ACC 330 : Corporate Accounting

Department

Accounting Department

Academic Program

Bachelor in Accounting

Type

Compulsory

Credits

03

Prerequisite

ACC 231

Overview

• Introducing the student to the legal forms of partnerships.

• Introducing students to the nature and characteristics of partnership companies.

• Introducing the accounting treatment of operations in joint venture companies and their liquidation.

• Introducing the student to the financial statements of the joint venture companies

Intended learning outcomes

A / knowledge and understanding

- To familiarize the student with the forms of partnerships and their characteristics.

- That the student understand the accounting treatment for the establishment and liquidation of companies of persons

- That the student understand the various accounting treatments related to the partners in the partnerships.

- The student will know how to prepare the financial statements of the companies of persons

B / mental skills

- That the student remember the essential differences between the different forms of partnerships.

- That the student be able to conduct the various accounting treatments for the operations related to the partners in the partnerships

- That the student be able to prepare the various financial statements for the companies of persons

- That the student be able to conduct the accounting treatment for the liquidation of companies of persons

C / scientific and professional skills

- That the student understand the different legal forms of partnerships.

- That the student understand how partnership companies are formed and how to liquidate them.

- That the student understand the different accounting treatments for joint venture companies.

That the student be able to prepare the financial statements of the partnership companiesD / general skills

- That the student has the ability to dialogue and discussion.

- The student should be able to communicate and communicate with others.

The student should be able to manage time.

The student should be able to work in a team

Teaching and learning methods

Lectures, discussions, exercises, meals, research papers and exams

Methods of assessments

Sharing and solving exercises and preparing papers during lecturesMidterm exam first week sixthThe second midterm exam, the eleventh weekSixteenth week final exam

Scientific subject	Number of hours per	week
The nature of the companies of persons.	3	1
Formation of the capital of joint venture companies	6	2
Distribution of profits and losses in partnership companies	6	2
Amending the contract in partnership companies	12	4
Inventory settlements and preparation of financial statements in partnership companies	6	2
Liquidation of partnership companies	6	2

Accounting for financial companies (ACC 430)
Studies in accounting (ACC 530)
Accounting for Islamic banks (ACC 439)
international accounting (ACC 438)
Contracting projects accounting (ACC 437)
Revision2 (ACC 434)
Additional manufacturing cost measurement2 (ACC 433)
Review I (ACC 432)
accounting administration (ACC 431)
Public fund accounting (ACC 339)
Accounting for banks and insurance companies (ACC 337)
Oil accounting (ACC 336)
Analysis of financial statements (ACC338)
Additional manufacturing cost measurement1 (ACC 333)
Accounting for service projects (ACC 332)
Corporate Accounting (ACC 330)
Planing peincipals (PLA170)
Accounting Principles I (ACC 130)
Principles of Accounting II (ACC131)
Social responsibility accounting (ACC 436)
Accounting systems design (ACC 435)
Accounting departments and branches (ACC 331)
Intermediate Accounting 2 (ACC 231)
Tax accounting (ACC 335)