1.B. FinAccts Guidelines

7/28/2019 1.B. FinAccts Guidelines

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FINANCIAL ACCOUNTING

(for Managers/Entrepreneurs)

Welcome to the class ofExecutive MBA (2010-13)

Your SEMESTER I has started


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Attendance

100% compulsory (min. 75% for appearing for

examinations)

Late coming will not be allowed. Late comers

will have to quietly enter the class and occupyseat, without disturbing others or the class.

Remember to request the faculty to mark

attendance at the end of the class.

Attendance and punctuality will affect

internal marks.


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Accounting for Managers

Policies and Guidelines:

Purpose of these guidelines:

1. To provide students with an input into the

structure and contents of the course. 2. To focus on the rights and obligations of both

student and the instructor or faculty.

3. To foster collaborative learning and to

encourage individuals to take responsibility fortheir training both during and after completion ofthe course.


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Policies and guidelines

The student agrees and accepts:

1. the individual and collective responsibility of obtainingand becoming familiar with a copy of the course outline.

2. to avail themselves of copies of the required readings

and to duly undertake the assigned readings. 3. to be in possession of the computer skills necessary

to send and retrieve MS Word, Excel and Power Pointdocuments via the internet.

4. to regularly conduct searches via the World Wide Webor journals maintained by the library of the University orCollege or from any other external source.


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Student agrees and accepts:

5. to visit suggested websites as necessary toobtain materials relevant to the course.

6. to read recommended material prior toeach class.

7. to attend all classes in the absence ofextenuating circumstances. 100% attendance inthe class and for internal quizzes or tests is

mandatory. There will not be any reminder onthis requirement. There will not be any Re-Quiz for absentees.


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Student agrees and accepts that:

8. to participate in class room discussions in a

meaningful, purposeful and constructive

manner. 9. to share all relevant information with other

scholars in the class.

10. presentation of other peoples work as theirown represents the worst form of academic

misconduct, liable for punishment.


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The faculty agrees:

1. to teach each student fairly and impartially.

2. to respect the opinions and ideas of all

students.

3. to make himselfavailable for consultations

to students or groups.

4. to ensure that instruction for the course isdelivered at highest possible academic

standard.


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Faculty agrees that:

5. to ensure that sufficient study material ismade available to students in library.

6. to maintain ongoing consultation withthe students to ensure that the course is,at all times, meeting the needs of the

students and the business. 7. to be punctual at all times except in

extenuating circumstances.


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Group work:

1. Students will form themselves into

groups for the purpose of collaborative

learning.

2. Each member will fully participate in the

work of the group ensuing that (s)he

makes an equitable contribution to the

work of the group.


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Group work:

3. Each group member will honestly, fairly

and independently evaluate his work and

that of his/her fellow group members using

forms provided by the instructor or faculty

and will return these forms to the instructor

or faculty at the time prescribed by thecourse outline.


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Teaching Methodology

Class-room presentations will generally consist

of notes (presentations, slides, and whiteboard)

and in-class discussions and problem solving.

The course pedagogy will also involve the use ofthe case method. Problems and selected

solutions will also be given to students.

Suggested practice problems from the end of the

chapter questions in the text will be identifiedand informed to students in the class-room.


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Teaching Methodology

Important

Students are required to read all theassigned chapters prior to the session or

class during which topics will be

discussed. Only advanced and practical

aspects and current developments will be

discussed in the class.


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Readings for next session

Financial Accounting (A Managerial

Perspective) -Third Edition by Prof. R.

Narayanaswamy, IIM (B).

Chapter 1 Accounting and Economic

Decisions

Chapter 2 Processing Transactions


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Internal tests / quizzes

1. Tests or quizzes may comprise of questions

on theory or numerical problems or both.

2. May be numerical problems, and be asked to

write comments or justifications or arguments foror against the findings or decisions.

3. Good rapport with faculty does not mean good

marks evaluation will be merit based.

4. Meaningful and purposeful class-room

participation may earn good marks.


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Advice

Subject Financial Accounting for

Managers demands multi-disciplinary

approach to problem solving. Hence, be

ready to learn accounting, alongwithsomething of costing, management

accounting, finance and taxation, etc.

List is endless.


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Advice

Financial Accounting requires constant

practice at home or office, if your employer

permits. This is not a subject you can

master by studying only text book. Youcan compare its study with driving a two-

wheeler. You need to practice 1000 kms

to be able to drive on road with highdensity traffic or for high-speed driving.


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Advice

This is the fundamental and basic for

Managerial Accounts, Financial

Management (both compulsory subjects in

Sem II) and all subjects for students optingfor finance specialization (in Sem III &

Sem IV). Moreover, it is the most useful

body of knowledge to everybody in his/herentire life.


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The End (of the beginning)

Wish you all the BEST in your learning.

Shreedhar Bhat, Faculty - Finance

Documents

1.B. FinAccts Guidelines