Thursday 4 May 2017

NTU NBS: Year 2 Semester 2

Year 2 Semester 2
Hey! I have decided to reduce the number of AUs taken to 16AUs this semester and it was so much manageable than the previous semester.

AB2000 Career Foundations II (CORE - 1AU)
Course Format: 
Attendance (45%)
Class Participation (10%)
Dressing (10%)
Resume and Cover letter (35%)

Attained Score: Unknown


Final Grade: P


There were 5 3.5 hours lessons for this module, however, the instructor never fails to stretch the lessons till 4 hrs. There were 3 lessons focusing on interview skills and resume building tips while the other 2 lessons were outsourced to external facilitators and focused on dressing and etiquette. As for the assignment, I've re-used the one written in Career Foundations I since there were not much changes. 

AC2101 Accounting Recognition & Measurement (CORE - 4AU)
Course Format: 
Class Participation (15%)
Mid Terms (20%)
Group Presentation (15%)
Final Examination - open book (50%)

Attained Score: 
Coursework (50% - A-, of which Mid Terms - A-)


Final Grade: B+


This is yet another challenging accounting module that I've taken so far. Personally, I dislike accounting calculations as the amount of calculations is voluminous and intimidating. But yeah, this module extends the knowledge from Accounting I and II and move on to complex financial reporting issues such as Leases, Financial Instruments, Construction Contracts, Revenue from Contracts with Customers, Split Accounting and Share-based payment transactions. The mid terms was supposed to be easy since more than 50% of the cohort got an A- and above. Group presentation was just tutorial presentation of a given tutorial topic like the previous accounting modules. The final examination was quite challenging for me, considering I've spent so much effort and time preparing for it and I can't even determine the accounting treatment for several issues.  


AC2104 Auditing & Assurance (CORE - 4AU)
Course Format: 
Class Participation (10%)
Mid Terms (15%)
Group Presentation (8%)
1 page Presentation Critique (2%)
15 Connect Quizzes (5%)
Seminar Activities (5%)
Mini-Group Presentation (5%)
Final Examination - open book (50%)

Attained Score: 
Mid Terms (A+)
Group Presentation + Critique (A)
Connect Quizzes + Seminar Activities + Mini-Group Presentation (A+)


Final Grade: A


When I first started this course, I was kind of intimidated by the numerous course components and was apprehensive about it. However, this course turns out to be my favourite course of this semester. It was both interesting and fun learning about risk assessment and coming up with different audit procedures to address the risks. Also, this course is largely qualitative in nature. The only quantitative part would be calculating materiality and performing analytical procedures (e.g. ratio analysis). 


The group presentation and mini-group presentation were assigned tutorial questions, where most of the answers could be obtained from the textbook and the internet. For the seminar activities, it's spontaneous class activities where the group completes selected tutorial questions issued by the professor and then, different groups will discuss their answers in class. 



AC2401 Accounting Information Systems (CORE - 4AU)
Course Format: 
Class Participation (10%)
Process Analysis Report (2000 words, 12%)
ERP Implementation Presentation (13%)
SAP Quiz (15%)
Final Examination - open book (50%)

Attained Score: 
Process Analysis Report (B+)


Final Grade: A


This module is heavily focused on coursework. There were only about 4-5 seminars and 6 SAP lab sessions. The effective course duration is 11 weeks, excluding 1 week of e-learning and the last week of presentation. The main highlights of the seminar sessions was to map out the business process using system flowcharts and solving efficiency and controls issues within the business process. The SAP lab sessions focuses on the use of SAP ERP system - FI, CO and MM modules. More of the work is done on both project components. The Process Analysis Report requires us to map out the business process of an existing company (can't use fictitious company), as such, we were required to go down to the company and interview various key personnel involved in the revenue/expenditure cycle. Time and effort is also required to learn use the flowchart software to draw the charts. As for the second component, it requires us to select an ERP package and implement it to the company we have chosen in our process analysis report. A live demonstration of the ERP package is required during the final presentation, so we are required to fully understand and use all the functionalities of the ERP package that we have chosen. 



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