The Financial Accounting course prepares students to understand the importance of accounting in business decision making, from a small-scale business to multinational corporations. The course also challenges students to consider ethical consequences in the process of recording and analyzing transactions.

The Financial Accounting course is designed to provide an introductory level understanding of financial accounting for prospective consumers of corporate financial information, such as managers, stockholders, financial analysts, and creditors. Students taking this course will learn and apply basic accounting knowledge in small businesses and personal finance settings. Students will also discuss ethical aspects related to financial reporting in the case discussions. Successful completion of this course will provide students will the prerequisite knowledge necessary to study more advanced finance and accounting courses in the Global BBA program.

○ LG1 - Critical Thinking
■ Students can explain the importance of accounting in the decision making of investors, creditors, and other business stakeholders.
■ Students can understand fundamental financial accounting concepts that cover conceptual framework, accounting cycle and principles, financial statements’ elements, and disclosures.
■ Students can apply conceptual knowledge learned from the textbook, exercises, and cases and critically assess the applicability of the knowledge to the assigned case (the Case Method) and their unique personal situation (the Personal Financial Reporting Project).

○ LG2 - Diversity Awareness
■ Students are aware of the diverse business settings and environments through the case discussions.
■ Students could apply the accounting principles in the context of their unique personal financial situation via the Personal Financial Reporting Project.

○ LG3 - Ethical Decision Making
■ Students are aware of the ethical behavior and consequences inherent in the financial reporting process

○ LG4 - Effective Communication
■ Students record and write reports that summarize the outcomes of the Personal Financial Reporting Project.
■ Students work together in a small group to present conceptual and technical knowledge from the textbook through the weekly presentations.
■ Students actively discuss assigned cases in both small group and class settings.

*本学の教育ミッションを具現化する形で設定されています。

After completion of the course, students are expected to be able to:
1. Gain an understanding of the concepts and function of accounting so it can be used as a useful tool for communication, monitoring, resource allocation, and economic decision making.
2. Communicate business activities using accounting concepts, procedures, and techniques.
3. Apply basic accounting principles in a personal financial environment.

教育手法 Teaching Method		% of Course Time
インプット型 Traditional		20 %
参加者中心型 Participant-Centered Learning	ケースメソッド Case Method	80 %
	フィールドメソッド Field Method	0 %
合計 Total		100 %

This course combines the use of the following learning methods: active learning and case method, weekly quiz and homework, and the Personal Financial Reporting Project.

Weekly Quiz and Homework
To understand the accounting concepts introduced in this course, students will be assigned homework and quiz. The homework will be assigned at the end of the course to test the knowledge learned in the class. The quiz tests accounting concepts learned in the previous week, and it will be given at the start of the class, and students are given 15 minutes to do the quiz. Grades for the weekly quiz and homework will be provided in the following week.

Case Method: Think, Argue and Learn
It is important that you adequately prepare for assigned case discussions before each class session. You will be expected to have reviewed and “solved” the case before the actual class discussion. Individual case solutions to assignments should be uploaded to Google Classroom well before the class, and it will be graded.

At the beginning of each class session, 20 minutes will be dedicated to group discussions on the case(s) that have been assigned for discussion on that day. The member of each group will be randomly assigned at the beginning of each class session. Within the group, students are expected to reflect on how they would answer the questions for the case. Then students should clarify their analysis in the class discussion session. Active discussion on both the group and in-class sessions is encouraged and will be assessed.

The Personal Financial Reporting Simulation (PFRS) – Experience and Learn
This project is designed to reinforce students’ understanding of basic financial reporting concepts and their practical application to their personal financial situation. Students will complete a series of assignments where students will perform accounting cycle activities: identify personal assets and liabilities, record transactions (changes in assets, liabilities, revenue, and expenses), prepare financial statements, and write significant accounting policies. This project will help students understand their personal financial situation concerning earning, spending, investing, and saving activities using accounting concepts learned throughout the course.

The project consists of four parts and each subsequent part of the project builds upon the previous part by adding a new component of your personal financial statements. This project requires your attention to these points:
• Students need to collect the necessary financial information for a continuous period during the term.
• All the assignments are submitted through Google Classroom and are only accessible to the lecturer. Your information will only be used for grading. If you have any privacy concerns, please contact the professor.
• Each part of the project should be completed on time.
Students are required to make at least one office hour appointment with the lecturer by Zoom meetings or emails to discuss the project during the term. Further details on this project will be provided in the class.

*成績は下記該当項目を基に決定されます。
*クラス貢献度合計はコールドコールと授業内での挙手発言の合算値です。

講師用内規準拠 Method of Assessment	Weights
コールドコール Cold Call	0 %
授業内での挙手発言 Class Contribution	45 %
クラス貢献度合計 Class Contribution Total	45 %
予習レポート Preparation Report	20 %
小テスト Quizzes / Tests	0 %
シミュレーション成績 Simulation	0 %
ケース試験 Case Exam	0 %
最終レポート Final Report	35 %
期末試験 Final Exam	0 %
参加者による相互評価 Peer Assessment	0 %
合計 Total	100 %

評価の留意事項　Notes on Evaluation Criteria

The Personal Financial Reporting Project (the final report) represent 35% of the grade. Students are expected to ask questions and actively contribute to the class discussions. Discussion activities in the class will be graded and they represent 45% of the total grade. The individual case studies assignments contribute to 20% of the grade. An additional 15% bonus grades will be awarded for completion and submission of weekly optional homework.

The final grade distribution will be assigned following the following criteria:
• 90–100 S
• 80–89 A
• 70-79 B
• 60-69 C
• 40-59 F-Retry
(Students could apply for a make-up report and get another opportunity to revise the final report. Students who submit the revised final report that pass the grade of 60 will be assigned with C grade)
• Below 40 F

Academic Integrity:
Academic integrity is essential to ensure genuine learning. There is no tolerance for plagiarism or academic dishonesty in any form, including, but not limited to, sharing answers with others, copying answers or papers, or passing off someone else’s work as one’s own.

• Mitchell Franklin, Patty Graybeal, and Dixon Cooper「Principles of Accounting, Volume 1: Financial Accounting」OpenStax Rice University（2019）978-1-947172-67-8

The textbook will be used as the primary source of learning accounting concepts throughout the course. Students must access and download the following open access textbook. Download for free at https://openstax.org/details/books/principles-financial-accounting

"The professor encouraged us to be better team leaders and to speak out more in class."
"I think, as an introductory class, it was a little too intense for the students who never did accounting before."
"Different examples of accounting with many different situations were presented to make sure as many situations are covered. It has helped me in managing my personal finance."

（実務経験 Work experience）

Refereed Articles

• (2024) Environmental Greenwashing in Japan: The Roles of Corporate Governance and Assurance. Meditari Accountancy Research 32(7): 2049-372X
• (2024) The application of the organizational learning perspective in explaining the government's internal auditor’s role development. Jurnal Tata Kelola Dan Akuntabilitas Keuangan Negara 10(1): 2549-452X
• (2024) Examining the Ability of Big Data Analytics to Investigate Financial Reporting Quality: A Comprehensive Bibliometric Analysis. Journal of Financial Reporting and Accounting 1985-2517
• (2024) Leveraging place-based resources for quality education: insights from a forest community outreach project in Japan. International Journal of Sustainability in Higher Education 1467-6370
• (2023) Digitalization in management accounting systems for urban SMEs in a developing country: A mediation model analysis. Cogent Economics & Finance 11 2332-2039