Accounting - BMEGT35M009

Teaching the subject will get the students acquainted with the goals and tasks of accounting. As a result, they learn accounting tools and methods and gain basic knowledge in analysing income and financial state of the company. Objectives: • to get students acquainted with the accounting framework, general accounting principles and accounting regulation; • to make students understand what the main accounting elements: assets, liabilities, income, expense; • to familiarize them with the annual accounts, the balance sheet and the income statement; • to help students develop the capability to perform the basic accounting functions: the recognition, valuation, measurement and recording of the most common business transactions and the preparation of accounting statements.

1. • understand and demonstrate accounting principles;
2. • classify accounts as either asset, liability, owner's equity, revenue, or expense;
3. • prepare financial statements (income statement and balance sheet);
4. • process financial data, analyze source documents and transactions and decide what accounts

1. • plan and organize independent learning;
2. • comprehend and use the professional literature of the topic;
3. • analyze and record business transactions;
4. • prevent, identify, or solve problems with equipment, including computers and other technologies.

1. • are open to learnning about and adapting innovations in the accounting field
2. • collaborate with their instructors and student mates;
3. • during the learning process;
4. • gain knowledge and information, take use of ICT tools.

1. • exert a high level of effort and persevere toward goal attainment;
2. • are open to accept reliable critical remarks;
3. • collaborate with other students in performing assignments during the learning process;
4. • are able to make independent decisions.

Lectures, and written communication, use of ICT tools and techniques, home assignment. Students will submit as-signments, including quizzes, throughout the semester based on the course content presented in that assignment. Students will complete hands-on, application exams using accounting forms.

• Böcskei Elvira: Számvitel alapjai
• Literature: P. Marriottt, J.R. Edwards &Hj Mellet: Introduction to Accounting 3rd Edition
• Larry M. Walther – Christopher J. Skousen: Managerial and Cost Accounting 2009.

Assessment of the learning outcomes described under 2.2. is based on two written mid-term tests ("summarizing study peformance test") and optional home assignment. Type of assessment: exam.

A. Detailed description of mid-term per-formance assessments: Mid-term study performance assessment (two mid-term tests): The tests require the knowledge of theory and practice. The total marks of the tests are calculated in the final assessment. Exam pre requisite: the total marks of the two tests together should account for at least the minimum level requirement of 40 percent. If the student cannot meet this requirement or missed one of the two tests, they write one complex test, which includes the whole course material in the last week of the semester. - The complex written assessment of knowledge and skill competencies of the subject is based on two mid-term tests during the semester. The tests focus on practical adaptation of the knowledge students gained in the learn-ing process, which does not exclude testing theoretical knowledge. The parts of the learning material for the tests are selected by the lecturer of the subject. Working time for test writing is 90 minutes/test. B. Detailed description of examination performance assess-ments: The written final exam test: Duration: 90 minutes The assessment of knowledge and skill competencies of the subject is based on the written final exam test. The tests focuses on the practical adaptation of the knowledge students gained in the learning process, which does not exclude testing the theoretical knowledge. The sections of the learning material for the exam test are selected by the lecturer of the subject. - Semester-end written exam: Exam: 90 minutes

• Summarizing study performance tests : 50 %

• Semester-end written exam: 50 %

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- In case the total result of the two interim period tests (assessing both theoretical and practical knowledge) do not reach the minimum requirement level, or one of the interim tests falls off, a complex test will take place in the last week of the semester teaching period which gauges the attained knowledge during the semester. In the last week of the semester teaching period it is only possible to make up for the interim test and accomplish the minimum requirement level. In case of meeting the minimum requirements there is no opportunity to improve the total result of the two interim tests. There is no individu-al/particular minimum requirement for the interim tests, therefore it is not possible to make up for the individual interim tests.

Subject includes the topics detailed in the course syllabus to ensure learning outcomes listed under 2.2. can be achieved. Timing of the topics may be affected by calendar or other circumstances in each semester.