FINANCIAL ACCOUNTING I

Course Information
TitleΧΡΗΜΑΤΟΟΙΚΟΝΟΜΙΚΗ ΛΟΓΙΣΤΙΚΗ I / FINANCIAL ACCOUNTING I
Code12ΥΒ02
FacultySocial and Economic Sciences
SchoolEconomics
Cycle / Level1st / Undergraduate
Teaching PeriodSpring
CoordinatorCharalampos Spathis
CommonYes
StatusActive
Course ID100001408

Programme of Study: UPS School of Economics (2013-today)

Registered students: 1147
OrientationAttendance TypeSemesterYearECTS
CORECompulsory Course216
Class Information
Academic Year2024 – 2025
Class PeriodSpring
Faculty Instructors
Weekly Hours4
Class ID
600271761
Course Type 2021
General Foundation
Course Type 2016-2020
  • Scientific Area
  • Skills Development
Course Type 2011-2015
Specific Foundation / Core
Mode of Delivery
  • Face to face
Digital Course Content
Erasmus
The course is also offered to exchange programme students.
Language of Instruction
  • Greek (Instruction, Examination)
  • English (Instruction, Examination)
Learning Outcomes
After the successful completion of the course, students should be able to: - follow the accounting cycle of an entity - explain the general purposes and functions of financial accounting accounting - describe the main elements of financial accounting information (assets, liabilities, revenue and expenses) - prepare the journal, ledgers and trial balances of an entity - prepare the main financial statements (balance sheet, income statement).
General Competences
  • Apply knowledge in practice
  • Retrieve, analyse and synthesise data and information, with the use of necessary technologies
  • Adapt to new situations
  • Make decisions
  • Work autonomously
  • Work in teams
  • Work in an international context
  • Work in an interdisciplinary team
Course Content (Syllabus)
1. Introduction to financial accounting (purpose and users of financial accounting, differences between financial and management accounting, overview of IFRS and the role of regulation) 2. Conceptual and regulatory frameworks (qualitative characteristics of useful information, the role of regulators) 3. The accounting equation (assets, liabilities, equity, duality concept, impact on transactions on the accounting equation) 4. Non-current assets and depreciation, inventories and cost of sales, other current assets and liability, non-current liabilities and equity 5. Key concepts and conventions (accruals vs cash basis, matching principle and revenue recognition) 6. Preparation of financial statements (balance sheet, income statement) 7. The accounting cycle and recording process (source documents, books of prime entry, ledger accounts, balancing ledger accounts, trial balance preparation, common errors in trial balances) 8. Control accounts, errors and omissions and computerised accounting
Keywords
Accounts, income statement, balance sheet
Educational Material Types
  • Notes
  • Slide presentations
  • Video lectures
  • Book
Use of Information and Communication Technologies
Use of ICT
  • Use of ICT in Course Teaching
  • Use of ICT in Laboratory Teaching
  • Use of ICT in Communication with Students
  • Use of ICT in Student Assessment
Course Organization
ActivitiesWorkloadECTSIndividualTeamworkErasmus
Lectures1545.5✓
Tutorial120.4✓
Exams20.1
Total1686
Student Assessment
Description
Exams at the end of semester
Student Assessment methods
  • Written Exam with Short Answer Questions (Formative, Summative)
  • Written Exam with Extended Answer Questions (Formative, Summative)
  • Written Exam with Problem Solving (Formative, Summative)
Bibliography
Course Bibliography (Eudoxus)
1. Α. Τσακλάγκανος, Χ. Σπαθής, Χρηματοοικονομική Λογιστική σύμφωνα με τα Διεθνή Λογιστικά Πρότυπα, εκδ. Αφοί Κυριακίδη Α.Ε., 3η Έκδοση, Θεσσαλονίκη 2015. Κωδικός Βιβλίου στον ΕΥΔΟΞΟ: 50662535. 2. Α. Μπάλλας, Δ. Χέβας, Χρηματοοικονομική Λογιστική, εκδ. Γεωργία Μπένου, Αθήνα 2009. Κωδικός Βιβλίου στον ΕΥΔΟΞΟ: 12635127. 3. Needles B., Marian P., Εισαγωγή στη Λογιστική, Εκδότης: BROKEN HILL PUBLISHERS LTD, Έκδοση: 12η /2016, Κωδικός Βιβλίου στον Εύδοξο: 50662467.
Last Update
15-09-2025