ACC 437 : Contracting projects accounting

Department

Accounting Department

Academic Program

Bachelor in Accounting

Type

Elective

Credits

03

Prerequisite

Overview

- Introducing the student to the nature of the contracting activity.

-Introducing the student to the terms and procedures of long-term construction contracts.

-Introducing the student to the different accounting treatments for long-term construction contracts.

-Introducing the student to the financial statements of contracting companies and their financial analysis processes.

Intended learning outcomes

A / knowledge and understanding

Introducing students to the concept and nature of contracting companies.

Familiarize students with the terms and procedures of long-term construction contracts.

Introducing the student to the different accounting treatments for long-term construction contracts.

Introducing the student to the financial statements of contracting companies and their financial analysis processes

B / mental skills

- Developing the student's ability to perform various accounting treatments for construction contracts

long

- Developing the student's ability to perform procedures for calculating contract costs

- To develop in the student the distinction between the percentage of achievement method and the full contracts

- Developing in students how to prepare financial statements for contracting companies and their financial analysis.

C / scientific and professional skills

That the student be able to perform various accounting treatments for long-term construction contracts.

- That the student be able to perform the accounting treatment of the costs of construction contracts,

- That the student be able to prepare the various financial statements for the contracting companies.

- That the student be able to evaluate the financial performance of the contracting companies through the financial analysis of their financial statements.

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 contracting projects	3	1
Terms and procedures for long-term construction contracts	6	2
Accounting for long-term construction contracts	12	4
Accounting treatment of potential losses from construction contracts	6	2
Final accounts and financial statements in contracting companies	6	2
Analyzing the financial statements of contracting 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)