As a first step towards realizing the vision and mission of the SEU, the CAFS began establishing the following academic departments: Department of Business Administration, Department of Finance, Department of Accountancy, Department of E-Commerce. Providing high-quality distance academic e-learning programs that contribute to the realization of the University's vision and objectives in all areas of the CAFS specialization, leading. Bachelor of Science in Accounting February 2020 2 for graduating students who have the necessary skills and academic knowledge in the field of administration and finance.
To be one of the most prominent Colleges of Administration and Finance in the Middle East by offering well selected programs and using IT in teaching and research. This program will greatly contribute to the rest of the programs in the college, to provide qualified human resources needed to promote and adapt the national economy to be among the leading economies in the world using online learning, which is the main goal of the Electronic University Saudi. . The Bachelor of Science in Accounting program aims to prepare graduates and develop their skills and abilities to keep pace with the needs of the labor market in public and private organizations.
An effective use of the learning technologies to achieve the learning outcomes of the programme. Bachelor of Science in Accounting February Develop the students' abilities in quantitative methods so that they can make.
Commerce Concentration
Total 13
Admission Requirements for the program
LEARNING FACILITIES AND EQUIPMENT
- Facilities required
- Classrooms
- Equipment (including IT)
To graduate from the program and obtain the bachelor of sciences certificate, students must complete all 130 credit hours, including the internship course.
UNIVERSITY REQUIREMENTS
COURSES’ DESCRIPTIONS
LEVEL THREE
Course
Code Course Title
Credit Hours
Pre-requisites
COURSE DESCRIPTION
This course is an introduction to accounting that emphasizes how general purpose accounting communicates information about the company's performance and position to users outside of management. About a third of the course emphasizes how the accountant processes and presents the information and includes exposure to recording transactions, adjusting balances and preparing financial statements for service and goods businesses according to established rules and procedures. The balance sheet of the course examines the most important elements of the statements such as cash, receivables, inventory, long-lived assets, depreciation, time value of money, wages, bonds and other liabilities and stocks.
Develop to use critical thinking skills to examine financial data as well as the effects of different financial accounting methods to record business transactions. Prepare to journalize and post accounts to the general ledger using double-entry accounting procedures and perform the steps in the accounting cycle to include preparing trial balances, adjusting financial statements, and closing entries. The ability to apply the cash flow statement theory, upon completion, to evaluate the company in terms of its sources and use of cash and cash equivalents.
Calculate the cost of inventory under the various inventory systems and to describe the presentation of long-lived assets in the financial statements. Financial Accounting: Information for Decisions (5th Edition), 2011 with CONNECT PLUS Access Code, Franklin University Edition.
LEVEL FOUR
Pre- requisites
URSES’ DESCRIPTIONS
LEVEL FIVE
After reviewing how accounting functions as an information development and communication system that supports economic decision making and provides value to entities and society, students will discover the uses and limitations of financial statements and related information and apply analytical tools in making both business as financial decisions. Topics explored include those related to companies' financial position, operating results, cash flows and financial strength. Students will study the basic accounting system and demonstrate how the various accounting alternatives for recording financial transactions affect the usefulness of the information provided for decision making.
While covering relevant topics, reference will be made to recent failures in ethical reporting and the resulting impact on the financial markets and society. Use and application of accounting concepts, principles, conventions, registration of basic accounting transactions and preparation of annual accounts. Compare to recognize income and expenses, valuation of assets and liabilities by applying the accounting principles to hedge them.
Demonstrate with spreadsheet, interpret and evaluate financial data and accounting information to inform economic decision making in organizations. The ability to understand and interpret the accounting information contained in the financial reports in order to evaluate the overall financial performance of the accounting entities.
OURSES’ DESCRIPTIONS
LEVEL SIX
This course provides students with practical accounting procedures with an emphasis on job order process costing, standard costing and profit planning including differential costing, internal profit and pricing policies, and capital budgeting. Identify the nature of the various costs incurred within the business entity and the implications of such costs for the business using methods such as job order costing. Explain the critical trade-offs that exist between total cost and sales volume in determining desired profit objectives by applying various cost-volume-profit analysis methods.
