MMD1010 Accounting 101
Faculty of Business and Economics
MMD1010 Accounting 101 is a level 1, 6-credit-point, undergraduate unit from the Faculty of Business and Economics, offered in 2027 in Semester 2 at Malaysia. It has no prerequisites.
- Credit points
- 6
- Offered in 2027
- Semester 2
- Malaysia
- Assessment
- No exam
- 4 tasks
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Requisites
Before MMD1010
No prerequisites or corequisites besides the enrolment rules below.
After MMD1010
No unit lists MMD1010 as a prerequisite in the 2027 handbook.
Enrolment rules
You must be enrolled in B0601 to undertake this unit.
Overview
This unit provides you with a foundational understanding of financial accounting principles and procedures. It covers key concepts such as bookkeeping, financial statement preparation, and financial analysis. You will develop essential skills in recording transactions, understanding financial reports, and applying accounting principles in business scenarios. Assessments include individual and group projects, tests, and financial analysis exercises to enhance practical application. By the end of the course, you will be able to compute financial statements, interpret financial data using key ratios, and apply accounting concepts to real-world business situations.
Offerings in 2027
| Teaching period | Campus | Mode |
|---|---|---|
| Second semester | Malaysia | On campus |
| October intake teaching period, Malaysia campus | Malaysia | On campus |
Assessment
- Quiz / Test20%
- Quiz / Test20%
- Project20%
- Project40%
Assessment details may change. Please refer to the assessment information in Moodle closer to the start of the teaching period.
Learning outcomes
When you finish this unit, you should be able to:
- 1
identify each business situation using accounting concepts and conventions
- 2
compute the important elements of financial statements for sole proprietorship
- 3
examine financial information by computing profitability, liquidity, and solvency ratios to interpret financial performance
- 4
apply bookkeeping skills and accounting concepts in preparing the adjusted financial statements.
Workload and teaching
- Tutorials48 hours
- Teaching approachCase-based teaching
- Teaching approachEnquiry-based learning
- Teaching approachProblem-based learning
- Teaching approachActive learning
- Teaching approachSimulation or virtual practice
This unit includes case-based teaching, where you apply your knowledge and engage in analytical and reflective thinking to solve complex contextual scenarios. Activities are often designed so that there is not one clear answer, but you need to work together to examine, analyse and make decisions to resolve the situation.
This unit engages you in enquiry-based learning, where you will be encouraged to use your own knowledge to develop and engage in a process of enquiry, study and research to identify areas to be investigated and an approach to doing so.
This unit includes problem-based learning approaches, where you engage in research, integrate theory and practice and apply knowledge and skills to develop viable solutions in response to a problem or set of problems.
This unit engages you in actively applying your knowledge, skills and attributes in interactive, collaborative and reflective activities.
This unit allows you to engage in guided, immersive experiences to develop relevant skills, knowledge and attitudes through simulation or virtual practice.
Contacts
- Chief Examiners
- Johnson Mathelamuthu
Common questions
What are the prerequisites for MMD1010?
MMD1010 has no prerequisites, but enrolment rules apply.
When is MMD1010 offered?
In 2027, MMD1010 runs in Semester 2 at Malaysia.
Does MMD1010 have an exam?
No. MMD1010 has 4 assessment tasks and no exam.