT EVALUATION

Written final exam (70%) including:

Multiple choice questions

Analysis of roles and stakeholders in a brief case study

Solving problems related to the subject of the course

Comparative evaluation of theory elements

II) Individual or Group Project (30%)

The purpose of the project is to check the skills developed by the students in tools and services related to consumer behavior and their ability to plan and implement a project in a group or autonomously.

• Introduction to Financial Accounting, Powers Marian, Needles Belverd
• Principles of Financial Accounting - Financial Analysis and Decision Making, Dimitrios Vassiliou, Nikolaos Iriotis, Dimitrios Balios
• Related scientific journals:

1. Accounting, Organizations and Society.
2. Journal of Accountancy.
3. Accounting and Business.
4. Practical Accounting.
5. Accounting Research Journal.