Applied Economics and Managerial Accounting

General

• Code: 302
• Semester: 3rd
• Study Level: Undergraduate
• Course type: Special Background
• Teaching and exams language: Greek
• Teaching Methods (Hours/Week): Lectures (2) / Laboratory Exercises (2)
• ECTS Units: 5
• Course homepage: https://elearning.cm.ihu.gr/course/view.php?id=502
• Instructors: Karagiannis Christos, Lazogianni Zoi, Laskaridou Aikaterini

Course Contents

1. Introduction to the Greek Accounting Standards and Applied Financial-Accounting Management.
2. Business software, Computerized accounting and Financial and accounting management information systems.
3. Update of double and simple books using computerized accounting programs, according to the Greek Accounting Standards.
4. Preparing a computerized double-entry book system for operation. Define operating parameters.
5. Registration of Chart of Accounts. Determination of General Accounting movements.
6. Start-up of a company in an accounting program for keeping double-entry books.
7. Accounting entries with real documents for entries of all groups of the Chart of Accounts (according to the Greek Accounting Standards).
8. Modification and correction of accounting items. Checks of day entries.
9. Entries of closing and preparation of financial statements.
10. Computerized application of accounting procedures.
11. Prints of journal entries, account balances, detailed ledgers, general ledger.
12. Printouts of transactions (consolidated statements) of customers and suppliers, asset register, financial statements.
13. Course revision.

Educational Goals

The general aim of the course is to introduce the student to the applied economic-accounting management of businesses, with partial reference to the way of keeping ledgers/commercial management programs and emphasis on the computerized maintenance of ledgers according to the Greek Accounting Standards. The course, structured in a theoretical and laboratory part, has as its main objectives both the practical and the theoretical understanding of the above. The student, in a fully computerized environment learns the application of various accounting programs for keeping double-entry books, registers accounting events with real documents and performs all the entries and required actions up to and including the preparation of financial statements.

Upon successful completion of the course, the student will be able to:

• Apply his/hers knowledge in a newly founded and update the double-entry books with all documents of income, expenses, purchases, offsetting entries.
• Understand the different concepts of the different courses, which he acquires in the previous semesters, by using them in the accounting software while keeping of the double-ebtry ledgers.
• Know how to keep double-entry ledgers, follow accounting procedures and extract financial statements.
• Analyze and interpret the printouts resulting from the accounting software of keeping double-entry books.
• Compare and evaluate the output results.

General Skills

• Working independently.
• Adapting to new situations.
• Decision-making.
• Production of free, creative and inductive thinking.

Teaching Methods

• In the classroom, face to face.

Use of ICT means

• Basic software (windows, word, power point, the web, etc.).
• Support of learning process through the electronic platform / e-class.

Teaching Organization

Students Evaluation

Written final exams that may include:

• Judgemental questions
• Short answer questions
• Comparative evaluation of theory elements
• True/False and multiple choice Questions
• Application exercises

In each question, corresponding evaluation points are specified.
Optional assignment (Essay writing) corresponds to 40% of the final grade.

Recommended Bibliography

1. Εφαρμοσμένη Λογιστική Εταιριών σύμφωνα με τα Ελληνικά Λογιστικά Πρότυπα, Καραγιώργος Θεοφάνης, 2018, Εκδόσεις Αφοί Θ. Καραγιώργου Ο.Ε., Θεσσαλονίκη, ISBN: 978-618-83370-5-3.
2. Μηχανογραφημένη Λογιστική ΙΙ, Δάπης Δημήτριος, Αθανασίου Δημήτριος, 2017, Εκδόσεις Epsilon Net Α.Ε., Θεσσαλονίκη, ISBN: 978-618-83139-1-0.
3. Μηχανογραφημένη Λογιστική με Ελληνικά Λογιστικά Πρότυπα, Καρτάλης Νικόλαος, 2017, Εκδόσεις Μπαλουκτσή Βασιλική, ISBN: 978-618-83364-4-5.

Related Research Journals

International Journal of Accounting & Information Management, International Journal of Accounting Information Systems, Information Systems Research, Journal of Management Information Systems, European Journal of Information Systems, κ.ά.