ACC 337 : Accounting for banks and insurance companies

Department

Accounting Department

Academic Program

Bachelor in Accounting

Type

Compulsory

Credits

03

Prerequisite

Overview

-Introducing students to the nature and characteristics of commercial banks.

-Introducing the student to the various accounting treatments in the technical departments of commercial banks and how to prepare their financial statements.

-Introducing the student to the nature and characteristics of insurance companies.

-Introducing the student to the different accounting treatments for operations within insurance companies

Intended learning outcomes

A / knowledge and understanding

- The student knows what commercial banks are.

The student understands the accounting treatment of department operations in commercial banks and their financial statements

- The student knows what insurance companies are

Understanding the accounting treatment of insurance companies' operations

B / mental skills

- The student's ability to handle the accounting operations of departments in commercial banks

- The student's ability to prepare financial statements for commercial banks.

- The student's ability to handle the accounting operations of insurance companies

- The student's ability to form insurance provisions at the end of the year

C / scientific and professional skills

To understand the nature of commercial banks.

- That the student understands the various accounting treatments for the operations of departments in commercial banks and how to prepare their financial statements

To understand the nature of the insurance companies.

- That the student understand the various accounting treatments for the operations of insurance companies

D / 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
General introduction to commercial banks	3	1
Accounting treatment of department operations in commercial banks	18	6
Financial statements in commercial banks	3	1
long-term credit banks	3	1
General introduction to insurance companies	3	1
Accounting treatment of insurance company operations	9	3

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)