It deals with advanced issues in accounting, which are mainly related to large companies with many branches and which require a consolidation process to prepare the financial statements of the entire company. In addition, the course highlights the activities of multinational corporations, the partnerships and the accounting of general and special government funds. Critically understand and evaluate the principles underlying the accounting of complex transactions involving business combinations, group reporting of domestic and multinational companies.
Identify the issues related to consolidation theories by mapping the structures with International Financial Reporting Standards, applying relevant concepts and analyzing accounting information within the complex economic environment. Analyze accounting standards applicable to voluntary disclosure at acquisition and its impact in subsequent years for both wholly and partially owned subsidiaries while reporting in different countries. Evaluate the issues relevant to the recognition of accounting elements and be able to prepare the consolidated financial statements.
Obtain a translation of the financial statements of a foreign subsidiary using the relevant international accounting regulations adopted by different countries. Explain the goals of nonprofit organizations and present them with appropriate guidelines and find ways to reinforce ethical behavior.
LEVEL SEVEN
Richard Baker, Theodore Christensen & David Cottrell: Essentials of Advanced Financial Accounting, McGraw-Hill/Irwin; 1 issue (February 23, 2011). A study of planning, gathering evidence, reviewing internal control, sampling, and applying the procedures used to audit the assets, liabilities, equity, and related income statement accounts of a for-profit enterprise. Includes an assessment of the auditing profession including the professional standards, ethics and responsibility of CPAs.
Reporting requirements for compilation and review services and an in-depth study of the types of audit reports will also be examined. Evaluate the internal control system and audit program design, gathering audit evidence including statistical sampling and analytical reviews, evaluating audit evidence and arriving at audit opinions. Course Description: This course creates a framework for accounting information systems by combining knowledge about business as it relates to information systems, information technology, and accounting.
Students will examine the REA enterprise ontology as it relates to databases that can be used to store and retrieve information for decision making within an organization. Explain basic concepts of Accounting Information Systems, business processes and the application of Accounting Information Systems in businesses and organizations. Compare and contrast the role of the accountant and the unique control challenges presented by computerized accounting systems.
Interpret and analyze using flowcharts, flowcharts and evaluate the differences between computerized systems and manual systems. Design and develop empirical research studies in accounting and finance by adopting and applying scientific methods and thinking in research.
COURSES’ DESCRIPTIONS LEVEL EIGHT
Lessors and Lease Accounting Learning Resources
This course is designed to provide a framework for understanding the specific accounting and reporting requirements of nonprofit organizations. Explain the accrual basis of accounting used by state and local governments and some types of other nonprofit organizations to solve the problems these entities face. Analyze and record in the appropriate fund the total cash transactions of state and local governments in accordance with the standards established by the Governmental Accounting Standards Board and examine their current practices.
Identify the fund accounting cycle for recording the monetary transactions of state and local governments and other nonprofit organizations. Explain and apply generally accepted accounting principles and identify the sources of authority related to specialized forms of nonprofit organizations, including colleges and universities, hospitals, and other nonprofit health and welfare organizations.
Analysis of Financial Statements and Financial Condition
The purpose of this course is to introduce the students to basic accounting procedures and premises within the specific area of insurance accounting. Emphasis is placed on fundamental differences between insurance accounting compared to corporate accounting, including the Islamic approach to insurance (Takaful). Students will be taught basic terms in valuation, financial placement and technical reserves, focusing on specific issues in commercial insurance companies in accordance with KSA law and Islamic Sharia.
Examine the various financial statements of insurance companies and be able to make effective formal and informal presentations of insurance policies and their risk parameters. Examine various risk management tools and techniques from an Islamic point of view and understand the terminology on reinsurance accounting.
