Inside CMMU - Mahidol University

MAHIDOL UNIVERSITY
COLLEGE OF MANAGEMENT: THAI PROGRAM
COURSE SYLLABUS
MGMG 591 Accounting
Trimester:
Major :
Mode :
Instructor(s):
Contact:
Pre-Course (12 July 2012 to 13 September 2012)
FN (15B)
Full Time
Kittichai Rajchamaha, CTA and CAIC
Full Time Lecturer, CMMU, MAHIDOL University
Email: kittichai.raj@mahidol.ac.th
Facebook: www.facebook.com/cmkittichai
Mobile Phone: 081-347-6995
Office Phone: 02-206-2000 (Ext. 2119)
Office Room: 1406
Office Hours: Monday, Wednesday, and Friday; 1 P.M.- 4 P.M.
Course Description:
This course assumes no prior academic knowledge of accounting, therefore, we include principles
and practices of accounting, i.e. applications of generally accepted accounting principles (GAAP),
presentation of information for external reporting purposes, management analysis, decision-making,
planning and control.
We will introduce you to the concepts of financial accounting and its underlying assumptions. We
will discuss the uses and limitations of the financial statements. Procedural aspects of accounting
will be discussed in order to enhance your understanding of the content of the financial statements.
However, the emphasis of the class in on using accounting information in the evaluation of business
performance and risk. We will grade your achievements in this course from your development of the
ability to read and to analyze and interpret financial statements and to use this and other types of
information in business making decision for planning and controlling.
We focus on the development, analysis, and use of accounting reports to provide an understanding of
what these reports contain, what assumptions and concepts accountants use to prepare them, and why
they use those assumptions and concepts. This course stresses the ability to apply accounting
concepts to real world cases, which by their very nature are complex and ambiguous. In addition to
traditional introductory topics, other topics may include mergers and acquisitions accounting, free
cash flow and financial statement analysis.

Learning Accounting :
Experience in this course suggests the following advice:
Classes make extensive use of problems assigned from the text. A selection of the
assignments is discussed in each class. You will learn accounting better (and will perform
better on the problem-oriented exam) if you do the assigned reading prior to each class. This
is not an idle warning.
Accounting is a part of financial reporting and analysis. This course is not organized like a
survey course. Each class builds on what you have learned in previous classes. You
therefore must keep up to data, or you will find subsequent classes difficult.
This course requires large amount of time devoted to both reading and working on problems.
The reading of all chapter assigned should be prepared before class and it is a “must”
responsibility of students to read them because this course is the extensive course.
Required Textbook(s):
Donald Kieso, Jerry Weygandt, and, Warfield, Intermediate Accounting 1, IFRS Edition, John Wiley &
Sons, Inc.
Donald Kieso, Jerry Weygandt, and, Warfield, Intermediate Accounting 2, IFRS Edition, John Wiley &
Sons, Inc.
Charles T. Horngren, Srikant M. Datar, and Madhav V. Rajan, Cost Accounting: A Managerial Emphasis,
14th Global Edition, Pearson Learning Limited, 2012.
Paul Kimmel, Jerry Weygandt, and Donald Kieso, Financial Accounting: Tools for Business Decision
Making, 6th Edition, John Wiley & Sons, Inc.
Recommended Textbook(s):
Charles T. Horngren and Walter T. Harrison Jr., Financial and Managerial Accounting, 1st Edition,
Pearson Education Indochina Ltd.
Jerry J. Weygandt, Paul D. Kimmel, and Donald E. Kieso, Accounting Principles, 9th Edition, John Wiley
& Sons, Inc.
Jerry Weygandt, Paul Kimmel, and Donald Kieso, Managerial Accounting: Tools for Business Decision
Making, 5th Edition, John Wiley & Sons, Inc.
Maryanne M. Mowen and Don R. Hansen, Introduction to Cost Accounting, International Edition, South-
Western Cengage Learning Ltd.
Ray H. Garrison, Eric W. Noreen, and Peter C. Brewer, Managerial Accounting, 12nd Edition, McGraw-
Hill Irwin Ltd.
Web site recommend
http://www.fap.or.th http://www.rd.go.th http://www.fasab.gov http://www.deloitte.com
http://www.dbd.go.th http://www.tris.or.th http://www.ifac.org http://www.pwc.com
http://www.set.or.th http://www.imanet.org http://www.fei.org http://www.kpmg.co.th
http://www.sec.or.th http://www.iasb.org http://www.eman-eu.net http://www.ey.com
http://www.settrad.com http://www.bloomberg.com http://www.aicpa.org http://www.fpo.go.th
Course Evaluation:
Quiz (7 quiz@10) 70 %
Case (2 case@10) 20 %
Class Participation 10 %
Total 100 %
Course Performance Grading:
65 – 100 Scores = Satisfactory (S)
0 – 64 Scores = Unsatisfactory (U)
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COURSE TIMETABLE:
Session DATE DAY TIME ROOM Class Activity
Class 1 THURSDAY 12-Jul-12 18.00-21.30 608
INTRODUCTION:
COURSE SYLLABUS
LECTURE:
Chapter 1- Accounting System
Class 2 SUNDAY 15-Jul-12 09.00-12.00 608
LECTURE:
Chapter 2- Cash and Receivable Acc.
Class 3 SUNDAY 15-Jul-12 13.30-16.30 608
LECTURE:
Chapter 3- Inventory Costing
Class 4 THURSDAY 19-Jul-12 18.00-21.30 608
LECTURE:
Chapter 4- Inventory Valuation
Class 5 THURSDAY 26-Jul-12 18.00-21.30 608
LECTURE:
Chapter 5- Investment Accounting
Class 6 SUNDAY 29-Jul-12 09.00-12.00 608
LECTURE:
Chapter 6- Fixed Asset Accounting
Class 7 SUNDAY 29-Jul-12 13.30-16.30 608
LECTURE:
Chapter 7- Liability Accounting
Class 8 THURSDAY 2-Aug-12 18.00-21.30 608
LECTURE:
Chapter 8- Equity Accounting
Class 9 THURSDAY 9-Aug-12 18.00-21.30 608
LECTURE:
Chapter 9- Cash Flow Statement
Class 10 THURSDAY 16-Aug-12 18.00-21.30 608
LECTURE:
Chapter 10- FS Analysis
Class 11 THURSDAY 23-Aug-12 18.00-21.00 608
LECTURE:
Chapter 11- Cost Analysis
Class 12 THURSDAY 30-Aug-12 18.00-21.00 608
LECTURE:
Chapter 12- Traditional Cost,
ABC,&RA.
Class 13 THURSDAY 6-Sep-12 18.00-21.00 608
LECTURE:
Chapter 13- Budgeting and BSC
Class 14 THURSDAY 13-Sep-12 18.00-21.00 608
COMPREHENSIVE EXAM
CASE PRESENTATION
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