Taken AY2014/2015 Semester 2
ACC1002: Financial Accounting
I took this module in Semester 2, and the lecturer was Professor Winston Kwok. He is truly a gifted educator, as he was able to make the material interesting and accessible to all. I have nothing but good words to say about him, and he is truly deserving of winning the teaching award for many years in a row. His sense of humour, while odd, definitely helps to make each lecture more lively and entertaining. I actually looked forward to his lectures every Wednesday at UTown.
HOWEVER, the bell curve for this module is absolutely killer, and as said by the man himself, “in order to receive the A grades for this course (i.e. A+, A, or A-), the students must have received either full or close to full marks for the test and participation, as well as very high marks for the exam. In other words, students who did very well for the mid-term test might not get any of the A grades if their participation and exam were not also among the highest scores.”
The course material was actually not very difficult, given that this is a level 1000 module. None of the concepts were difficult to understand, and the content covered in this module was not too much to handle. To score well, it is important to be able to do the questions quickly and efficiently, and sincerely hope that your peers don’t do as well as you.
Despite all this, do not feel discouraged to take this module. Even if it may have a negative impact on your CAP, its intrinsic value is obvious, and I definitely learnt a lot about the internal finances of businesses. If you’re an accountancy/biz student, then this is a compulsory mod for you. For others, I still highly recommend this course, as it would definitely help with one’s financial literacy and would come in useful if you ever want to start your own business someday.
Assessment:
Class participation: 20%
Mid Terms: 25-30%
Finals: 45-50%
Workload:
The workload was actually very light, as there was no group work or extra projects. The only work needed was the weekly tutorials, but make sure to be prepared as the tutor may pick on you to answer. Then again, most people were competing to answer questions in order to fulfil their class participation. I was able to get the professor as my tutor, but I felt that he was not very fair when picking students to answer, as he kept picking this one guy most of the time. Although I tried to participate at least once or twice during each tutorial, my class participation was deemed “below average”, which was rather discouraging.
It is important to not slack off and work consistently, although such advice can be applicable to almost any subject.
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